Watching the huge effort being put in to manage the thousands of Thomas Cook travellers affected by the company failure, it is probably a good time to compare ATOL, the Air Travel Organisers’ Licensing scheme, and energy companies’ supplier of last…
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Labour promises £83 billion investment in offshore wind with majority public ownership
by New Power •
Majority public ownership in a fleet of 37 new offshore wind farms, each 1.1GW in size, with the profit recycled into new renewables and the built infrastructure: that was the promise from shadow secrtary fo state Rebecca Long-Bailey announced at…
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ESO announces timetable for Mersey reactive power service tenders
by New Power •
National Grid ESO is set to run two tenders to procure winter reactive power services in the Mersey area. The first – short term – tender will seek offers to supply from April 2020 and will open on 14 October…
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Labour plans publicly-owned electric vehicle charging network
by New Power •
There will be ‘more to come’ on renationalising public services in Labour’s next manifesto, Rebecca Long-Bailey, Shadow Secretary of State for Business Energy & Industrial Strategy, promised a fringe meeting on public ownership at the Labour Party Conference. “We want regional…
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Gemserv offers online access to Smart Energy Code
by New Power •
Gemserv has digitised the Smart Energy Code – the contract that sits at the heart of the smart meter roll-out. It has launched a code management platform – CodeWorks – where parties can interact with code documentation, filter for information that is relevant…
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SEEIT invests in Spanish CHP
by New Power •
Energy efficiency investor SDCL Energy Efficiency Income Trust has agreed to acquire a €64 millionportfolio of cogeneration assets in Spain. Nine operational projects provide in aggregate 125MW, comprising five combined heat and power (CHP) plants, two olive processing plants and…
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Offshore wind hits record low below £40/MWh
by New Power •
The upcoming round of offshore wind farms will be delivered at prices of £39.65-£41.61 per megawatt hour, for windfarms delivered by 2025. The results of the governent’s latest Contracts for Difference auction showed a drop from the previous auction two years ago,…
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Drax granted DCO for gas-fired plant at Abergelli
by New Power •
An application by Drax to build a gas power station in Abergelli has been approved by the Secretary of State for Business, Energy and Industrial Strategy (BEIS). The 299MW open cycle gas turbine (OCGT) power station, in southern Wales, will be…
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At least 7GW of new offshore wind in prospect as Crown Estate opens seabed leasing Round 4
by New Power •
The Crown Estate has opened a new seabed leasing round, offering the rights to build at least 7GW of offshore wind in the waters around England and Wales. It is making four areas available, within which potential developers will have…