The ‘top up’ T-1 Capacity Market auction for next winter closed at £45. Consumers will pay to underwrite one 435MW coal-fired station – Uniper’s Ratcliffe 4 – and 6.12MW of diesel generation. But the largest contribution to the capacity contracted…
News
Gore Street will offer 90MW to Dynamic Containment market by 1 April, multiplying revenues with sub-second response
by New Power •
Energy storage owner Gore Street has announced that it is now participating in the National Grid’s new Dynamic Containment Service. Most of the group’s operational portfolio, which is ten operating battery assets in England and Wales totalling over 90MW, will be…
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Ofgem agrees £10.7M redress from 18 suppliers who failed customers. Ovo, ScottishPower, Shell, British Gas all pay over £1M
by New Power •
Ofgem has warned that it will take enforcement action over suppliers who do not follow price protection rules, after it agreed redress totalling £10.7M with 18 suppliers who failed to meet required standard. They failed to meet rules which should…
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Act now: ten days to respond to NGESO on frequency control options after 2019 blackout
by New Power •
Should a programme that is underwriting stability upgrades to distributed generation be extended for another year? The so-called Accelerated Loss of Mains Change Programme has already funded changes to hundreds of small power plants, which have had set-points changed so they…
Longread
Local power, local price?
by New Power •
In an article first published in the January 2018 issue of New Power Report, Janet Wood looked at how locally electricity should be priced. Three years on, and given NGESO’s need to manage rising constraint costs, is it time to…
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Cheers: NESF picks up Camden PV sites holding 15-year PPA with world’s largest brewer
by New Power •
NextEnergy Solar Fund has acquired two PV projects for £64.3 million, from Camden, that will provide power for brewer AB InBev for the next 15 years. The sale comprises the Grange, 214 acres in Yorkshire, and South Lowfield, 200 acres in…
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Streamlined, transparent contract on offer to give flexibility providers consistency across DNO tenders
by New Power •
Companies who want to provide flexibility services to distribution network operators (DNOs) will now be able to use a more transparent and streamlined common contract, standardised across all the networks. The existing contract was ‘refreshed’ by ENA’s Open Networks project,…
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Cuts to Green Homes Grant would hit consumers, business and Net Zero target: will Rishi Sunak take the crown for ‘worst energy decision’ for business?
by New Power •
Premature closure of the Green Homes Grant Scheme would put jobs in jeopardy, dash the dreams of homeowners and put the UK’s Net Zero target at significant risk, say 19 organisations in the energy efficiency and low carbon heating sector. Their…
Longread
NGESO ready to pay for ‘circuit breaker’ assets to reduce mounting constraint costs, BEIS considering options for long term storage
by New Power •
NGESO wants industry input on how to manage a fast-growing element of electricity costs: constraint paymenst that arise because the network is limited in how much power can be transferred. These ‘constraint’ costs now represent around 40% of so-called ‘use…