UK Power Reserve has begun the tendering process for supplying 200MW of gas reciprocating engines. The company won 200MW of contracts in the most recent Capacity Market auction, taking the company’s total portfolio to over 1GW. The company is now looking for engine suppliers with: • …
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Octopus Energy chief: auto-switching is no way to build industry trust
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New market players aimed at encouraging switching are doing nothing to help build trust between the energy industry and consumers, according to Greg Jackson, founder of supplier Octopus Energy. “The current crop of auto switchers are just arbitraging loss-leading deals…
Capacity auction will seek 46.3GW for 2022/23, 4.6GW for 2019/20
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The Capacity Market auction this year will source 46,300MW of capacity for delivery in 2022/23, energy minister Claire Perry has decided. National Grid’s analysis resulted in a total capacity target for the delivery year of 46,700MW. The minister set aside 400MW. The T-1 auction this…
NextEnergy Solar Fund makes more acquisitions
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Next Energy Solar Fund (NESF), a specialist investment company for UK solar power plants, has acquired ten operating solar plants with a total installed capacity of 66.8MWp. All ten assets were connected to grid between 2012 and 2014 with subsidies,…
Consumer views sought on plans publicly-owned energy company in Scotland
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The public and other stakeholders have been invited by Holyrood’s Economy, Jobs and Fair Work committee to give their views on the feasibility of a not-for-profit, publicly owned energy company. Issues being considered include whether such a company will reduce costs for…
‘Road to zero’ electric vehicle strategy: the industry responds
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The government’s “Road to zero”, says that by 2030 at least half of new cars and 40% of new vans sold in the UK must be ultra low emission — defined as emitting less than 50g of carbon per kilometre…
System stability fears will require changes at 50,000 distributed generation plants
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Up to 50,000 distributed generators, who operate small plant less than 5MW in capacity, will have to make changes to plant operation to stop faults propagating across the electricity system and causing local blackouts. A consultation on how to implement…
Funding sought for fast-charging ‘petrol stations’ for electric vehicles
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Gridserve has announced plans to roll out a UK-wide network of ‘electric forecourts’. It wants to “offer significantly more high-power charging points than are currently available at most UK petrol stations”. It is currently raising capital from investors in its first round of…
Community energy company makes acquisition in Cornwall
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Community-owned energy co-operative Community Power Cornwall has acquired wholly owned subsidiary West Country Renewables for £1.34 million. It said this is the first time a Cornish community energy society has bought an existing company and claimed assets being transferred from private…
Ingenious-backed company offers on-site power to beat rising ‘brownout’ fears
by New Power • • 2 Comments
Argonaut Power and Powerstar have announced plans to provide fully-funded battery storage and on-site renewable generation for commercial and industrial customers. The aim is to enable customers to decrease their bills through the reduction of grid charges, to improve business…