Macquarie’s Green Investment Group is set to take a 40% stake Scottish Power’s East Anglia ONE offshore wind farm. GIG has secured debt financing from the market to assist in funding its investment. GIG said the acquisition means it and…
Author Archive for New Power
Electralink chief promises new innovation space – but warns ‘some people will go bust’
by New Power • • Comments Off
Innovators will be able to test out new types of energy services without having to make costly upfront changes to electricity industry rules in a new initiative by industry body Electralink. ‘Flow Builder’ will upend the usual change process, chief…
SSE confirms talks over sale of 5.7 million domestic customer accounts to Ovo
by New Power • • Comments Off
SSE has confirmed it is in discussions with Ovo Group over the possible sale of the SSE Energy Services business, which supplies energy and related services to around 5.7 million household customers across Great Britain. In a statement the company…
Simultaneous plant failures caused widespread power interruptions
by New Power • • 1 Comment
A large scale frequency drop after the near-simultaneous loss of two generating plant was the cause of last night’s power outages, as National Grid ESO cut demand in some areas to protect the system. Acccording to Energyst, New Power’s sister publication, RWE’s…
Cardiff supplier ceases trading
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Cardiff Energy Supply has ceased trading and SSE Energy Services has been chosen by Ofgem to take over its customers, which number fewer than 1000. Cardiff Energy Supply provided gas to 815 households and SSE said it would honour their credit balances.…
Anesco cuts network charge with winter capacity reduction deal
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Anesco has agreed to give up half the demand capacity at its Larport battery storage facility in Herefordshire on winter evenings, in exchange for a reduction in the charge levied by WPD, the local distribution network operator (DNO). The battery…
OPINION: Gender balance in energy research – it’s time we had a power shift
by New Power • • Comments Off
Jess Britton, Basia Cieszewska and Julie Smith argue that energy academia and the energy industry can and must share their experience on improving diversity. The result will be more innovation As the UK parliament declares a climate emergency and legislates…
Economy-wide group calls for new approach to expand onshore wind
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Onshore wind developers, trade bodies, investors and supply chain companies have called on new energy minister Kwasi Kwarteng to establish a new approach to onshore wind. The call, in an open letter, has been backed by trade union Prospect, the National Farmers’ Union, the RSPB, the CBI, the Federation…
Missing Warm Home Discount option ‘could see energy switchers overpay’
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Vulnerable energy customers could be £101 worse off by choosing ‘best buy’ energy deals from comparison sites, according to new research from energy auto-switching company Migrate. The company analysed the top 20 deals currently available and found that only three…
NGESO and Reactive Technologies to roll out real-time inertia measurement across the grid
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National Grid ESO is to measure grid inertia across GB for the first time, using Reactive Technologies’ GridMetrix inertia measurement and analytics service, saying it was the first system operator in the world to adopt inertia measurement. It follows a successful innovation project.…