Heat network customers should have their bills capped to ensure they are charged no more than customers using natural gas, energy regulator Ofgem told the Competition and Markets Authority, which is conducting a market study into district heat networks. In…
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BEIS awards CCS grant
by New Power • • Comments Off
A consortium led by Carbon Clean Solutions (CCSL) has been awarded £900,000 grant by the UK Department for Business, Energy & Industrial Strategy (BEIS) for development of carbon capture and storage (CCS) technology. The grant will enable CCSL to build a…
SSEN consults on staged connection process for developers stuck in Orkney’s ‘catch 22′
by New Power • • Comments Off
Orkney renewable energy developers stuck in a ‘catch 22′ because of delays in upgrading the network have a month to let Scottish and Southern Energy Networks (SSEN) know whether a proposed ‘alternative approach’ to upgrades will work. SSEN said Orkney…
BEIS committee: no appeals, no wailing – pass price cap bill by the summer, to benefit 12 million customers
by New Power • • Comments Off
“Millions of customers are ripped off for staying loyal to their energy provider. An energy price cap is now necessary and the government must act urgently to ensure it is in place to protect customers next winter,” said Rachel Reeves…
Vehicle-to-grid projects share £30 million funding
by New Power • • Comments Off
The government has announced funding of £30 million to be shared by 21 projects investigating ‘vehicle to grid’ applications for electricity storage. The Department for Transport said the schemes will demonstrate how energy stored in electric vehicle batteries could be borrowed…
T-4 Capacity Market auction clears at £8.40
by New Power • • Comments Off
The T-4 Capacity Market auction for 2021/22 has cleared at £8.40, the lowest figure yet. Some 74GW entered the bidding to provide 50.5GW in the delivery year. In total 439 capacity market units will be awarded Capacity Agreements, from 129 companies. The auction…
System Operator wants academic and industrial partners for innovation projects with up to £1 million in funding
by New Power • • Comments Off
National Grid has invited industry and academia to develop projects that address its innovation priorities across the GB gas and electricity systems and promised funding of up to £1 million for the most important projects. An application window is open between…
AD consolidation as Biogen acquires Tamar Energy
by New Power • • Comments Off
Biogen has acquired Tamar Energy, one of the largest anaerobic digestion (AD) owners and operators in the UK, for an undisclosed sum. A number of Tamar Energy’s existing shareholders have rolled-over their investment into the combined group. The combined group…
Octopus Energy wins Electron’s energy industry blockchain ‘kWhackathon’
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An energy industry blockchain ‘hackathon’, hosted by technology company Electron, was won by Octopus Energy. Their concept used the blockchain asset register and smart contracts to tackle some of the issues faced by customers with pre-payment meters. The one-day event on 6…
Murphy buys Carillion’s UK power business
by Annabel Andrews • • Comments Off
J Murphy & Sons has acquired Carillion’s UK power framework business for an undisclosed sum. The agreement means Murphy has taken over Carillion’s contracts on National Grid’s electricity overhead lines, substation and underground cable frameworks. These three frameworks will deliver essential…