After a 1500km journey, the first of three 270t transformers has been delivered to the onshore substation site that will connect the Moray East wind farm to the onshore grid. The transformer was moved from the port at Peterhead on Sunday…
News
EP UK acquires Irish CCGT
by New Power •
EP UK Investments has completed the acquisition of 80% of the shares of Tynagh Energy, an independent power producer in the Republic of Ireland that owns a 400MW CCGT in east County Galway. The sellers were EFS Tynagh Holding Company…
News
Lidl and Podpoint to roll out rapid EV chargers across up to 300 stores over three years
by New Power •
Lidl, which has plans to open 50 new stores in GB in 2019, has announced plans to install rapid electric vehicle chargers at all of them. It will also install charging points at existing stores. That should mean rapid chargers…
News
CMA opens investigation into SSE/Ovo merger
by New Power •
The Competition and Markets Authority (CMA) has opened a statutory merger investigation into Ovo’s pland to acquire the supply business of SSE. The merger would make it the UK’s second largest energy supplier and CMA is required to consider whether…
Editor's blog
The long read: How I helped break the power of the Big Six
by New Power •
Here’s my competitive energy market story For years I am an Npower customer. I switched – I know the basics! – but a while ago. Although it regularly comes low down on price and customer satisfaction rankings, I don’t use…
News
Capacity Market reinstated: the industry responds
by New Power •
Caroline Bragg, head of policy, Association for Decentralised Energy: “The ADE welcomes the European Commission’s decision to re-instate the Capacity Market’s State Aid. “Whilst undoubtedly not perfect, the Capacity Market has been an important revenue stream for decentralised energy and its…
News
Capacity Market gets new go-ahead from European Commission
by New Power •
The European Commission has cleared the GB Capacity Market, in suspension since last year, saying it passes State Aid tests. The Commission had been required to re-examine whether the CM complied with State Aid rules after a Tempus Energy challenge…
News
Citizens Advice calls for action on microbusinesses, saying they are at higher risk of rip-offs and cut-offs than domestic customers
by New Power •
Micro businesses are at greater risk of having their energy supply disconnected than the average household, and of exploitation by unscrupulous energy brokers, due to a lack of protections in the microbusiness market, according to a new report from Citizens…
News
Ofgem says it expects ’1-4′ suppliers a year to fail as it sets out tighter oversight regime
by New Power •
Ofgem expects “between one and four” energy suppliers to fail per year in future, despite its stricter entry rules, it emerged, as the regulator set out plans to tighten oversight of existing companies and reduce the costs shared by the…