Ofgem has appointed Utilita Energy to take on Our Power’s 31,000 domestic customers under its ‘supplier of last resort’ process after the Scottish energy company ceased trading. Ofgem said Utilita was chosen after a competitive process. The regulator said that in…
Author Archive for New Power
Haven Power and GridBeyond announce partnership
by New Power • • 0 Comments
Supplier Haven Power and demand side flexibility provider GridBeyond have announced a new partnership aimed at helping business customers trade the power they produce and participate in demand side response. Haven Power supplies renewable energy as standard to its customer base. GridBeyond’s platform powered…
Tougher regulatory settlement may signal downgrade for SGN
by New Power • • 0 Comments
Ratings agency Moody’s has warned it may downgrade Scotia Gas Networks’ (SGN’s) gas networks in the south of England and Scotland, after Ofgem said it would take a less generous approach in the five years from 2021. Southern Gas Networks plc…
National Grid awards £300M of contracts for Hinkley Point C connection
by New Power • • 0 Comments
Three contracts together worth £300 million have been awarded by National Grid to supply major works for the Hinkley Seabank connection, a new transmission line needed to export power from Hinkley Point C. The new 400kV connection will comprise 48.5km of overhead line and…
Nemo link with Belgium starts day-ahead trading tomorrow
by New Power • • 0 Comments
National Grid’s NEMO link will go into commercial operation on 31 January, and day-ahead trading on the 1000MW interconnector with Belgium will begin tomorrow, 30 January. But some products the market requested for the new Interconnector, notably trades for within-day…
IDNO Eclipse announces funding from Octopus Investments
by New Power • • 0 Comments
Octopus Investments has signed a long-term funding deal with Eclipse Power, which will allow the independent DNO to expand. The multi-million-pound investment is Octopus Investment’s first in the network sector. Eclipse Power was founded in June 2015 and was granted a licence in…
NAO: taxpayers will lose or repay £24 billion in tax as oil and gas decommissioning costs mount
by New Power • • 0 Comments
Taxpayers could have to repay around £12.9 billion in taxes and forgo a further £11.1 billion of tax income over the next 20 years, because of the costs of decommissioning oil and gas installations, according to a new report from the National Audit…
Distributed Resources Desk aims to bring small-scale power projects into electricity market
by New Power • • 0 Comments
National Grid’s electricity control room has introduced a new ‘Distributed Resource’ Desk to give instructions much faster to smaller generators, battery storage operators and demand side response providers. Staff on the Distributed Resource Desk focus entirely on optimising the use of…
Open Networks: discuss the future on 1 February and respond to the consultation
by New Power • • 0 Comments
Energy networks expect a big increase in flexibility services markets in 2019, as distribution network operators include smart flexibility services as part of their day-to-day operations. The next steps in developing smart networks will be under discussion at a meeting on…
What’s your view of electric vehicles?
by New Power • • 1 Comment
What’s your view on electric vehicles? New Power’s sister publication The Energyst is asking readers for their views. Its wants to understand how public and private sector organisations perceive EVs, whether they are considering implementing charging infrastructure and what their attitudes are towards…