Franck Latrémolière says years of experience in commercial matters related to electricity networks have given him an insight into what doesn’t work. That includes some of the conclusions of the Helm review The Helm review contains some radical ideas…
Author Archive for New Power
Mynydd y Gwynt refusal upheld
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The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…
Do we need more gas storage?
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The last week has shown up the weaknesses of our gas supply. Or the strengths, depending on how you look at it. Gas prices spiked. But that’s the way the market works: at a time of shortage, prices rise and…
Northern Powergrid announces plan to cut network losses
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Northern Powergrid has announced a new plan to forecast and reduce losses on its power network. Distribution network operators (DNOs) are required to reduce losses and until the current price review period they had financial incentives to do so. However,…
Malaysian power company acquires UK FIT wind portfolio
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Malaysia’s power company, Tenaga Nasional Berhad (TNB) has acquired 80% of two UK renewable energy companies – GVO Wind and Bluemerang Capital – for £171 million. This acquisition, via wholly owned subsidiary, Tenaga Wind Ventures UK, is TNB’s first foray into onshore…
National Grid seeks demand response to maintain gas supply levels
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The gas system operator has issued a Gas Deficit Warning, asking for bids to reduce gas demand as it is predicting a shortfall at the end of the day. The warning was issued at 5.30AM in response to a series of…
CMA opens investigation into Npower/SSE Retail merger
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The Competition and Markets Authority (CMA) has opened an investigation into the merger between SSE Retail and Npower and whether it damages competition in the energy supply market. It is inviting written representations to be made by 14 March. The…
Origami Energy, Greenbyte win software contracts
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SmartestEnergy has chosen Origami Energy’s technology platform to manage its customers’ distributed energy assets and consumption. Smartest said the collaboration will allow it to offer real-time, flexible energy management services to help its customers unlock the rapidly increasing value of…
Financial close for Spalding Energy Expansion
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Intergen has announced financial close and funding for Spalding Energy Expansion, a 300MW gas-fired plant in Spalding, Lincolnshire, which was awarded a 15-year capacity agreement in the December 2016 Capacity Market auction. The project has signed a contract with Siemens for an…
CMA rejects generators’ appeal over transmission charges
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The Competition and Markets Authority (CMA) has rejected an appeal from generators after Ofgem decided not to allow the generators to recover an extra £120 million in transmission charges from customers. The generators had claimed that their network charges in…