New legislation will require consumer smart devices to meet three rigorous security requirements for the Internet of Things (IoT), the Department for Digital, Culture, Media and Sport (DCMS) has announced. Consumer devices such as fridges that can respond to price signals…
News
Western Link failings prompt Ofgem investigation
by New Power •
Ofgem has launched an investigation into National Grid Electricity Transmission and SP (Scottish Power) Transmission over the delivery and operation of the Western high-voltage direct current (HVDC) subsea cable, which the two companies undertook as a joint venture. The £1.3…
News
Renewable Exchange proves effective as wind farm operator signs two dozen PPAs
by New Power •
The Renewable Exchange platform saw more than 15 suppliers tender for Power Purchase Agreements (PPAs) for Aviva Investors’ onshore wind farms. They offered multiple ways of monetising power, subsidy and embedded benefits from the wind farms and as a result Aviva Investors has…
Editor's blog, Perspective
Where will we be in 2030? Key questions for a changing power sector
by New Power •
As the 2020s start, in the January 2020 issue of New Power Report we set out a series of questions about how the industry would look at the start of the 2030s. What’s your view? Have we asked…
News
GridBeyond secures £9M expansion funding
by New Power •
Smart grid platform provider GridBeyond has secured £9 million in new funding. The leading investor in the round was EDP - Energias De Portugal, the Portuguese electric utility company. It was supported by existing and new investors in the company: Act Venture Capital –…
News
Habitat picks up management contract for Gresham House
by New Power •
Habitat Energy is to optimize 74MW of energy storage projects for Gresham House Energy Storage Fund. The multi-year agreements comprise three existing projects: a 20MW project in Wiltshire, a 5MW project in Wolverhampton and the recently-commissioned 49MW project on the Red Scar…
News
HVDC: The future of ancilliary services?
by Annabel Andrews •
What are the best ways to connect between different electricity grids? The changing mix of the electricity system and the advent of long-distance links sent grid companies back to HVDC technology. Now its providers suggest it could have many more advantages for…
News
CCC: make more use of home grown energy crops
by New Power •
The UK should expand its use of bioenergy to deliver carbon savings, the Climate Change Committee said in its report published today (23 January). But support should be limited and the best use of biomass kept under review. The report…
News
Ofgem agrees customers can pick up the bill to cover £12.7M in credit balances at latest failed suppliers
by New Power •
Two more suppliers that took on new customers under ‘supplier of last resort’ arrangements, promising to preserve customer credit balances, will be able to recover part of that cost from consumers, Ofgem has agreed. The latest agreements will call on…