Centrica Business Solutions has joined forces with the venturing arm of Japan’s Tokyo Electric Power (Tepco) to deliver industrial demand response capacity in Japan. Tepco Ventures will use Centrica’s FlexPond™ demand side response (DSR) platform to provide flexibility services for…
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Cable to make charging decisions for Octopus customers with EVs
by New Power •
Octopus Energy customers with an electric vehicle will be able to charge at low price periods using a ‘smart’ cable from Ohme. Once the cable is connected, the driver uses an app to set charging instructions (eg “On weekdays, charge my car…
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First commercial contract for Piclo flexibility platform
by New Power •
Scottish and Southern Electricity Networks (SSEN) is to use Piclo’s software platform to trade electricity flexibility – the first commercial agreement between Piclo and a UK distribution network operator (DNO). SSEN will use Piclo’s flexibility marketplace to buy smart energy…
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BEIS wants industry views on structuring new support for action on low carbon and energy efficency
by New Power •
BEIS is asking how it should structure a new funding stream – the Industrial Energy Transformation Fund – intended to help industry lower its energy and carbon costs. The new fund, announced in the autumn 2018 budget, has £315 million to…
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Reactive Technologies wins Norwegian funding
by New Power •
Reactive Technologies has won funding from the venture arm of Equinor (the Norwegian energy company previously known as Statoil) as a strategic investor. This is the latest development in Reactive’s major Series C funding round after Ingenious joined existing investors Octopus…
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Industry minister quits over no-deal Brexit fears
by New Power •
Industry minister Richard Harrington MP has resigned so that he can support efforts to avoid a no-deal Brexit. In his resignation letter, the now ex-minister said, the government was “playing roulette” with peoples’ lives and livelihoods. “The clear message I…
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Financed solar/storage option targeted at UK business customers
by New Power •
Generator Statkraft and storage company redT have announced a partnership to provide fully-financed behind-the-meter solar and energy storage infrastructure projects in the UK for commercial and industrial customers. The initial target is to install up to 10MWp of solar and…
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Northern Ireland power market remains vulnerable in the event of no-deal
by New Power •
The legal position of the Single Electricity Market linking Northern Ireland and the Republic of Ireland remains uncertain in the event of a no-deal Brexit, according to a new update from BEIS. That may require the government to seek additional powers…
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First Utility rebranded as Shell Energy, offers transport fuel discount to energy customers
by New Power •
First Utility has been rebranded as Shell Energy. The company promises 100% renewable electricity for all tariffs, as well as gas, smart home technology, and broadband. It is offering fixed domestic supply deals to 2020, and to 2022 with a Nest smart…