News
Ofgem aims to halve network returns while giving flexibility to invest in delivering Net Zero: National Grid warns it has gone too far
by New Power •
Ofgem’s draft determination of network price controls for the coming five years ”Risks undermining the process”, said National Grid. The company, which owns gas and electricity transmission networks and the system operator, said Ofgem’s proposed settlement “leaves us concerned as to our ability to…
News
Nuclear, CCGT, biomass the winners as system operator continues to struggle with low demand
by New Power •
EDF Energy provided 600MW of additional nuclear generation on the weekend of 4-5 July as the Torness plant returned from outage, while National Grid ESO continued to pay the company to reduce generation from its Sizewell B plant by a…
Sponsored post
Introducing the GB Power Investment Index
by New Power •
GB Power Investment Index The energy market is becoming more complex, with uncertainty the new norm. The sheer amount of change occurring in the sector means there is a real need to understand how new ancillary services, market challenges or…
News
Green stimulus: the industry responds – ‘ambition severely lacking’
by New Power •
Dr Nina Skorupska CBE, chief executive, REA: “Today’s announcement confirmed a lot of what we already knew, £3 billion funding for energy efficiency improvements and a drive on green job creation. Although we support the sentiment and maintain that this…
News
MPs call for strategic approach to boost offshore wind industry and CfD strike price for floating wind
by New Power •
The Environmental Audit Committee has asked the Department for Business, Energy and Industrial Strategy (BEIS) with steps BEIS should take to help the UK capitalise on its lead in offshore wind. The committee says offshore wind is a “brilliant British success…
News
Gresham House acquires Bloxwich battery; vendor Arenko moves to software focus
by New Power •
Gresham House Energy Storage Fund has completed the acquisition of a 41MW operational battery in Walsall from a group of investors led by Arenko Cleantech. The acquisition brings the total capacity of operational utility scale battery storage projects in the…
News
East Anglia One passes CfD milestone
by New Power •
The third and final phase of the East Anglia One offshore wind farm has started to receive payments under the Contract for Difference (CfD) framework, the Low Carbon Contracts Company (LCCC) has announced.East Anglia One (Phase 3) achieved its Start Date…
Perspective
OPINION: We must ensure the UK’s research and development lead is not a Covid-19 casualty
by New Power •
Paul Needley, managing director, Enertek International, makes the case for fast action to support companies in maintaining their R&D departments The government’s commitment to achieve Net Zero CO2 by 2050 is likely to become more prominent post the Coronavirus lockdown. If the…
News
Yorkshire Water to begin tendering 150 sites to house PV installations
by New Power •
Bidders have until 22 July to submit their requests to participate in a framework covering the development of bespoke solar photovoltaic arrays across 150 Yorkshire Water sites. Yorkshire Water has invited companies to tender for a new eight-year solar framework…