BayWa r.e. has sold its 29.7MW Fraisthorpe wind farm, near Bridlington to funds managed by the UK investment fund manager Octopus Investments. This is the fifth successful wind farm sale from the BayWa r.e. portfolio to take place in the…
Author Archive for New Power
CMA calls for opinions on price comparison websites
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The Competition and Markets Authority has set a 24 October deadline for submissions to its market study on data comparison tools, including price comparison websites that cover the energy industry. The CMA expects its market study into the tools to…
Offshore Renewable Energy Catapult invites oil and gas skills base to join R&D effort
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The Offshore Renewable Energy (ORE) Catapult has launched a series of innovation challenges, to harness Britain’s world-leading experience in oil and gas for the growing offshore renewables market, which is set to spend £210 billion in the coming decade. The…
WPD wants electric and hybrid vehicle users for UK’s biggest trials
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‘Electric nation’ is looking for 500-700 people buying or leasing new electric vehicles (including pure electric and plug-in hybrids) to take part in the UK’s largest electric vehicle trial. The trial aims to to ensure the UK can charge electric…
Third domestic auto-switch service enters UK energy market
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A new energy switching service that automatically switches users to the cheapest available tariff, while constantly checking that they are on the best deal, has launched in the UK. The Intelligent Assistant compares households’ usage patterns with both established and…
Ofgem’s E-serve gets ready to compete for business after 2018 spin-off
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The spin off of Ofgem’s ‘E-serve’ arm is likely to happen in 2018, “notionally in April”, Luke Hargreaves, head of renewables at the regulator’s administration body, told an Energy Institute meeting. He said he expected more information about the split…
Despite Brexit, energy market participants must continue to be vigilant over Remit compliance
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The UK has voted to leave the EU but until – and probably after – Brexit is accomplished it will not be able to avoid Europe’s ‘Remit’ regulations intended to keep energy trading transparent and fair. Energy market participants must continue to be vigilant over compliance
Labour’s Barry Gardiner: renewable energy industry must be unionised
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The renewables industry has to unionise and offer better conditions to its workforce, Labour energy and international trade shadow secretary Barry Gardiner said today. Speaking at a fringe event at the Labour Party conference, Gardiner said: “There is a problem…
UK Power Reserve bringing 60MW into operation
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UK Power Reserve (UKPR) has made significant progress at three new power stations totaling nearly 60MW of capacity. The gas-fired generators at Bristol Road, Tonypandy and Carrington are part of UKPR’s 524MW development portfolio. The projects reuse previous gas work…
Five National Grid sites to go up for auction
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Five small sites owned by National Grid will be sold at auction on 11 October, agent BNP Paribas Real Estate has announced. BNP Paribas became National Grid Property’s Real Estate service provider in April this year in a three year…