Ban Mac, market analyst at Elexon, invites readers to make use of the settlements company’s new ‘dashboard’ to prepare for next winter’s system cash-out price changes The way in which Elexon’s system price (cash-out price) is calculated is changing. Expect…
News
Northern Ireland’s renewables industry calls for ambitious long-term decarbonisation strategy
by New Power •
The Northern Ireland Renewables Industry Group (NIRIG) has published an energy strategy to decarbonise the energy sector by 2050. The group said Northern Ireland’s current Strategic Energy Framework has achieved rapid growth in low-carbon electricity and the signs point to reaching a target of 40%…
News
SSEN to work with Open Utility on DSO transition
by New Power •
Scottish and Southern Electricity Networks (SSEN) is to work with software company Open Utility, to learn from and participate in its smart grid platform. SSEN said in its evolution to a distribution system operator (DSO) it will create potential for peer-to-peer and…
News
Ovo launches suite of electricity flex products with battery, vehicle-to-grid and heat control options
by New Power •
Ovo has launched a suite of technologies that will allow it to aggregate domestic customers’ flexibility in charging electric vehicles and transferring power between vehicle, domestic storage and the grid. The company also launched a remote switch for electric storage…
News
Total acquires Direct Energy to become major supplier in France and Belgium
by New Power •
Total has become a major power supplier in France and Belgium with the acquisition of Direct Energie, paying €1.4 billion. Patrick Pouyanné, chair and chief executive of Total, said “Total is actively pursuing its development in electricity and gas generation and…
News
Mongoose Energy contracts BSR to manage 50MW community solar portfolio
by Annabel Andrews •
BSR has signed a deal with Mongoose Energy to manage a 50MW portfolio of 14 solar parks, the companies announced today. The five-year agreement covers 14 community-owned solar parks managed by Mongoose Energy. Once complete, BSR’s will manage 586MW solar portfolio across 64…
Perspective
OPINION: We must help innovators take the next step
by New Power •
Energy sector investment adviser Brendan Bilton argues that a support network – and money – will help developers cross the ‘valley of death’ The UK is failing new technology developers that have passed the “proof of concept” phase and are ready to…
News
Offshore wind supply chain review aims to win global business
by New Power •
The UK Offshore Wind Industry Council (OWIC) has launched a review of the UK supply chain. The outcome, expected in Q3 this year, will be a supply chain development plan for the industry, with deliverable opportunities and suggestions on how the…
News
Eelpower to invest £20 million in new storage projects
by New Power •
UK battery storage developer Eelpower has secured new financing of £20 million to develop storage sites. The company said it had sites already permitted and would add others to the pipeline. The debt funding comes from the GCP Asset Backed…