The form of a new enduring regime for offshore transmission should be clear in 2021, according to energy minister Kwasi Kwarteng MP, after he announced the terms of reference for a review of the current regime. Offshore wind developers have…
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Uskmouth ‘energy from waste’ conversion delayed as Simec Atlantis seeks data centre customers
by New Power •
Conversion of the Uskmouth coal-fired power station to burn pellets made from waste will now take place in two stages, owner Atlantis has announced, with the second 110MW unit financed after the first enters operation. The delay to unit 2…
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Ofgem opens investigation into United Gas and Power and Hudson Energy
by New Power •
Ofgem has opened investigations into United Gas and Power, which acts on behalf of Hudson Energy Supply UK, and into Hudson Energy itself, which is responsible for United’s actions. United Gas and Power serves business customers. The investigation covers rules around billing,…
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Work begins on National Grid’s Viking Link interconnector with Denmark
by New Power •
National Grid has announced the start of work on a new 1.4GW interconnector linking the GB grid with Denmark. The £1.8 billion project is a joint venture by National Grid and Danish transmission company Energinet and is due to enter service…
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BEIS told: invest £5 billion in a Net Zero Development Bank and make a £100 billion return
by New Power •
The UK could net a return of £100 billion to support the British economy if it invested £5 billion in energy efficiency and renewable energy, and delivered it via a dedicated Net Zero Development Bank, according to local leaders. The package…
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Ofgem aims to halve network returns while giving flexibility to invest in delivering Net Zero: National Grid warns it has gone too far
by New Power •
Ofgem’s draft determination of network price controls for the coming five years ”Risks undermining the process”, said National Grid. The company, which owns gas and electricity transmission networks and the system operator, said Ofgem’s proposed settlement “leaves us concerned as to our ability to…
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Nuclear, CCGT, biomass the winners as system operator continues to struggle with low demand
by New Power •
EDF Energy provided 600MW of additional nuclear generation on the weekend of 4-5 July as the Torness plant returned from outage, while National Grid ESO continued to pay the company to reduce generation from its Sizewell B plant by a…
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Introducing the GB Power Investment Index
by New Power •
GB Power Investment Index The energy market is becoming more complex, with uncertainty the new norm. The sheer amount of change occurring in the sector means there is a real need to understand how new ancillary services, market challenges or…
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Green stimulus: the industry responds – ‘ambition severely lacking’
by New Power •
Dr Nina Skorupska CBE, chief executive, REA: “Today’s announcement confirmed a lot of what we already knew, £3 billion funding for energy efficiency improvements and a drive on green job creation. Although we support the sentiment and maintain that this…