The government is seeking immediate State Aid approval from the European Commission to run a T-1 Capacity Market auction in the coming months to cover winter 2019/20. The auction was due to start on 29 January 2019, but a European Court…
Author Archive for New Power
Npower survey finds most energy managers know little about DSR
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More than two thirds (69%) of energy managers are not aware of energy management strategies like demand side response (DSR), according to new research commissioned by npower Business Solutions. Npower said curbing energy use and reducing energy consumption to outside peak hours…
Capacity Market ruling: the industry responds
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The European Court has annulled a 2014 European Commission decision that the UK’s Capacity Market passes State Aid tests. See story here. The industry responds: Erik Nygard, chief executive & co-founder, Limejump: “In these circumstances, the abruptness of such a decision…
Grab some easy wins on heat
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A huge amount of heat is wasted in the UK and it’s great to see that BEIS has made £18 million in grants available to reduce waste from at least one source – industrial waste heat. BEIS has offered to…
European court annuls State Aid clearance for GB Capacity Market
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The European Court has annulled a 2014 European Commission decision that the UK’s Capacity Market passes State Aid tests. The ruling follows a legal challenge submitted by demand response specialists Tempus Energy, which claimed the Capacity Market allows fossil fuels to…
Spark Energy in merger talks after missing £14.4M RO payment
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Energy supplier Spark Energy is in talks over a merger after it missed a Renewables Obligation payment of £14.4 million, due by 31 October. Chief executive Chris Gauld, who led a management buyout of the company in 2016, told the…
Lords seek reassurance from minister over post-Brexit energy and carbon prices
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Members of an influential parliamentary committee have raised fears over government’s planning for the energy industry after Brexit, raising fears that it could raise prices, damage carbon markets and damage the Single Electricity Market between Northern Ireland and the Republic…
New AD plant for Iona Capital
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Iona Capital has financed the construction and operations of a new 8.8MWt anaerobic digestion plant in Dumfries and Galloway, Scotland. The plant has pre-qualified under the Non-Domestic Renewable Heat Incentive (RHI). The principal feedstock will be waste slurries generated from local…
Storage fundraising below target
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Gresham House has raised £100 million to drive its energy storage fund onto the London Stock Exchange, reports Solar Power Portal - half its £200 million target. Gore Street Capital raising £30.6 million in May against its target of £100 million. The…
Solar-powered surveillance company completes successful crowdfunding
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UK technology company Sunstone, has raised £592,000 from over 450 investors via crowdfunding platform, Crowdcube. Its target was £500,000. Sunstone has developed solar powered products that provide surveillance, wireless networks and satellite communications to sites around the world. Paul Schelhaas, co-founder and…