Developers, local authorities and other parties with low-carbon projects that could connect to the electricity network in the next two years have six weeks to help direct up to £300M of network investment towards ‘hot spots’, with the aim of…
News
ABB to supply equipment for Statkraft’s Lister Drive grid services project, offering low-carbon inertia and voltage control
by New Power •
Statkraft has announced that ABB will engineer and install two synchronous condensers at the Lister Drive Greener Grid Park in Liverpool, which will be constructed this year. The Lister Drive project will provide services to help keep the electricity system stable, including…
News
UK’s storage pipeline tops 22GW with batteries contributing 16GW
by New Power •
More than 16.1GW of battery storage capacity is operating, under construction or being planned in the UK, across 729 projects, according to RenewableUK’s latest Energy Storage Project Intelligence report. Other forms of storage now under development could bring the total to 22GW. That compares to 10.5GW across 600 energy…
Longread
Keeping a weather eye on the gas market
by New Power •
Janet Wood explores some of the natural phenomena that influence gas demand and supply Sometimes a glance out of the window will give you some clues as to gas demand. It’s simple enough to assume that on a cold…
Flash update
Gas price recovery, CfD and RO increases, Covid debt, drive up price cap by £96
by New Power •
From 1 April 2021 the energy price cap will increase by £96 to £1,138 for 11 million default tariff customers, and by £87 to £1,156 for 4 million pre-payment meter customers, Ofgem has annnounced. The hike returns the price cap to pre-pandemic levels, principally…
News
Closed schools mean faster installations for eEnergy ‘lighting as a service’ offering
by New Power •
‘Energy efficiency-as-a-service’ business eEnergy Group saw revenues on ‘lighting as a service’ (LaaS) grow by 235% in the six months to end December 2020, to £6.6 million, compared to the period to December 2019. Overall revenue grew by 125%. The…
Flash update, News
Good Energy founder Juliet Davenport to stand down as CEO, company to seek specialist in digital businesses
by New Power •
Juliet Davenport is to stand down as chief executive of Good Energy and the company has appointed an executive search firm to recruit a new chief executive with proven experience in growing digital businesses. Davenport will become a non-executive director…
News
System Operator reinstates temporary ‘footroom’ option ODFM as it faces another low-demand Covid summer
by New Power •
The GB electricity system may face operational stresses during the upcoming summer because demand remains supressed by Covid restrictions, according to system operator NGESO. It has announced plans to reinstate the Optional Downward Flexibility Management (ODFM) service, used last year as…
News
DCC celebrates connection of 10 million smart meters as mass adoption of 3 million early meters boosts total
by New Power •
The DCC, the communications hub for the GB’s domestic smart meters, has reached 10 million connected smart meters. SmartGB confirmed that the milestone was achieved with the installation of an electricity smart meter at 10:47am on 1 February 2021 by…