Co-Op Energy has launched a Community Power tariff that sources power from community-owned energy projects. The product is available on a one or two year fixed price contract and it is priced £5 higher than the company’s other fixed-price deals. It…
Author Archive for New Power
BEIS makes CM supplier payments voluntary but warns of immediate bill on market reinstatement
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Energy suppliers will not be subject to mandatory payments to meet Capacity Market levies while the fate of the market is being determined, BEIS has decided. But suppliers will be invoiced and have to pay in full within a few…
BEIS committee opens inquiry on energy sector investment
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Does the government need a new approach to bring forward investment to deliver a low carbon, low cost energy system and secure energy supplies for the long term? The Business, Energy and Industrial Strategy Committee has launched an inquiry to examine the…
Warrington Borough Council announces major investment in PV to power local services
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Warrington Borough Council has announced plans to acquire two new large solar farms that will supply the power used by the council for decades and gain income from providing grid services. The assets are a 34.7MWp hybrid solar farm plus 27MW…
Ovo announces partnership to use domestic storage heaters for grid flexibility
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Ovo has announced plans to unlock the flexibility of the UK’s million homes with electric storage heaters, in a partnership between its intelligent grid technology company Kaluza and Glen Dimplex Heating and Ventilation, which has a 90% share of the UK electric storage heating…
EC investigation closes on RWE/E.On deal, as CMA investigation opens
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The European Commission has approved RWE’s acquisition of E.On’s renewable and nuclear electricity generation assets. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. But in the UK the Competition and Markets Authority…
Shell acquires Limejump
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Shell is to acquire flexibility provider Limejump. The companies said the deal will allow “both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future”. Erik Nygard, chief executive of Limejump, said…
Community energy groups seek to secure a place in the evolving energy system
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Community energy groups are struggling to develop viable projects, groups involved in the sector have warned. In 2014, the government’s community energy strategy imagined that one million homes would be powered by community energy schemes by 2020, but only 67,000…
ScottishPower sets out £2 billion in investment in 2019
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ScottishPower has set out plans for £2 billion of investment in the UK in 2019. Plans include a 50MW battery storage project at Whitelee, the UK’s largest onshore windfarm, said to be the first of a series of storage schemes. ScottishPower also plans to develop…
Community to be offered stake in Ayrshire wind farm
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Assel Valley Community Renewables Society is planning a share offer with the aim of raising £1,000,000 to enable people to own a stake in the Assel Valley wind farm near Girvan, in Ayrshire. Assel Valley is working with social enterprise Energy4All to increase…