Ofgem has awarded £46.8m funding to four projects as part of the regulator’s 2018 Network Innovation Competitions. Each year network companies submit bids for funding to develop and test new technologies or approaches which could help to cut the costs…
News
Ofgem changes Ofto bidding regime, aiming to increase pool of bidders
by New Power •
Up to eight bidders will be invited to tender for the right to own and operate links to offshore wind farms in future tenders, and the licence will run for 25 years (instead of 20 years), Ofgem has announced. The…
News
CCUS Action Plan promises reviews to be completed by end 2019
by New Power •
Carbon capture and storage is in the spotlight today as the UK hosts a summit on carbon capture, utilisation and storage (CCUS). Government’s contribution was a CCUS Action Plan, intended to deploy CCUS at scale during the 2030s, ‘subject to the…
Longread
From the New Power archive: Simon Harrison discusses Future Power System Architecture and code governance
by New Power •
As the Future Power System Architecture programme, backed by the IET and Catapult, reaches the end of five years, a look back at New Power’s September 2017 interview with the programme’s Simon Harrison. He talks about how code governance could…
News
Ovo takes on Spark Energy customers
by New Power •
Ofgem has appointed Ovo Energy to take over Spark Energy’s 290,000 customer accounts. Ovo said, “Through the purchase of the operating company we can ensure that Spark Energy will continue to serve customers through its existing team, with minimal disruption…
News
Crown Estate Scotland signs first lease option for CO2 storage infrastructure
by Annabel Andrews •
Crown Estate Scotland has signed its first ever lease option to Pale Blue Dot for carbon dioxide (CO2) storage. Pale Blue Dot’s Acorn CCS project will use existing oil and gas assets on the Aberdeenshire coast to deliver large scale,…
News
Pivot Power and Open Energi join Arsenal to trade on new battery
by New Power •
Pivot Power is to install a 2MW/2.5MWh battery at Arsenal’s Emirates stadium funded with investment from Downing LLP, and operate it for 15 years. A further 1MW/1.2MWh of storage to be added in summer 2019. The battery can store enough…
Flash update
Scottish Power to take on Extra Energy customers from Sunday
by New Power •
Scottish Power has been appointed as the ‘supplier of last resort’ for the customers of Extra Energy Supply. Scottish Power Energy Retail Limited will take over supply for these customers with effect from 00:01 on Sunday 25 November 2018. Further…
Editor's blog
Is the aim of the smart meter programme just to save money?
by New Power •
The National Audit Office, in its latest report on smart meters, has asked whether the rollout will save money for customers. That’s a good question for the NAO to ask and its uncertainty over whether consumers will see their energy…