Ofgem has overestimated the amount of risk investors bear when they take a stake in energy networks, Citizens Advice has argued in a new report. It says that Ofgem could save customers over £4 billion over the next price control…
Author Archive for New Power
REA: local authorities can help EV rollout
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The Renewable Energy Association has today launched “Taking Charge: how local authorities can champion electric vehicles,” a guide for Local Authority (LA) officers, councillors, developers, and individuals designed to educate about the taxes and grants available to Local Authorities, and highlight ‘best…
Ashden Awards for innovative energy schemes
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Two local energy trading innovations have won Ashden awards for sustainable energy pioneers. Energy Local Club allows households to benefit directly from electricity produced by local renewable generators. The first ELC started in 2016 in Bethesda, Gwynedd with 100 local households and…
SCCS: carbon dioxide storage remains stable over 10,000 year timeframe
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New research has increased confidence in the potential for capturing and storing carbon dioxide, according to SCCS. It says a study published in Nature Communications shows that captured carbon dioxide can be stored safely for thousands of years. In the study,…
SO seeks reserve providers to help assess prequalification process
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National Grid wants smaller companies who provide reserve and response services to the network to join a Working Group that considers changes in how the network operates. These types of working group look at proposed modifications to the Grid Code and assess their implications for the system and participants. In this case, the modification…
Ofgem issues ‘statement of objections’: did companies break competition law?
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Ofgem has alleged that three companies - energy suppliers Economy Energy and E (Gas and Electricity) and consultancy Dyball Associates – have broken competition law. In a ‘statement of objections’, the regulator alleges that: Between at least January and September 2016,…
OPINION: low-carbon should be high profile for networks
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Sustainability First director Sharon Darcy argues that the regulatory framework for all energy network companies should include an explicit low-carbon incentive, and concludes that a qualitative approach with a quantitative element may be the best option at this point The…
Sembcorp acquires UK Power Reserve, plans ‘major expansion’
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Sembcorp is to acquire distributed power specialist UK Power Reserve (UKPR) for £216 million. UKPR’s generating and storage fleet is spread across 32 locations in England and Wales. It has 533MW in operation with a further 480MW in construction and…
Drax applies for planning consent to convert remaining coal units to gas
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Drax has submitted an application to National Infrastructure Planning for its Repower gas generation and battery storage project. The company plans to repurpose Drax’s two remaining coal generating units (units 5 and 6) with up to 3.6GW of gas-fired power generation and…
Vattenfall plans EV charging network across GB
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Vattenfall is to begin installing ‘pay-as-you-go’ electric vehicle (EV) charging points in Great Britain that will be open to all EV drivers. From June, the company plans to partner with commercial developers, real-estate companies, industries, fleet owners and public bodies such as…