The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…
News
Paying for energy policy through taxation would reduce energy bills for 70% of households, says UKERC
by Annabel Andrews •
Some 70% of UK households would be better off if energy policy costs were removed from gas and electricity bills and applied according to household income, according to research published today by the UK Energy Research Centre. In ‘Funding a Low…
Editor's blog
Do we need more gas storage?
by New Power •
The last week has shown up the weaknesses of our gas supply. Or the strengths, depending on how you look at it. Gas prices spiked. But that’s the way the market works: at a time of shortage, prices rise and…
News
Northern Powergrid announces plan to cut network losses
by New Power •
Northern Powergrid has announced a new plan to forecast and reduce losses on its power network. Distribution network operators (DNOs) are required to reduce losses and until the current price review period they had financial incentives to do so. However,…
News
Malaysian power company acquires UK FIT wind portfolio
by New Power •
Malaysia’s power company, Tenaga Nasional Berhad (TNB) has acquired 80% of two UK renewable energy companies – GVO Wind and Bluemerang Capital – for £171 million. This acquisition, via wholly owned subsidiary, Tenaga Wind Ventures UK, is TNB’s first foray into onshore…
Flash update
National Grid seeks demand response to maintain gas supply levels
by New Power •
The gas system operator has issued a Gas Deficit Warning, asking for bids to reduce gas demand as it is predicting a shortfall at the end of the day. The warning was issued at 5.30AM in response to a series of…
News
European power mergers hold steady in 2017
by Annabel Andrews •
Mergers and acquisitions in the European power and utilities sector fell 1% between 2016 and 2017, as pool prices and electricity demand stayed low, according to the EY report Power transactions and trends: 2017 review and 2018 outlook. European deal value…
News
CMA opens investigation into Npower/SSE Retail merger
by New Power •
The Competition and Markets Authority (CMA) has opened an investigation into the merger between SSE Retail and Npower and whether it damages competition in the energy supply market. It is inviting written representations to be made by 14 March. The…
News
Origami Energy, Greenbyte win software contracts
by New Power •
SmartestEnergy has chosen Origami Energy’s technology platform to manage its customers’ distributed energy assets and consumption. Smartest said the collaboration will allow it to offer real-time, flexible energy management services to help its customers unlock the rapidly increasing value of…