Engie UK is to quit the UK domestic energy supply market and has sold its 70,000 domestic customers to Octopus Energy. Engie’s business energy customers and district energy supply operations are not affected by the acquisition; Engie said its strategic exit from…
Editor's blog
Where does a Ministry for Climate Change belong?
by New Power •
As the budget approaches, and a potential restructuring of government departments, the question arises: what to do about climate change – or, more specifically, the Department of Climate Change that was absorbed by the Department for Business, Energy and Industrial…
News
Germany beating offshore wind targets, says grid owner TenneT
by New Power •
Germany has already passed its 2020 target for expanding offshore wind connections, says transmission network operator TenneT, which operates in Germany and the Netherlands. The government target for the North Sea and Baltic Sea for 2020 is 6.5GW and TenneT’s current total…
News
Anesco picks up management for more solar sites
by New Power •
Anesco is to provide operations and maintenance services for a further 10 UK solar farms, on behalf of Foresight Group and Alpha Real Renewables. The 10 sites have a combined capacity of 71MW. Anesco’s O&M team now looks after more…
News
Green energy sector jobs and turnover are growing despite PV setbacks, says ONS
by New Power •
The solar sector saw employment fall from 9,900 full-time equivalent (FTE) in 2015 to 6,600 in 2018, according to new figures released by the Office for National Statistics (ONS). Turnover in the sector fell from £2.7 billion in 2015 to £1.8 billion in 2018, it…
News
Capacity Market procurement targets see volumes set to fall
by New Power •
The government has set target procurement for the winter of 2022/23 at 44GW. The capacity will be procured in an auction on 30-31 January. Capacity for the following winter (delivery in 2023/24) is expected to be slightly lower at 43.3GW…
News
Climate and environment dominate WEF’s annual Global Risks Report
by New Power •
Environmental risks led by extreme weather and climate action failure are both the most likely risks facing the world and those with most impact, according to the latest annual Global Risks Report, produced by the World Economic Forum ahead of…
News
Opinion: Tackling the cartel damages question
by Annabel Andrews •
How will courts handle damage claims where a cartel has been found to be operating? A recent decision gives some indications BritNed v ABB is the first competition damages action, based on a European Commission cartel decision, to reach judgment…
News
Mayor launches London Power supplier
by New Power •
London Power, a partnership between Octopus Energy and the Mayor of London, launched this week. The company offers two tariffs, My London fixed yearly plan and My London top-up plan. The Mayor will become one of the first customers of the company…