Ofgem wants to recruit around a dozen senior level participants to join an industry group that will help drive competition in extending electricity transmission networks. The group’s first job will be to provide advice and guidance on the development and…
Editor's blog
Should we underwrite new gas storage? Think about the ‘smart, flexible’ system plan first
by New Power •
Once again gas suppliers are arguing that consumers should underwrite more gas storage for Great Britain. The argument is that GB ‘nearly’ ran out of gas during the ‘Beast from the East’, and the BEIS Select Committee has duly announced…
News
UKPN to trial Faraday Grid self-balancing network
by New Power •
Faraday Grid is to partner with UK Power Networks to trial its autonomous, self-balancing network, which can be installed within an existing electricity grid. Comprising a network of independent Faraday Exchangers, it is designed to automatically smooth the intermittency and…
Perspective
OPINION: RIIO 2 is the time to do some serious thinking on heat and decarbonisation
by New Power •
Bridget Woodman and Richard Lowes consider the decarbonisation of the UK’s heat sector – and the lack of political commitment to achieve it. Extensive, or even complete, decarbonisation of the heat sector is vital if the UK is to meet…
News
Comment by 26 October: how should the new Electricity System Operator be funded and incentivised?
by New Power •
National Grid’s Electricity System Operator (ESO) is seeking comment on its funding model for the future. The ESO is being spun out of National Grid and will have a separate regulatory framework. Unlike the remaining pipes and wires business, the…
News
EDF Energy to offer DSR income to business customers
by Annabel Andrews •
EDF Energy has paved the way for its business customers to access additional revenue streams traditionally associated with generators and large suppliers, after signing a deal with Upside Energy. Through the partnership, Upside Energy’s cloud-based platform will be used alongside EDF…
News
Eurelectric reiterates warning over ‘no deal’ for energy sector
by New Power •
The head of Eurelectric, the lobby group for electricity utilities in Europe, has called on the UK and EU to reach a deal on Brexit to avoid rising power prices, security of supply issues, and disruption to global energy trades.…
News
Drax acquires 2.5GW of generation from Scottish Power
by New Power •
Drax has acquired 2566MW of power generation and storage assets from Scottish Power parent Iberdrola, saying the assets represent a growing system support opportunity. It expects the bulk of income from the plant to come from non-commodity sources. Scottish Power said “We have…
News
GoCompare offers auto-switch option ‘Weflip’
by New Power •
Switching site GoCompare has launched its own auto-switching product, called ‘Weflip’, joining a handful of specialist companies. Customers can sign up to from today, Monday 15 October. The new service is powered by Energylinx, a GoCompare Group company that operates an…