Siemens is to spin off its gas and power interests in a new company to be given “complete independence and entrepreneurial freedom”. The new company will comprise Siemens’ current oil and gas, conventional power generation, power transmission and related services businesses. It will…
Perspective
OPINION The energy transition: disruption or repurposing?
by New Power •
Research by Michael Kattirtzi and Mark Winskel found different views on the UK energy system transition The UK’s energy system is experiencing dramatic technological and institutional change, and there are enormous challenges in reconciling system-wide decarbonisation, energy security and…
News
Consultation opens over the UK’s carbon price future
by New Power •
The UK government is consulting, along with the devolved administrations, on a new UK carbon pricing scheme that would be employed in the event the UK could not take part in the EU’s Emissions Trading Scheme (EU ETS) after Brexit.…
Longread
From New Power Report: UK100 and the zero carbon approach in local authorities
by New Power •
Members of the UK100 network of local authorities have pledged to convert to using 100% green energy by 2050. Janet Wood spoke to the network’s director, Polly Billington, about taking a local approach to energy. Ofgem should have more‘sandboxes’ (projects…
News
ACT NOW Consultation on balancing services charging task group report closes on 17 May
by New Power •
Industry members have just ten working days to respond to a draft report on the future charging regime for balancing services. Regulator Ofgem decided to launch a Balancing Services Charges Task Force in November with the aim of providing analysis…
News
Ofgem to act over consumer protection for micro businesses
by New Power •
Ofgem has opened its strategic review of the microbusiness market. As New Power reported on 3 April, Ofgem will launch a strategic review of consumer protection for microbusinesses. The launch document is here. The review was welcomed by Gillian Guy, chief executive of…
News
Epex sees off competition probe by agreeing to help open up GB/iSEM trading
by New Power •
Power exchange Epex Spot has headed off an investigation by regulator Ofgem by agreeing to help set up another power exchange for companies trading power across interconnectors between the GB and Irish/Northern Irish markets. Ofgem warned in November that it…
News
CCC’s net zero target: the industry responds
by New Power •
Now is the right time to set a ‘net-zero’ greenhouse gas emissions target, says the Committee on Climate Change in its new report. It wants to set a 2050 target for the UK overall, with a target for Scotland to…
News
Elexon proposal would reduce industry codes to three
by New Power •
Industry body Elexon has put forward proposals to reduce the number of codes in the nergy sector. Elexon manages the electricity Balancing and Settlement Code (BSC), which is one of 11 codes, or sets of rules, that across the energy…