National Grid’s NEMO link will go into commercial operation on 31 January, and day-ahead trading on the 1000MW interconnector with Belgium will begin tomorrow, 30 January. But some products the market requested for the new Interconnector, notably trades for within-day…
News
IDNO Eclipse announces funding from Octopus Investments
by New Power • • 0 Comments
Octopus Investments has signed a long-term funding deal with Eclipse Power, which will allow the independent DNO to expand. The multi-million-pound investment is Octopus Investment’s first in the network sector. Eclipse Power was founded in June 2015 and was granted a licence in…
NAO: taxpayers will lose or repay £24 billion in tax as oil and gas decommissioning costs mount
by New Power • • 0 Comments
Taxpayers could have to repay around £12.9 billion in taxes and forgo a further £11.1 billion of tax income over the next 20 years, because of the costs of decommissioning oil and gas installations, according to a new report from the National Audit…
Distributed Resources Desk aims to bring small-scale power projects into electricity market
by New Power • • 0 Comments
National Grid’s electricity control room has introduced a new ‘Distributed Resource’ Desk to give instructions much faster to smaller generators, battery storage operators and demand side response providers. Staff on the Distributed Resource Desk focus entirely on optimising the use of…
Open Networks: discuss the future on 1 February and respond to the consultation
by New Power • • 0 Comments
Energy networks expect a big increase in flexibility services markets in 2019, as distribution network operators include smart flexibility services as part of their day-to-day operations. The next steps in developing smart networks will be under discussion at a meeting on…
What’s your view of electric vehicles?
by New Power • • 1 Comment
What’s your view on electric vehicles? New Power’s sister publication The Energyst is asking readers for their views. Its wants to understand how public and private sector organisations perceive EVs, whether they are considering implementing charging infrastructure and what their attitudes are towards…
National Grid ESO asks for feedback on workplan – join stakeholder meeting on 22 January
by New Power • • 0 Comments
National Grid ESO wants input to its forward plan for the next two years, including metrics to measure its performance and its plans for stakeholder engagement. Among the issues to be addresses in the period are managing new system operability…
BEIS invites tenders for £20M grant pot to develop nuclear technologies
by New Power • • 0 Comments
BEIS has opened a competition for £20 million in grant funding for technologies used in new nuclear, focused on helping move towards demonstration and commercialisation. The fund builds on an initial £5 million award that has been running in a two-year…
Hitachi suspends UK nuclear programme, halts Horizon work at Wylfa Newydd and Oldbury
by New Power • • 0 Comments
Horizon Nuclear Power has suspended its UK nuclear development programme, which was to have seen a new plant built at Wylfa Newydd on Anglesey in North Wales, with a second to follow at Oldbury on Severn in South Gloucestershire. The…
Act by 29 January: respond to consultation on BSC Capacity Market charging modification
by New Power • • 0 Comments
Industry participants have until 5pm on 29 January to respond to a Balancing and Settlement Code modification that would see Capacity Market payments collected from suppliers and held in anticipation of the market winning renewed State Aid clearance. Many suppliers…