SSE has appointed banks to review options for divestment of all or part of its stake in gas distribution network SGN and will decide on an approach and timings before the end of this financial year, it said in a…
News
REPORT: Energy digitalisation to be a big winner in EU’s €249B Horizon research programme
by New Power •
The next EU budget will offer an “unprecedented resource opportunity for green energy and digitalisation”, with up to €249B available for climate investment, Kadri Simson, EU commissioner for Energy, told a meeting on digitalisation in the energy sector organised by…
News
Drax completes CCGT sale, confirms coal closure in March
by New Power •
Drax Group has completed the sale of four combined cycle gas plant (CCGTs) to VPI Holding Limited for £193.3 million,. This includes £29.0 million of contingent consideration associated with the option to develop a new CCGT at Damhead Creek. Damhead…
News
Ofgem picks new suppliers following company failures: EDF Energy for Green Network Energy customers and British Gas for Simplicity Energy customers
by New Power •
Ofgem has appointed EDF Energy as the new supplier for Green Network Energy’s 360,000 domestic customers and a small number of non-domestic customers. It has appointed British Gas Evolve, a trading name of British Gas Trading Ltd, to supply Simplicity Energy’s approximately 50,000 domestic customers.…
Longread
Resilience: exploring the Brexit penalty
by New Power •
Janet Wood explores some of the issues the GB power industry has to consider in its future as a third party connected to the EU’s Internal Energy Market After the Brexit referendum the fear was expressed that electricity imports…
News
Climate Change and Environment gets cross-cutting scrutiny role in restructured House of Lords committees
by New Power •
The House of Lords Liaison Committee has recommended setting up a new committee on the environment and climate change, to start work in April. It says “The current absence of a House of Lords committee on the environment and climate…
News
Blyth demonstrator site to see floating turbines installed by 2025
by New Power •
EDF Renewables has announced it will install up to five turbines as phase two of the Blyth Offshore Demonstrator on floating sub structures, with turbines potentially in operation by 2025. Phase one has five wind turbines and was constructed in…
Flash update, News
COP26 landing page goes live, themes include clean transport and energy transition. Five week window to apply for involvement
by New Power •
The government has published its landing page for COP 26 (the 26th UN Climate Change Conference of the Parties) in Glasgow on 1-12 November 2021. A separate landing page, ‘Together for our Planet‘ is aimed at UK organisation, with the stated aim…
Editor's blog
Do you need an energy butler?
by New Power •
From time to time I find myself trying to explain how the energy industry is changing to people who couldn’t give a picowatt. Here is my latest analogy: In the past you have had an energy butler, happy to meet all…