Drax has signed a tolling agreement with West Burton C Limited, a company owned by battery operator Fidra Energy, for 250MW/500MWh of new battery capacity. Fidra will have responsibility for construction, maintenance and availability of the asset during the contract…
Author Archive for New Power
Scottish Power to launch IDNO
by New Power • • 0 Comments
Ofgem has given Scottish Power permission to launch an independent distribution network operator (IDNO). The electricity distribution licence was awarded to Sphere Energy Connect, which will compete with existing IDNOs to design and build ‘last mile’ connections between new domestic…
Ofgem takes on heat network regulation
by New Power • • 0 Comments
Ofgem has begun regulating heat networks, which provide heating, cooling and hot water to multiple properties in a building or to multiple buildings from a single source. Previously, as a mostly unregulated market, heat network consumers were not offered many…
RheEnergise celebrates successful hydro-style demonstration project in Plymouth
by New Power • • 0 Comments
Long-duration energy storage developer RheEnergise has announced that its first high-density hydro energy project is now producing full power. It said the project on the outskirts of Plymouth, Devon, is operating “at the predicted output and on a consistent basis”.…
Offshore Wind Growth Partnership offers innovation funding for near-market technologies
by New Power • • 0 Comments
The Offshore Wind Growth Partnership (OWGP) has launched a £1 million Innovation Funding competition to accelerate innovation in two critical areas of the UK offshore wind supply chain: • Industrial foundations and substructures • Substations and electrical design The programme…
Ofgem consults on ‘technical sandbox’ for AI
by New Power • • 0 Comments
Ofgem has opened a consultation on a 12-month pilot for a ‘technical sandbox’ for AI applications in the energy sector. Ofgem said the AI technical sandbox will be a safe regulatory environment with oversight, which will enable energy sector participants…
North Sea countries and their transmission operators sign pact for wind development, ‘Griffin’ to join UK and Germany
by New Power • • 0 Comments
National Grid Ventures has announced plans to partner with TenneT Germany to develop GriffinLink, a new multi-purpose interconnector that would connect British and German offshore wind to both countries. The companies said the integrated approach means: • Better utilisation of…
OVO to make recompense for slow Warm Home Discount payments
by New Power • • 0 Comments
OVO is to pay over £2.7 million in redress to customers after failing to provide Warm Home Discount (WHD) rebates to 11,646 customers by the statutory deadline of 31 March 2024. The affected customers did not receive their rebate until…
Warm Homes Plan: the industry responds
by New Power • • 1 Comment
Niamh O Regan, Senior Researcher, Social Market Foundation: “Britain has some of the coldest homes in Europe, alongside high energy costs. The best way to reduce energy bills in the long term is through reducing energy consumption. The arrival of…
Drax to acquire Flexitricity
by New Power • • 0 Comments
Drax has signed an agreement to acquire Flexitricity from Quinbrook. The transaction values Flexitricity at £36 million. Completion is expected in Q1 2026. Founded in 2004, Flexitricity provides optimisation and route-to-market services to owners of flexible energy assets, via its…