Ovo has taken a minority stake in Renewable Exchange, an online digital marketplace and insight platform for power purchase agreements (PPAs). Founded in 2016, Bristol-based Renewable Exchange connects sellers and buyers, serving 717 independent generators in the UK representing 1GW of…
Author Archive for New Power
£1.9 million competition opens to develop energy industry’s new data sharing architecture
by New Power • • Comments Off
Innovate UK has invited small innovative data companies to help solve the energy industry’s fundamental problem of exchanging digital energy information between each other and externally. The competition responds to a challenge set by the Energy Data Task Force to…
A penny here and a penny there
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Listening to a recording of a recent briefing on the Capacity Market and the coming winter after the event was an is an interesting experience. It was the kind of informal chat all we energy geeks engage in, but it…
Industry welcomes move to shift storage to local planning regime
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Industry has welcomed proposals to ‘carve out’ storage from the Nationally Signiificant Infrastructure planning regime and allow projects (except pumped storage) to be consented by local authorities. The carve-out applies offshore as well as onshore, and gives planning responsibility to…
Beware a fixed approach to flexibility
by New Power • • 1 Comment
Elizabeth Shove, Professor of Sociology at the University of Lancaster warns that a technology-led approach to flexibility could be at odds with the opportunities from changing demand In the energy sector the topic of flexibility is well and truly established. It…
NGESO opens tender for non-BM reactive power
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National Grid ESO has invited ‘embedded’ providers (on the distribution network) to bid to provide reactive power services alongside transmission-connected providers. Tender submissions for the one-year contract must be sent by 8 November. This is the first time that the…
Ofgem abandons plans to use competition model for new HPC connection
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Ofgem’s plans to use competition to drive down the cost of expanding the electricity network have taken a further knock, as the regulator abandoned plans to use a ‘competition proxy’ for a new power line, Hinkley Seabrook, to be built…
Good Energy to offer EV charge points to business customers
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Renewable power supplier Good Energy has launched a new electric vehicle (EV) charging offering for UK businesses, known as One Point. Good Energy says destination and workplace charging will be important for large numbers of drivers and this is an opportunity…
Trial could see battery vans replace 2,500 emergency diesel generators in Northern Powergrid area
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Northern Powergrid is developing electric vans with on-board energy storage systems which aim to replace diesel generators during power cuts and planned works. Silent Power is a two-year innovation trial that will restore supplies to customers – particularly the most…
Shell Energy acquires Green Star supply business
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Canada-based Just Energy Group has sold its UK operation, Hudson Energy Supply UK, to Shell Energy Retail. Hudson UK supplies around 200,000 UK residential customers with gas and 100% renewable electricity through its residential trading arm, Green Star Energy. It also…