Kiwi Power is working with the Royal Borough of Greenwich in London to trial a plan to help residents use less electricity, earn rewards and pave the way to a greener energy market. Greenwich Energy Hero is a 12-month trial…
News
URE Energy told: pay renewables subsidy bill or lose supply licence UPDATE Ofgem revokes supply licence
by New Power •
Ofgem is to revoke URE Energy’s licence to supply electricity after the supplier failed to meets its Renewables Obligation for 2017/18. It owed £209,013.78. The supplier did not pay into the buy-out fund by 31 August 2018, or present Renewables Obligation…
News
Toto Energy acquires 43,000 Solarplicity customers UPDATED: Solarplicity ceases trading
by New Power •
Energy supplier Solarplicity has ceased trading, becoming the 12th energy supplier to close its doors in the last two years. After selling most of its customers to Toto (see below) the energy supplier had only around 7,500 domestic customers and fewer…
Editor's blog
Want to avoid blackouts? Buy an electric vehicle
by New Power •
A detailed inquiry into the backout that affected much of the GB last Friday night is already under way. New Power’s early information was, in short, that two power plants ‘tripped’ within a very short time and there were area…
News
Macquarie takes 40% of East Anglia ONE wind farm
by New Power •
Macquarie’s Green Investment Group is set to take a 40% stake Scottish Power’s East Anglia ONE offshore wind farm. GIG has secured debt financing from the market to assist in funding its investment. GIG said the acquisition means it and…
Longread
Electralink chief promises new innovation space – but warns ‘some people will go bust’
by New Power •
Innovators will be able to test out new types of energy services without having to make costly upfront changes to electricity industry rules in a new initiative by industry body Electralink. ‘Flow Builder’ will upend the usual change process, chief…
Flash update
SSE confirms talks over sale of 5.7 million domestic customer accounts to Ovo
by New Power •
SSE has confirmed it is in discussions with Ovo Group over the possible sale of the SSE Energy Services business, which supplies energy and related services to around 5.7 million household customers across Great Britain. In a statement the company…
News
Simultaneous plant failures caused widespread power interruptions
by New Power •
A large scale frequency drop after the near-simultaneous loss of two generating plant was the cause of last night’s power outages, as National Grid ESO cut demand in some areas to protect the system. Acccording to Energyst, New Power’s sister publication, RWE’s…
News
Cardiff supplier ceases trading
by New Power •
Cardiff Energy Supply has ceased trading and SSE Energy Services has been chosen by Ofgem to take over its customers, which number fewer than 1000. Cardiff Energy Supply provided gas to 815 households and SSE said it would honour their credit balances.…