MPs on the Public Accounts Committee have blasted the government for its “blinkered determination” to agree a deal on a new nuclear plant at Hinkley Point C, ”regardless of changing circumstances”. It said government should have considered the case for different financing structures where risk was shared, although it…
Author Archive for New Power
Ofgem reiterates need for reliable market information as it publishes Remit data
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Ofgem has carried out 11 investigations into behaviour in energy markets, taken forward from 677 ‘alerts’ about potentially concerning behaviour, since 2013. the regulator said. The figures came in an update on outcomes of the EU’s ‘Remit’ reporting system…
Energy from waste: Lords committee considers export fears
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The impact of Brexit on the UK’s trade in waste will be discussed at a round table hosted by the House of Lords EU Energy and Environment Sub-Committee. The UK exports 3 million tonnes of waste annually. The Committee concluded in…
Unions call on MSPs and SSE to help resolve Beatrice subcontractor dispute threatening 1400 jobs
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A rally at the Scottish Parliament today will call for action to find a way out of a payments dispute that has brought Scottish offshore contractor Burntisland Fabrications (Bifab) to the brink of bankruptcy. Bifab, which employs 1,400 staff largely…
Lincoln battery commissioned
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Eelpower has commissioned its 10MW Leverton battery near Lincoln. It is one of the cohort of large batteries that will provide frequency response to National Grid with effect from 1 January. The company secured a Firm Frequency Response contract in…
OPINION: DSOs and storage? Give the market a chance
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Distribution network operators have taken the idea of storage on board with enthusiasm. It’s just the kind of option that appeals to such companies: a physical asset that can become part of a regulated asset base. For distribution network owners…
Switchers cross social classes, figures reveal
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The most deprived households are switching energy supplier more often than some of their better-off neighbours, according to data from ElectraLink. The most switches had been initiated by the least-deprived households, the figures showed, but switching was fairly common behaviour…
Moixa wins Gridshare funding – after learning lessons on recruiting customers
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Moixa has secured £267,750 from the Department for Business, Energy and Industrial Strategy’s Energy Entrepreneurs Fund to expand its Gridshare platform to manage a wider range of third party home, electric vehicle and IoT batteries. Gridshare aggregates the capacity of…
EU settles future of Emissions Trading Scheme
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EU member states have reached a deal on the future if the EU Emissions Trading Scheme. The deal includes plans to double the so-called ‘Market Stability Reserve’, by which allowances are removed from the scheme in etc event of oversupply,…
Proposal floated for 360MW solar farm in Kent
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Wirsol Energy and Hive Energy have begun consulting on a solar farm that could reach 350MW in capacity and would cover an area of 365 Ha in northern Kent, the Guardian reports. The developers have written to local residents with…