Ovo has announced plans to unlock the flexibility of the UK’s million homes with electric storage heaters, in a partnership between its intelligent grid technology company Kaluza and Glen Dimplex Heating and Ventilation, which has a 90% share of the UK electric storage heating…
News
EC investigation closes on RWE/E.On deal, as CMA investigation opens
by New Power •
The European Commission has approved RWE’s acquisition of E.On’s renewable and nuclear electricity generation assets. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. But in the UK the Competition and Markets Authority…
News
Shell acquires Limejump
by New Power •
Shell is to acquire flexibility provider Limejump. The companies said the deal will allow “both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future”. Erik Nygard, chief executive of Limejump, said…
News
Community energy groups seek to secure a place in the evolving energy system
by New Power •
Community energy groups are struggling to develop viable projects, groups involved in the sector have warned. In 2014, the government’s community energy strategy imagined that one million homes would be powered by community energy schemes by 2020, but only 67,000…
News
ScottishPower sets out £2 billion in investment in 2019
by New Power •
ScottishPower has set out plans for £2 billion of investment in the UK in 2019. Plans include a 50MW battery storage project at Whitelee, the UK’s largest onshore windfarm, said to be the first of a series of storage schemes. ScottishPower also plans to develop…
News
Community to be offered stake in Ayrshire wind farm
by New Power •
Assel Valley Community Renewables Society is planning a share offer with the aim of raising £1,000,000 to enable people to own a stake in the Assel Valley wind farm near Girvan, in Ayrshire. Assel Valley is working with social enterprise Energy4All to increase…
News
BEIS offers £4.4M funding to develop products that help smart meter owners cut power consumption
by New Power •
BEIS has opened a competition for projects apply for £4.4 million in funding for smart energy projects. Applicants must develop and trial innovative products and services to deliver additional energy savings in homes through the use of smart meter data.…
News
EC announces in-depth investigation into Capacity Market
by New Power •
The European Commission has decided it must carry out an in-depth investigation to determine whether the Capacity Market scheme is in line with EU State Aid rules. The CM was suspended in November, when the European Court decided that in the original State Aid…
Editor's blog
OPINION: It’s time to act on decarbonising heat
by New Power •
The beginnings of work on RIIO 2 have rightly become the focus for some much-needed discussion about how the UK can decarbonise its heat industry – which for the majority of domestic customers means gas piped to the property.…