Despite the carbon cost, use of the gas network is expanding. Proponents argue that it can be a low carbon bridge. In the September 2017 issue of New Power Report Janet Wood took a look at some projects Efforts to decarbonise the…
Longread
From the archive: how can we decarbonise heat?
by New Power •
If the UK has made good progress in decarbonising the electricity system, the same cannot be said for heat. It is a bigger challenge and has been harder to tackle, but it is in the sights of the new Energy…
News
FTI Consulting appointed administrator for Utilitywise
by New Power •
FTI Consulting has been appointed administrator for Utilitywise. The company, which provided energy and utility brokerage services to micro-market and SME businesses customers, was unable to raise sufficient funding to cover trading losses and implement a turnaround strategy. The group was put up…
News
Moody’s cuts WWU credit rating
by Annabel Andrews •
Rating agency Moody’s has dropped its credit rating for Wales and West Utilities, saying that it expected to see long term lower returns for the western gas network owner and operator. The cut follows similar action on SGN and is…
News
Scottish government offers £10M funding to bring forward tidal power
by New Power •
The Scottish Government has invited applications to a £10 million fund dedicated to achieving commercial deployment of tidal energy generation in Scottish waters. The Saltire energy fund is looking for projects that: relate to the capital costs of developing a material/technical…
News
EU ETS carbon allowances: one month to early submission
by New Power •
UK companies that have to take part in the EU Emissions Trading Scheme (EU ETS) have until 11 March to report on emissions in 2018 and until 15 March to surrender allowances for the year. The compressed deadlines – brought…
News
Zouk Capital is preferred bidder to manage EV investment fund
by New Power •
Zouk Capital has entered exclusive negotiations with the government to manage the £400 million Charging Infrastructure Investment Fund (CIIF), one of a a package of measures aimed at helping to increase the uptake of electric vehicles. CIIF will match £200 million raised from…
News
Utility chiefs set out programme to make workforce more diverse
by New Power •
Chief executives from 32 energy and utilities employers have launched a long-term commitment to attract more diverse and inclusive talent into the industry. The Energy & Utilities Skills Partnership, led by sector employers, recognised the gap in its Workforce Renewal…
Perspective
OPINION: RIIO2 must deliver skills resilience for energy
by New Power •
There is a gap at the centre of energy skills strategy. It needs a strategic approach at least equal to the industries that rely on it, says Nick Ellins, Group chief executive and chief executive of the National Skills Academy for Power Energy and…