The Competition and Markets Authority has promised ‘over 30′ changes in the energy industry to improve competition in what it described as “the most comprehensive investigation into the energy market since privatisation”. The changes will be accomplished via a combination…
Author Archive for New Power
Referendum: what will be the industry’s first action following the vote for Brexit?
by New Power • • Comments Off
The UK has voted in favour of exiting the European Union. At 6am the result was around 52% in favour of Brexit, 48% against, and that was not expected to vary a great deal as final results come in. What…
UK’s idle gas-fired plants could be sold to Africa
by New Power • • Comments Off
Mothballed UK gas turbines could be exported to Africa, Silvia Stefini, gas product line leader, Europe, for GE’s Power Services business, told New Power. Exporting second hand engines “gives some value to an asset they no longer use,” said Stefini.…
Decc opposes CMA remedies on nuclear CfD transparency, auction visibility
by New Power • • Comments Off
The Department of Energy and Climate Change (Decc) wants the Competition and Markets Authority (CMA) to rethink its proposed remedies in awarding Contracts for Difference for low carbon projects. Decc opposes the CMA remedies for both negotiated and auction-allocated CfDs.…
Brexit would make business more difficult in the UK, says global turbine supplier GE
by New Power • • Comments Off
What does a Brexit look like for an international company working in the UK? Before the vote, New Power asked Silvia Stefini, gas product line leader, Europe, for GE’s Power Services business, if it would make life more difficult for…
Second Norway-GB interconnector awarded licence
by New Power • • Comments Off
Ofgem has awarded NorthConnect an interconnector licence for a 650km link to transmit power between Scotland and Norway. The 1400MW High Volage DC (HVDC) connection already has planning permission for an HVDC convertor station near Peterhead. Applications for the cable…
ETI project to explore future for hydrogen, gas and electricity networks
by New Power • • Comments Off
The Energy Technologies Institute (ETI) has begun a £300,000 project to understand how new ‘energy vectors’ will affect energy systems. The ETI said energy vectors – electricity, gas and hydrogen – are capable of delivering multiple services. This project will…
Stage diving into a smart, distributed, energy system
by New Power • • Comments Off
Feel for the government that has not only to set out a new energy vision but deliver it. The dangers – some actual, some purely political – over the transition from one to the other sees nervous policymakers trying to…
Scottish Government awards £1.5M for offshore wind development
by New Power • • Comments Off
The Scottish Government has made a £1.5 million grant to the Carbon Trust to support its Offshore Wind Accelerator research and design programme. Set up in 2008, the Accelerator drives new technologies in the offshore wind sector. Previous funding rounds…
Select committee: low carbon needs independent national system operator and local balancing
by New Power • • Comments Off
The GB network should have an independent system operator to ensure that conflicts of interest do not arise, according to a new report from the Commons Select Committee on Energy and Climate Change. The MPs said the change should be…