Small businesses in the UK are concerned about energy security and believe the UK should be more self-sufficient, according to a new report from the Federation of Small Businesses (FSB). But they are optimistic about the role of renewable energy…
Author Archive for New Power
Challenger supplier Green Energy UK offers ‘time of day’ tariff
by New Power • • 2 Comments
Green Energy UK has launched a variable tariff for residential electricity customers, claiming it will give customers more control over their energy bills. The new tariff is called TIDE. Doug Stewart, Green Energy UK’s chief executive, said: “The introduction of…
Trafford CCGT fails to meet Capacity Market milestone, gives up agreement
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The Trafford power project has failed to meet its Financial Commitment Milestone for receiving a Capacity Market contract, developer Carlton Power has informed the Department of Business, Energy & Industrial Strategy (BEIS) and has given up its agreement. The company…
Drax passes State Aid test for third biomass conversion
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The European Commission has concluded that UK support for the conversion of a unit at the Drax power station, so it uses wood fuel instead of coal, complies with EU State Aid rules. The 645MW capacity unit will be the…
UKERC: We need engagement and action on emissions
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UK Energy Research Centre director, Jim Watson, calls on the government to act immediately An important priority for the Department of Business, Energy and Industrial Strategy (BEIS) is the new Emissions Reduction Plan (ERP). The plan is required under…
Economy Energy contracts National Grid Smart for smart meter rollout
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Economy Energy has contracted National Grid Smart to install smart meters in 50,000 homes in 2017. Economy Energy has around 180,000 customers with gas, electricity and dual-fuel deals and the company said its aim is “to have its entire customer…
SSE links with Dixons Carphone to develop ‘connected homes’ offerings
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SSE and retailer Dixons Carphone have joined forces to develop ‘connected home’ solutions. They will use Dixons Carphone’s after-care service Knowhow, and digital platform honeyBee. The partners say the combination aims to bring connected home benefits to everyone, “not just…
Lightsource offers rooftop PV buyback and fixed price contracts for on-site array hosts
by New Power • • 1 Comment
Lightsource Renewable Energy wants to invest up to £600 million over the next five years in buying solar assets from households and businesses, to diversify its revenue streams. The company said it would offer owners of residential and commercial rooftop…
Ovo pays £58,000 for service failings
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Ofgem has agreed a redress package with Ovo Energy rather than take enforcement action over poor service. The supplier’s agents missed appointments with customers, or turned up late, and then failed to compensate them as required by Ofgem. The failings…
Capacity Market auction: two new gas-fired plants and 1GW of new storage
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The T-4 Capacity Market auction closed yesterday at a clearing price of £22.50. The price was slightly above that of the last two years, but well below the hopes of those who were looking for a level of at least…