The Nuclear Decommissioning Authority (NDA) is to pay out £12.5 million to settle a dispute over how it awarded a £6.1 billion contract to decommission 12 closed nuclear power stations and separately terminate the contract awarded nearly a decade early.…
Author Archive for New Power
OPINION: a holistic approach is crucial to establishing the credibility of DSR
by New Power • • Comments Off
Robert Owens, VP asset optimisation at SmartestEnergy, argues that DSR providers must maintain standards to maintain confidence in this important new market With this week’s Transitional Arrangements auction clearing higher than expected at £45/kW, there is now a chance…
Gwynt y Mor Ofto told: no paperwork, no ‘exceptional event’
by New Power • • Comments Off
Gwynt y Mor OFTO, the company that owns and operates the link connecting the offshore wind farm to the GB network, has failed to convince regulator Ofgem that it should get revenue payments for a period while the link was…
Should energy prices be regulated? More comment
by New Power • • Comments Off
The debate over whether domestic energy should be subject to price controls has expanded. Former regulator Professor Stephen Littlechild joined other ex-regulators in a letter to the Telegraph that said, “Retail energy price controls would have an adverse effect on…
Neart na Gaoithe retains CfD after arbitration ruling
by New Power • • Comments Off
A Contract for Difference for the 450MW Neart na Gaoithe (NnG) ofshore wind farm remains in place, owner Mainstream Renewable Power has said. The CfD counterparty, the Low carbon Contracts Company (LCCC) and NnG had submitted a dispute relating to…
When a price increase is (sort of) good news
by New Power • • Comments Off
For the last few years the government and consumer organisations to switch their energy supplier and, generally, to jump on a fixed price deal. It’s good advice and a surge of customers followed it. In most cases they saved a…
Vattenfall signs 1000-battery deal with BMW
by New Power • • 1 Comment
Vattenfall and the BMW Group have signed a contract for the delivery of up to 1,000 lithium-ion batteries this year, each of which can store 33kWh. The largest installation – pending on a final investment decision – will be at…
Ofto bidding opens for Galloper and Walney Extension
by New Power • • Comments Off
Bidding has opened to own and operate the links connecting two offshore wind farms to the onshore network. The links to be tendered are for Galloper off the east coast of England and Walney Extension in the Irish Sea. Ofgem,…
Blackout Britain? ECIU says customers are paying millions to fix a problem that does not exist
by New Power • • Comments Off
The electricity supply market is working more efficiently, with demand-side balancing proving cheap and effective, and unjustified fears over supply/demand margins have led to customers’ money being spent unnecessarily. That was the conclusion of a report published today by the…
OPINION: Local authorities should join the battery gold rush
by New Power • • Comments Off
Mark Bramah of Municipia and Marc Wynn of Asset Utilities argue that local authorities should take the lead in developing electricity storage to develop a new income stream Councils undertake energy projects for different reasons: as a means of…