SDCL Energy Efficiency Income Trust (Seeit) has begun trading on the main market of the London Stock Exchange, claiming to be the first such company to focus exclusively on energy efficiency infrastructure. On 7 December the company announced it had raised…
News
Welsh government to outlaw fracking and extraction of coal bed methane
by New Power •
Fracking will not be permitted in Wales, Lesley Griffiths, cabinet secretary for energy, planning and rural affairs in the Welsh Assembly has announced. In addition, she said no new petroleum extraction licences would be granted. Wales took over petroleum licensing powers…
News
One Select is latest energy company to fail
by New Power •
One Select, an energy supplier with about 36,000 domestic customers, has ceased to trade and has entered the ‘supplier of last resort’ process. Ofgem will choose a new supplier to take on One Select’s customers as quickly as possible. This supplier…
News
Ofgem confirms Capacity Market role for co-located storage – including mobile options
by New Power •
Ofgem has published new guidance for companies who want to add storage to renewable energy installations that are supported under the Renewables Obligation (RO) and feed-in tariff (FIT) schemes. Adding storage to such sites was not foreseen when the two…
News
Three European companies face fines for breaching Remit rules
by New Power •
Energi Danmark has been fined for market manipulation on the Nordic wholesale electricity market The fine imposed on Energy Danmark is the result of an investigation started by the Danish Regulatory Authority for Energy and referred to the Danish State…
Perspective
OPINION: Market integrity benefits energy consumers
by New Power •
As ACER budgets come under pressure, Alberto Pototschnig, ACER chief executive, discusses the value of Remit Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT) introduced an unprecedented, sector-specific monitoring framework for the EU wholesale energy market and…
News
Northern Powergrid seeks flexibility tenders
by New Power •
Northern Powergrid will be seeking expressions of interest for flexibility services for next winter. Initial information was presented at a stakeholder group and it expects to announce dates for the tender shortly. It will be seeking around 14MW of response…
Flash update
BEIS confirms T-1 auction in summer 2019 but questions remain over payments
by New Power •
BEIS has confirmed plans to hold a ‘T-1′ Capacity Market auction next summer, for delivery in winter 2019/20, despite the fact that the EC has set aside the Capacity Market and payments have been halted. BEIS said the auction – which…
News
Cyber security network launches EV charger standard
by New Power •
ENCS, the European Network of Cyber Security, and E.DSO, the European Distribution System Operators’ Association for Smart Grids, have announced the launch of cyber-security requirements for electric vehicle (EV) charging infrastructure. The standard is the first in a series of security standards…