The shadow energy and climate change minister Barry Gardiner has been promoted to shadow secretary of state for energy and climate change, after Lisa Nandy resigned in protest at Jeremy Corbyn’s leadership. The shadow energy minister responsible for transmission and distribution, Alan Whitehead, also…
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Video: Tidal turbine destined for commercial stream array revealed
by Annabel Andrews •
A new video shows the three month assembly of a tidal turbine in time-lapse footage. The Offshore Renewable Energy (ORE) Catapult, together with turbine developer Atlantis Resources, took the footage over three months as the 1.5MW AR1500 turbine was assembled prior…
Flash update
A guide to embedded benefits
by New Power •
The Department of Energy and Climate Change has promised to review the charges paid by generation that is connected to local, low-voltage distribution networks. Such plant, connected close to demand, does not need to use the high-voltage transmission network. This…
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CMA holds the lines on remedies: CfD transparency; new industry change regime; new roles for Ofgem
by New Power •
The Competition and Markets Authority has promised ‘over 30′ changes in the energy industry to improve competition in what it described as “the most comprehensive investigation into the energy market since privatisation”. The changes will be accomplished via a combination…
Flash update
Referendum: what will be the industry’s first action following the vote for Brexit?
by New Power •
The UK has voted in favour of exiting the European Union. At 6am the result was around 52% in favour of Brexit, 48% against, and that was not expected to vary a great deal as final results come in. What…
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UK’s idle gas-fired plants could be sold to Africa
by New Power •
Mothballed UK gas turbines could be exported to Africa, Silvia Stefini, gas product line leader, Europe, for GE’s Power Services business, told New Power. Exporting second hand engines “gives some value to an asset they no longer use,” said Stefini.…
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Good Energy raises over £3.1million in oversubscribed share offer
by Annabel Andrews •
Independent energy supplier Good Energy has raised £3.1million and reported a significant oversubscription in its latest share offer. The company said the majority of the 2,000 individual applications were from Good Energy customers. Shares cost £2.08 each, with a minimum application value…
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Nestlé signs deal with Community Windpower to supply half its UK electricity
by Annabel Andrews •
A Community Windpower wind farm in the Scottish borders will power half Nestlé’s operations in the UK and Ireland when it is completed in 2017. This new deal, an initial 15 year partnership with Community Wind Power, will see a brand…
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Decc opposes CMA remedies on nuclear CfD transparency, auction visibility
by New Power •
The Department of Energy and Climate Change (Decc) wants the Competition and Markets Authority (CMA) to rethink its proposed remedies in awarding Contracts for Difference for low carbon projects. Decc opposes the CMA remedies for both negotiated and auction-allocated CfDs.…