Breeze Energy, a gas and electricity supplier with just under 18,000 domestic customers is ceasing to trade. Customers will be transferred under the regulator’s ‘Supplier of last resort’ process to another supplier yet to be appointed. Philippa Pickford, Ofgem’s director…
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Market tweaks could release 1GW fast response batteries within a year, says Habitat Energy’s Ben Irons
by Annabel Andrews • • Comments Off
There is “at least 500MW and possibly as much as 1,000MW” fast response batteries that could be deployed within a year if National Grid ESO (NGESO) tweaked the rules for balancing the network, according to Habitat Energy’s co-founder Ben Irons. There is…
iSupply pays £1.5M redress after overcharging customers
by New Power • • Comments Off
iSupply Energy is to pay £1.5 million after the supplier overcharged around 4,400 of its customers on default tariffs. Welcoming the payment, Gillian Guy, chief executive of Citizens Advice, said: “We’re pleased to see that iSupply has not only refunded the…
NextEnergy starts up second subsidy-free solar farm, plans to take year’s rollout to 150MWp
by New Power • • Comments Off
NextEnergy Solar Fund has announced completion of a 50MWp subsidy-free solar farm at Staughton. Located on a former airfield on the Bedfordshire/Cambridgeshire border, NESF says Staughton is its second subsidy-free solar plant energised during the current financial year, following the…
VPI/Low Carbon JV sells storage projects
by New Power • • Comments Off
VLC Energy has sold two operational battery storage facilities totalling 50MW to Gresham House Energy Storage Fund for £29.2 million. VLC Energy is a joint venture between Low Carbon and VPI Immingham (a subsidiary of Vitol Group). The facilities comprise a 40MW facility at…
Ovo Energy’s SSE acquisition gets CMA green light
by New Power • • Comments Off
The Competition and Markets Authority has cleared Ovo Energy’s £500 million acquisition of SSE SSE Energy Services. The acquisition, which includes energy and home services customers, will make Ovo the UK’s second largest energy supplier. CMA was required to consider whether it ”may…
Japanese buy-in to boost Igloo Energy
by New Power • • Comments Off
Osaka Gas has taken a minority stake in new energy supplier Igloo Energy, with a strategic investment of up to £20 million in the company. Igloo said the investment will accelerate growth. It will also fast-track the development of Igloo’s home services…
Vitol appoints director for CHP project in step towards Humber Zero
by New Power • • Comments Off
Vitol has taken a step forward in developing plans for its 1.2GW combined heat and power plant (CHP), part of the Humber Zero decarbonisation project in North Lincolnshire. It has appointed Jonathan Briggs as project director. Briggs joins Vitol from OGCI Climate Investments,…
Post-Brexit regulation gaps risk putting UK electrical manufacturing at risk, says BEAMA chief
by Annabel Andrews • • Comments Off
Post-Brexit regulation gaps could allow low-quality goods to overwhelm those produced to existing standards, according to Howard Porter, the chief executive of British Electrical and Allied Manufacturers’ Association (BEAMA). Brexit plans assumed that all regulations would initially be brought into UK…
Drax sets out ambition to be ‘carbon negative’ by 2030
by New Power • • 3 Comments
Drax chief executive Will Gardner has announced an ambition for the power site – once the UK’s largest coal-fired generating site – to be carbon negative by 2030. After closing its remaining two coal generating units at Drax Power Station –…