Three energy companies ae in default of financial obligations under the Balancing and Settlement Code (BSC). Simply Your Energy and Maxen Power Supply Limited have been told that they cannot register new meters, ie they cannot take on more customers,…
Editor's blog, News
New nuclear: RAB means customers will take the risk
by New Power •
In this week’s budget and spending announcements, funding of £1.7 billion was allocated to helping new nuclear get over the line to a final investment decision before the end of this parliament. Alongside that cash the government published draft legislation…
News
Domestic EV charger trial seeks participants
by New Power •
Trojan Energy has announced a new project to develop a single, publicly accessible electric vehicle (EV) chargepoint that can be installed in the street outside a customer’s home and powered by their domestic electricity supply. The new Aon Charger will…
News
Enzen offers new PV finance options
by New Power •
Enzen has launched new finance offerings for companies who want to invest in PV. A fully-funded solar option offers a long-term power purchase agreement (PPA) and requires no upfront capital investment. All three provisions – self funded, fully funded and…
News
Islay distillery to switch from oil to biomass
by New Power •
Islay’s Bunnahabhain distillery has announced it will switch to using biomass, using a by-product of distillation (spent malt, known as draff) and wood chippings from 15 miles away as fuel for its 8000kg/hr steam system. The switch will mean the…
News
Lack of detailed planning on jobs undermines green agenda, warns Environmental Audit Committee
by New Power •
Despite announcements committing millions of pounds to green jobs initiatives, the government is yet to define what a ‘green job’ is, and how it will evaluate the perceived demand. Inconsistent government policy and a knowledge-gap in necessary skills are resulting…
News
ACT NOW: consultation on re-coupling power trades with EU closes on Friday
by New Power •
Electricity traders have told BEIS that they need to see a single electricity price to trade power efficiently across interconnectors with Europe, but two exchanges where power is traded, EPEX and NP, are now operating “fully separated” day-ahead markets, settling…
News
Clean Growth Fund’s first investment is electric ‘drop in’ gas boiler replacement – new investor joins
by New Power •
The Clean Growth Fund has made its first investment in low carbon heating, leading a £2.5m investment round in tepeo to support commercialisation of its ‘zero emission boiler’ for the domestic heating market The boiler, from Tepeo, is a drop-in…
News
Real-time inertia measurement to help maintain grid stability
by New Power •
Reactive Technologies and National Grid Electricity System Operator completed construction of a grid-scale ultracapacitor, which will provide instantaneous data on grid inertia to manage system stability instead of relying on estimates. Constructed by Spanish technology group Ingeteam, the ultracapacitor, located…