The UK has held it’s place at number ten in EY’s index of the world’s most attractive renewable energy markets. The report’s authors cited the results of second contract for difference (CfD) auction as contributing to the UK’s place in the…
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Energy future: forget security of supply, the trilemma and regulation, says think-tank
by New Power • • Comments Off
The energy sectors being held back by outdated policy obsessions that have dominated and distorted policy making and regulation for too long, says a new report by Challenging Ideas and Imperial College Business School. The group wants to sweep away easy…
Shell invites low-carbon innovators to apply for funding
by New Power • • Comments Off
Low carbon enterprises have until 6 November to apply for funding from Shell’s ‘Springboard’ competition. Up for grans is a national prize of £150,000, plus a further five regional awards worth £40,000 each. Shell UK country chair Sinead Lynch said:…
BEIS opens £10 million funding competition for energy entrepreneurs
by New Power • • Comments Off
The Department for Business, Energy and Industrial Strategy (BEIS) has opened Phase 6 of the Energy Entrepreneurs Fund for applications. The fund is a competition that supports development and demonstration of state of the art technologies, products and processes in…
Industry ‘must rethink IT strategy’ to get value for money, says Xoserve chief
by New Power • • Comments Off
The energy industry could get more value for money from its big technology programmes by copying the approach of other sectors and “bleeding dry” its existing systems. That is the view of Xoserve chief executive Sian Baldwin, who has joined…
Energy sector reacts to government’s clean growth strategy
by Annabel Andrews • • 1 Comment
The energy sector has been responding to the government’s Clean Growth Strategy. Energy Institute chief executive Louise Kingham said: “Putting CCS back at the table and action to tackle emissions from heat, alongside renewables, nuclear and electric vehicles make this a credible plan… Hitting…
Price caps: the industry responds
by New Power • • Comments Off
The government will today publish new legislation that will allow it to take powers to direct Ofgem to set a price cap for all energy customers. Meanwhile Ofgem has published proposals to extend its price cap for vulnerable customers. Legislation and…
Innogy takes full ownership of Triton Knoll
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Innogy has acquired Statkraft’s 50% stake in the 860MW Triton Knoll offshore wind farm, making it the project’s sole owner. But Innogy chief operating officer Hans Bünting said it may not stay that way, commenting, “With full control over Triton Knoll, we…
KiWi Power financing behind-the-meter storage, seeks more sites
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Demand side response aggregator KiWi Power is rolling out behind-the-meter battery storage on commercial and industrial sites. It has developed and financed a 4MW lithium-ion battery to be located at Cenin Renewables, Parc Stormy in Bridgend, South Wales. The battery will…
National Grid Gas wants innovation ideas for gas network: £20M funding up for grabs
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National Grid Gas Transmission (NGGT) has launched a call for ideas for innovation in the gas network, for the 2018 Network Innovation Competition (NIC). NGGT will review proposals to decide which to submit for the NIC competition. The proposals will be…