It appears that knowing about smart meters, and thinking about having one installed, is very effective at getting people to take action to monitor their usage and take action. In fact, according to new research published by Smart Energy GB,…
Author Archive for New Power
CMA outlaws ‘anticompetitive’ agreement between exchanges denied merger
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The Competition and Markets Authority (CMA) has said it plans to halt closer co-operation between two commodity exchanges, Intercontinental Exchange (ICE) and Trayport. The CMA has already put the brakes on a merger of the two exchanges, saying it would…
Network operators seek freedom to invest in and manage energy storage
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Energy network operators should be allowed to own and operate batteries and other energy storage, the Energy Networks Association (ENA) has said in a response to the government’s consultation on an industrial strategy. Energy networks are currently barred from commercial…
OPINION: Energy networks are making too much profit
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Morgan Wild, senior policy researcher at Citizens Advice, thinks it is time for Ofgem to re-examine its assumptions. Market comparisons justify lower returns and reduced cost allowances in the next RIIO period Energy networks are making bumper profits. Ofgem’s…
New funding announced for low carbon and autonomous vehicles
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Seven low carbon vehicle projects are set to share £62 million in funding from the Advanced Propulsion Centre (APC), the joint industry-government programme to put the UK at the forefront of low carbon vehicle technology. The projects are led by…
Limejump joins Anesco in push to become UK’s largest battery storage operator
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Anesco and Limejump have announced plans to create the largest portfolio of battery storage in the UK. The two companies plan to bring 185MW of energy storage online by the end of 2018 to participate in the capacity market, as…
Tokyo Electric Power takes £500,000 stake in Moixa
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Japanese utility Tokyo Electric Power has announced a £500,000 equity investment in Moixa Energy Holdings, the UK residential battery company. “We are excited to welcome Moixa to our modest, but growing portfolio of innovative startups,” said Hirokazu Yamaguchi, executive general…
OPINION: The energy industry needs a ‘grand bargain’ on flexibility
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The future of European energy depends on flexibility. This calls for a regulatory rethink based on a grand bargain between all players, says Simon Hobday, partner at Osborne Clarke If the future’s bright, the future’s flexible. The two go…
Engie exits Moorside nuclear project
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Engie has announced it is withdrawing from NuGen, the company that plans to build three Westinghouse AP1000 reactors at Moorside in West Cumbria. It said NuGen is “facing some significant challenges” and as a result Engie would exercise its rights…
Step forward for new nuclear at Wylfa
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Horizon Nuclear Power has applied to the Office for Nuclear Regulation (ONR) for a nuclear site licence for its planned Wylfa Newydd power station. The site licence is a key stage in Horizon’s plan to build and operate two ABWR…