The Energy Networks Association’s (ENA) Open Networks Project has launched a consultation to seek views on how to create a smart electricity grid that enables new markets and opportunities for distributed energy technologies, battery storage, solar panels and services such…
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Irish single electricity market “a priority” for Brexit negotiations, says UK government
by Annabel Andrews • • Comments Off
The single electricity market between Northern Ireland and the Republic of Ireland should be a priority for Brexit negotiations, the UK government said in a position paper published today. It added that the single electricity market is “by far the…
Good Energy shareholders urged to reject Ecotricity board bid
by Annabel Andrews • • Comments Off
Good Energy’s board has written to shareholders, urging them to vote against appointing representatives from Ecotricity to the board. Last month, Good Energy announced it had received a requisition for a general meeting from Ferlim Nominees Limited, acting on behalf…
Mayor will seek existing supplier to deliver its Energy for Londoners company
by Annabel Andrews • • Comments Off
The Greater London Authority (GLA) will seek an existing supplier to deliver its Energy For Londoners supply company, although the mayor has not ruled out starting a fully licensed supply company in the future. In its new Draft London Environment…
Forewind consortium divides ownership of 4.8GW Dogger Bank offshore wind projects
by Annabel Andrews • • Comments Off
New ownership arrangements for the four consented Dogger Bank offshore wind projects have been agreed and signed by the three Forewind shareholders. Offshore wind consortium Forewind has agreed and signed new ownership arrangements of the four consented Dogger Bank offshore wind…
BayWa r.e wins Good Energy turbine management contract, seeks more
by New Power • • 1 Comment
BayWa r.e is to operate and maintain six solar farms owned by Good Energy. The solar farms have a combined capacity of 30 MW. They are: Carloggas, Cornwall – 8.30MW Woolbridge, Dorset – 4.99MW Creathorne, Cornwall – 1.84MW Rookwood, Wiltshire…
HMRC confirms 5% VAT for batteries installed with new household solar systems
by Annabel Andrews • • Comments Off
HM Revenue and Customs (HMRC) has confirmed that a 5% rather than 20% VAT will be applied on residential battery storage installations when paired with new solar PV systems. Currently, the 5% rate will only be applicable to a single indivisible…
Dieter Helm to lead independent review into energy costs
by Annabel Andrews • • Comments Off
Dieter Helm is to lead an independent review looking at how the energy industry, government and regulators can keep the cost of electricity as low as possible, while ensuring the UK meets its domestic and international climate targets. The review will…
Ofgem cuts PPM price cap, saying Capacity Market and wholesale costs have fallen
by New Power • • Comments Off
Just a week after British Gas announced a price hike for customers on its standard variable tariff, Ofgem has announced that the price cap for three million households on prepayment meters will be reduced from 1 October. The regulator said…
Ofgem confirms National Grid must set up separate system operator company
by Annabel Andrews • • Comments Off
Ofgem has confirmed that National Grid should proceed with plans to set up a new legally separate company to carry out its electricity system operator function within National Grid Group. The electricity system operator (ESO) has a central role in…