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…
News
Ovo aims to halve customers’ carbon footprint by 2030, offer heat pumps to replace gas boilers
by New Power •
Ovo Energy celebrated its tenth anniversary and acquisition of SSE’s domestic customers by announcing plans to drive emissions down to zero in its own operation by 2030 and help its customers halve their carbon footprint over the same period. Launching…
News
Ørsted raises renewable generation focus as it divests customer-facing business
by New Power •
Ørsted has agreed to divest its Danish power distribution (Radius), residential customer and City Light businesses to SEAS-NVE, adding £2.5 billion (DKK 21.3 billion) to its war chest for further expansion. The Danish company has investments in eleven UK offshore…
News
EC approves RWE/E.On asset swap
by New Power •
The European Commission has approved a £40 billion asset swap between E.On and RWE that will reshape the two energy giants. The asset swap had aleady been approved by competition authorities in Germany and the UK. E.On told Innogy’s board earlier…
Editor's blog
The old question over gas meters revisited
by New Power •
As the nation’s smart meter rollout stutters on, it is time to ask again whether there is any point in installing gas smart meters. The question has been raised from the start of the programme. It is not required under…
News
Smart meter rollout deadline shifts: now 85% by end 2024
by New Power •
The target rollout date for smart meters is to be delayed by four years and the number of smart meters involved has been reduced to 85% of domestic properties. BEIS says around a quarter of households now have smart meters…
Perspective
OPINION: can we make a permanent improvement for the fuel poor?
by New Power •
Meeting social and environmental objectives is part of the role of energy networks, argues National Energy Action chiefe executive Adam Scorer Over the next decade, the UK faces two massive challenges in energy policy. Both of these challenges need…
Editor's blog
When will Ofgem make decisions on National Grid’s IT issues?
by New Power •
When can we expect a decision from Ofgem over National Grid’s continuing struggles with data and IT? It has now been 16 months since the regulator opened a formal investigation into National Grid’s market information. The regulator said that it…
News
Ovo Energy to acquire SSE’s household energy and service customers
by New Power •
Ovo Energy has reached agreement with SSE to buy SSE’s GB household energy and related services business. The plan has to be approved by the Competition and Markets Authority, and SSE says that is expected in late 2019 or early 2020,…