News
Balancing services should be £/MWh and based on final demand – task force
by New Power •
All final demand customers should pay grid balancing charges that are based on a set £/MWh basis, according to the Balancing Services Charges Task Force. The group, convened by National Grid ESO at Ofgem’s request, has spent two years working…
News
Green Gas Levy: Flat rate and quarterly collections favoured
by Staff writer •
Government thinks its plans for a biogas levy will add no more than £6.90 per annum per meter – both for businesses and households. The Green Gas Support Scheme is due to launch in Autumn 2021. It will be funded…
News
National Grid and Tennet explore offshore grid
by Staff writer •
National Grid and Dutch transmission system operator Tennet are working on plans for a multipoint interconnector that would connect offshore wind farms to both countries. The plan involves simultaneously connecting 4GW of British and Dutch offshore wind, providing an additional…
News
Ofgem wants views on ESO’s first half performance
by Staff writer •
Ofgem seeks industry views on how the electricity system operator has performed in the first half of the year. The regulator’s framework regularly seeks such feedback, but this year’s review may be more interesting than most, given the events and…
News
Northern Powergrid goes deep on customer engagement in ED2 incentive push
by Staff writer •
Northern Powergrid says it is pushing deeper into customer engagement than ever before ahead of the next price control. With Ofgem seemingly set on frugal returns, the DNO hopes to be able to present the regulator with robust evidence to…
From the monthly Report
From the New Power archive: Wylfa Newydd
by New Power •
In February 2019 New Power reported on the suspension of the Wylfa Newydd project: Horizon Nuclear Power has suspended its UK nuclear development programme, which was to have seen a new plant built at Wylfa Newydd on Anglesey in North…
News
Jonathan Tudor swaps Centrica for Clean Growth Fund
by Staff writer •
Jonathan Tudor has left Centrica to become investment partner at the government-backed Clean Growth Fund, aiming to find and develop early stage clean tech companies. Tudor was technology & strategy director at Centrica Innovations and has covered similar ground for…
News
National Grid appoints first female chair
by Staff writer •
Paula Rosput Reynolds has been appointed as chair of National Grid, following Sir Peter Gershon’s announcement on 30 January 2020 that he would step down from the role. She will join the board on 1 January 2021 and assume the…
News
SSE shrugs off Moody’s negative outlook
by Staff writer •
SSE has shrugged off a negative outlook rating from Moody’s, which yesterday maintained SSE’s Baa1 rating but changed its outlook to negative. Moody’s cited higher than anticipated leverage and said that even £2bn of planned disposals would be insufficient to…