Ofgem has published new guidance for companies who want to add storage to renewable energy installations that are supported under the Renewables Obligation (RO) and feed-in tariff (FIT) schemes. Adding storage to such sites was not foreseen when the two…
Author Archive for New Power
Three European companies face fines for breaching Remit rules
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Energi Danmark has been fined for market manipulation on the Nordic wholesale electricity market The fine imposed on Energy Danmark is the result of an investigation started by the Danish Regulatory Authority for Energy and referred to the Danish State…
OPINION: Market integrity benefits energy consumers
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As ACER budgets come under pressure, Alberto Pototschnig, ACER chief executive, discusses the value of Remit Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT) introduced an unprecedented, sector-specific monitoring framework for the EU wholesale energy market and…
Northern Powergrid seeks flexibility tenders
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Northern Powergrid will be seeking expressions of interest for flexibility services for next winter. Initial information was presented at a stakeholder group and it expects to announce dates for the tender shortly. It will be seeking around 14MW of response…
BEIS confirms T-1 auction in summer 2019 but questions remain over payments
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BEIS has confirmed plans to hold a ‘T-1′ Capacity Market auction next summer, for delivery in winter 2019/20, despite the fact that the EC has set aside the Capacity Market and payments have been halted. BEIS said the auction – which…
Cyber security network launches EV charger standard
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ENCS, the European Network of Cyber Security, and E.DSO, the European Distribution System Operators’ Association for Smart Grids, have announced the launch of cyber-security requirements for electric vehicle (EV) charging infrastructure. The standard is the first in a series of security standards…
Zappi charger to offer green EV power
by New Power • • 1 Comment
British start up Myenergi has launched ‘Zappi’, a range of smart electric vehicle chargers intended to allow consumers to use green energy sources for transport. The EV chargers combine self-generated domestic energy with green energy from Octopus Energy. There are larger…
Energy traders will require new EU registration in the event of a no-deal Brexit, says Ofgem
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Market participants who want to arrange energy trades with or to EU member states will have to register with those states’ national regulators in the event of a ‘no deal’ Brexit, Ofgem has confirmed – but they cannot act now…
Drax and Iberdrola, mid acquisition, agree to share £36M Capacity Market payment risk
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Drax and Iberdrola have agreed a risk sharing mechanism over £36 million in Capacity Market (CM) payments for 1 January 2019 to 30 September 2019, which are uncertain after the ECJ set aside the Capacity Market and halted payments. In…
Two more suppliers exiting the market as Ofgem names RO defaulters
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Energy suppliers who have met their Renewables Obligation (RO) will have to make quarterly payments to make up a multimillion pound shortfall, Ofgem has announced. Some 14 companies still owed £58.6 million in RO payments at the ‘late payments’ deadline of 31 October. Of…