Ofgem has opened its strategic review of the microbusiness market. As New Power reported on 3 April, Ofgem will launch a strategic review of consumer protection for microbusinesses. The launch document is here. The review was welcomed by Gillian Guy, chief executive of…

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Power exchange Epex Spot has headed off an investigation by regulator Ofgem by agreeing to help set up another power exchange for companies trading power across interconnectors between the GB and Irish/Northern Irish markets. Ofgem warned in November that it…

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Now is the right time to set a ‘net-zero’ greenhouse gas emissions target, says the Committee on Climate Change in its new report. It wants to set a 2050 target for the UK overall, with a  target for Scotland to…

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Industry body Elexon has put forward proposals to reduce the number of codes in the nergy sector. Elexon manages the electricity Balancing and Settlement Code (BSC), which is one of 11 codes, or sets of rules, that across the energy…

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The Crown Estate has delayed its planned offer of new leases for offshore wind projects (Round 4) so it can revise its tender process following market feedback. The next leasing round will now be in etc autumn. The sea bed…

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National Grid ESO is seeking industry feedback on its Electricity Ten Year Statement, an annual update on the network’s capability, to see whether it should change to meet evolving industry needs. The statement has been produced annually since 2012 and…

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Ofgem’s planned reform of parts of the charging regime for electricity providers risks undermining renewable energy investments and raising the cost of operating the system, according to a review of the measure’s impact assessment. Consultant Oxera reviewed the impact assessments for…

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Carbon capture and storage (CCS) is a key tool for decarbonisation and the government should consult on new funding models to support it, including a ‘regulated asset base’ model. That was the conclusion of ‘Third time lucky?‘ a new report…

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AES corporation has announced plans to exit the UK. EP UK Investments will acquire AES’s entire  UK business – which is all in Northern Ireland - including all assets, systems and key management and staff. AES will sell its interest in two Northern…

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Planning consent has been granted by North East Lincolnshire Council for an energy-from-waste plant   located on land at the South Humber Bank power station site. The South Humber Bank Energy Centre will be powered by approximately 620,000 tonnes per…

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