Uncertainty over the UK’s participation in the EU Emissions Trading Scheme (ETS) beyond 2019 “is causing issues in the market now”, said Eurelectric. But it warned that plans to ‘void’ UK emissions trading scheme allowances could have unintended consequences. Last…
Author Archive for New Power
First co-located PV/battery installations gain ROC accreditation
by New Power • • Comments Off
Ofgem has given the growing electricity storage industry a boost by agreeing that some solar PV farms can gain Renewables Obligation certificates for all the power they produce, including that being used to charge storage devices. The regulator said decisions…
Industry calls for more energy-from-waste support as Brexit pressure adds to management ‘gap’
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The UK should re-examine its energy from waste strategy in the light of Brexit and the opportunities that advanced conversion technologies (ACT) offer, the industry says. A report from waste management company Suez noted that the percentage of waste being recycled was growing (from single digit in the 1990s to an expected target of…
Hammond: reviewing Hinkley Point C decision ‘would damage UK credibility’
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The Hinkley Point C is not an economically attractive project for its investors, chancellor Philip Hammond suggested. In evidence to the Lords Economic Affairs Committee on Tuesday he said the deal had clearly been agreed, by French and Chinese nuclear…
New Power speculates: Who are the energy consumers of 2030?
by New Power • • 2 Comments
Power and gas customers are switching utility in much greater numbers than ever before. At the same time, they can invest in their own power generation, or energy assets like electric vehicles. The options on energy are evolving very fast:…
Smartest Energy launches managed PPA for renewable generators looking for more return
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SmartestEnergy is launching a trigger-based managed power purchase agreement (PPA), that will allow generators to take advantage of a rising market and protects them when prices fall. With a so-called ManagedPPA, SmartestEnergy traders will monitor the market on behalf of…
Centrica to offer ‘one stop’ energy shop for business customers
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Centrica’s Distributed Energy and Power business has launched a ‘one stop shop’ for non-domestic customers. It aims to offer a single cloud-based portal that will give businesses visibility and control of their energy estate, including proprietary products from Centrica and…
New offshore wind arrays offer power post-2022 at £57.50/MWh
by New Power • • 1 Comment
Three offshore wind farms with a capacity totalling 3.2GW have won agreements in the government’s latest Contracts for Difference auction. The offshore wind prices – the largest wind farms as low as £57.5/MWh – undercut observers’ expectations. Predictions were mainly…
Shiny! Let’s investigate options before we all dash to hardware again
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Interesting notes from the Energyst’s survey on demand side response this week. Fully 85% of organisations polled had heard of Enhanced Frequency Reserve – a rather esoteric (to non energy geeks) offer from National Grid that is provided (at the…
Survey reveals major opportunities for demand side response
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Three quarters of UK firms are open to providing demand-side response (DSR), according to an annual survey of 180 public and private sector organisations by The Energyst. The majority (66%) of those surveyed in Demand Side Response: Shifting the Balance…