Renewables will be able to participate in the forthcoming Capacity Market (CM) auction for the first time, BEIS has confirmed, subject to derating factors and provided they do not receive other subsidy. BEIS said the addition was “always anticipated” and…
Author Archive for New Power
Ofgem hands out £870,000 in fines for anti-competitive behaviour
by New Power • • 0 Comments
Ofgem has fined two energy suppliers and consultant for anti-competitive behaviour. The regulator found that between January and September 2016 Economy Energy and E (Gas and Electricity) had an anti-competitive agreement preventing the two suppliers actively targeting one another’s customers…
Citizens Advice: regulator mistakes on risk levels have left customers out of pocket
by New Power • • 0 Comments
Citizens Advice says regulators’ poor assessment of the risk of operating utility networks, and the resulting overestimate of the cost of finance, have meant water, energy, broadband and telephone networks were free to step up customer charges. The watchdog says misjudgements…
Join an EfW project in north London
by New Power • • 0 Comments
North London Waste Authority (NLWA) will be holding a market information day on 18 June for work on the North London Heat and Power Project (NLHPP) at Edmonton EcoPark – a 16 hectare site in the Upper Lee Valley. NLWA is…
Ofgem asks: how can you assess whether domestic competition is working well?
by New Power • • 0 Comments
Ofgem has begun consultation on a framework for assessing whether conditions are in place for effective competition in the domestic energy retail market. Ofgem and the Competition and Markets Authority (CMA), have consistently sought to increase competition in the energy industry,…
Baywire adds Forsa Energy’s Scottish wind pipeline to its portfolio
by New Power • • 0 Comments
BayWa r.e. has acquired Forsa Energy’s UK renewable energy business. It will give BayWa r.e. access to a 350MW pipeline of Scottish onshore wind farms – adding to 823MW of solar and 1,047MW of wind power it has under management in…
Ofgem calls for data to head off €500M settlement change required by EU
by New Power • • 0 Comments
Ofgem is seeking fast feedback from power industry participants on how much it would cost to change their systems to accommodate an imbalance settlement period of 15 minutes, instead of the 30 minutes currently used, in order to head off market…
National Grid, Drax and Equinor join forces on CCUS/hydrogen initiative
by New Power • • 0 Comments
Drax Group, Equinor (previously known as Statoil) and National Grid Ventures are to work together to explore how a large-scale carbon capture usage and storage (CCUS) network and a hydrogen production facility could be constructed in the Humber in the…
UKPN active network aims to 500MW of local generation to connect
by New Power • • 0 Comments
UK Power Networks is to invest £15 million in active management network of its power networks in London and the southeast –including a new intelligent software platform from Smarter Grid Solutions – that will enable it to connect over 500MW of distributed…
Has National Grid put another nail in gas’s coffin?
by New Power • • 0 Comments
Who would be a gas generator? Despite the ejection of coal plants from the generation stack (and good riddance, I say), gas has got less and less of the wholesale energy supply market. It has been squeezed out between our…