The Competition and Markets Authority (CMA) has decided to keep in place a tariff cap for pre-payment customers, It said ”conditions of competition in the prepayment segments have not improved materially,” and engagement among prepayment customers remains low. In addition, it…
News
Utilita to pay £175,000 for energy efficency failings
by New Power •
Utilita Energy is to pay £175,000 to the energy redress fund after it failed to meet its carbon reduction obligations under the Energy Company Obligation (ECO) fuel poverty scheme. Ofgem found that Utilita Energy failed to deliver its obligations for ECO2,…
News
ENWL owners sell 50% of northwest power network
by New Power •
Electricity North West owners First State Investments and J P Morgan Asset Management have agreed to sell 50% of the company to Equitix and a consortium led by Kansai Electric Power Co. The other consortium members are Daiwa Energy & Infrastructure Co.…
Longread
From the monthly Report: can new business models disrupt the supply market?
by New Power •
In the July issueof New Power Report we spoke to two companies with new business models for domestic users. Instead of selling kWh they are offering consumer energy goods like PV and batteries alongside power management – not just for…
News
SSE chief executive has three ‘asks’ for new prime minister
by New Power •
SSE chief executive Alistair Philips-Davis has written to incoming prime minister Boris Johnson with three priorities for a new government in the power sector if it wants to put the UK on track to be a net-zero country. Top of…
News
ACT NOW: Brexit uncertainty means double consultation on Nemo Link’s intraday product
by New Power •
Nemo Link and Elia have had to publish a double consultation on changes to the access rules for the 1000MW Nemo Link Interconnector between GB and Belgium, because it is not clear whether the UK would remain in the EU’s…
Flash update
BritNed consults on access rules in the event of no-deal Brexit: intraday trades affected
by New Power •
BritNed has launched a new consultation on the BritNed Access Rules 2019 in case of No Deal Brexit. The proposed Access Rules have new Intraday arrangements. The company has published new access rules in a tracked changes version. Please click here for the…
News
RedT and Open Energi to offer frequency response from redox flow technology
by New Power •
Energy storage company RedT and Open Energi have combined to pre-qualify a new type of storage – vanadium redox flow - to provide Dynamic Firm Frequency Response (dFFR) services to National Grid ESO. RedT’s 300kWh flow machine is situated at an industrial…
News
£1 million granted for offshore energy research projects
by New Power •
The Supergen Offshore Renewable Energy Hub has awarded almost £1 million to UK universities to support research into aspects of offshore renewable energy. The Hub was established in July 2018 with £5 million funding from the Engineering and Physical Sciences…