Author Archive for New Power

NOVEMBER ISSUE OUT NOW

In this issue:

INTERVIEW
Peter Haigh talks about setting up a council-backed energy company at Bristol Energy

EXCLUSIVE RESEARCH
Price spikes, not blackouts, are the fear for this winter

FEATURES
FIT reductions are not the only issue faced by PV developers
How long-term investors are moving in to the onshore wind industry

PLUS:
Scotland’s MSPs consider security of supply
Addressing industry Code development
What is a zero-subsidy CfD?

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Price spikes, not blackouts, are the biggest risk this winter

We are not at high risk from blackouts this winter. That is the strong response from New Power’s panel of energy industry experts in a survey carried out in October. Experts said that the market would respond, to provide power when needed. But they said part of the reason was that prices would “spike” – shooting up for periods that could be as short as half a hour – and that could have dramatic effects on industry players, possibly driving them into financial distress.