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…
Longread
From New Power Report’s archive: getting the most out of onshore wind farms
by New Power •
In September 2016 New Power considered how onshore wind operators should think about the supposed ‘end-of-life’ for existing wind farms. Repowering windfarms with larger, more efficient turbines is a huge opportunity to improve plant economics. But in the current policy…
News
Offshore wind leasing round delayed to refine tender process
by New Power •
The Crown Estate has delayed its planned offer of new leases for offshore wind projects (Round 4) so it can revise its tender process following market feedback. The next leasing round will now be in etc autumn. The sea bed…
News
Electricity System Operator asks for feedback on network capability documents
by New Power •
National Grid ESO is seeking industry feedback on its Electricity Ten Year Statement, an annual update on the network’s capability, to see whether it should change to meet evolving industry needs. The statement has been produced annually since 2012 and…
News
Review of impact assessment raises concern over charging reforms
by New Power •
Ofgem’s planned reform of parts of the charging regime for electricity providers risks undermining renewable energy investments and raising the cost of operating the system, according to a review of the measure’s impact assessment. Consultant Oxera reviewed the impact assessments for…