InstaVolt is rolling out rapid electric vehicle charging points to Bannatyne health clubs across the UK. The installation of more than 70 chargers is underway, with 56 already live, and the Bannatyne Group says more are likely to follow as EV sales…
News
Storage IPO aims to raise £100 million
by New Power •
Storage-only fund Gore Street Capital has announced plans for an initial public offering, hoping to raise £100 million to invest in storage projects. It plans to use storage assets to ‘stack’ a number of different income streams with different counterparties,…
Perspective
OPINION: Energy supply company insolvencies – a concern or an opportunity?
by New Power •
Clare King and Matt Hill of Osborne Clarke examine the applications of Ofgem’s ‘supplier of last resort’ process so far, and consider the implications for challenger companies and those taking on customers Last winter we saw Ofgem using its Supplier…
News
EUSkills warning: diverging policies may limit skilled staff movement within the UK
by New Power •
Skills policies across the UK are fracturing, and “now pull in opposite directions across the four nations” according to a new report from Energy and Utility Skills. The group wants to convene a ‘Four Nations Advisory Group’ to develop equivalence, comparability and…
News
E.On to acquire Innogy in €20 billion acquisition and restructuring
by New Power •
E.On in Germany has reached an agreement in principle to acquire RWE’s 76.8% stake in Innogy. In return, RWE will gain a 16.67% share in E.On. The complex deal, in which E.On will offer €36.76 per share plus dividends of €3.24…
Editor's blog, Flash update
Women in power: providing expertise throughout the industry every day
by New Power •
Women are under-represented in the energy and power industry – but that doesn’t mean they are not there. The number of women in the industry may be small, but it is growing, and they have a great track record…
Longread
Interview: Vicki Spiers, AIGT and CNA
by New Power •
First published in New Power Report, August 2017 In most new housing, utility connections are provided not by incumbent network companies but by independents. Their numbers have been growing. Vicki Spiers is the current chair of the industry bodies for…
Longread
Interview: Allison Roche, Policy Officer, Unison
by New Power •
From New Power Report, December 2016 The energy industry requires social dialogue and a coherent sector strategy, says Unison’s Allison Roche, to counterbalance its current fragmentation Unison the union has 1.3 million members working in the public services, which…
Longread
Interview: Catherine Mitchell, Professor of Energy Policy, University of Exeter
by New Power •
From New Power Report, June 2015 Catherine Mitchell had a difficult message recently for an energy industry just coming to grips with Electricity Market Reform (EMR). She said EMR needed to be rethought, and the industry restructured. Behind that statement…