National Grid Gas Transmission (NGGT) has launched a call for ideas for innovation in the gas network, for the 2018 Network Innovation Competition (NIC). NGGT will review proposals to decide which to submit for the NIC competition. The proposals will be…
News
ACER calls on TSOs to look beyond national interests to get more from interconnectors
by New Power •
The European electricity market is not fully using its interconnector capacity, so prices are higher in some regions than they need to be, the Agency for the Co-ordination of Energy Regulators (ACER) has concluded. In its annual ‘market monitoring’ report…
News
Triodos loans release funding for new solar PV
by New Power •
Triodos Bank has provided £17.9 million of loans to two UK solar projects for Spanish developer Gamma Solutions. The funding comprises £15.1 million of project finance loans from Triodos Bank and £2.8 million of mezzanine loans from the Triodos Renewable Europe…
News
E.On launches ‘Economy 7′ tariff for electric vehicle owners
by New Power •
E.On has launched a new tariff for electric and hybrid vehicle owners, using energy purchased from 100% renewable electricity and green gas. The tariff acts like an Economy 7 deal: the night rate – when many electric and hybrid car owners will choose…
News
New hydropower scheme commissioned in Scotland
by New Power •
Infrastructure investment manager Ancala has completed a new hydropower scheme at Loch Eilde Mor in Kinlochleven, Scotland, bringing to 11, and to 16MW, the number of projects commissioned or acquired through its portfolio company Green Highland Renewables. The 2MW, £13.6 million scheme is…
Flash update
Ofgem reopens ‘regulatory sandbox’ for applications
by New Power •
Ofgem opened a new window for applications to its ‘regulatory sandbox’. It wants to have expressions of interest by 27 October. All innovators who submitted an expression of interest must have had an initial meeting with a member of the…
News
Price cap: industry responds, switching companies sound warnings
by New Power •
In her speech to the Conservative party Conference this week prime minister Theresa May announced that she would introduce a new energy bill that would cap prices for customers. The industry responds: Richard Neudegg, Head of Regulation, uSwitch.com: “We have warned repeatedly…
News
Frequency reserve services offer data centres ‘free money’, says Eaton
by New Power •
Power management company Eaton is building an energy service for data centres that will enable organisations to participate in grid level frequency regulation by using UPS back-up power. The service is aimed at large data centre operators and will launch across…
News
New real-time inertia measurement will cut the cost of managing the grid
by New Power •
National Grid and Reactive Technologies have claimed a first in continuously measuring and monitoring grid stability – or system inertia – across the energy network. Previously, inertia has always been estimated. The ability to measure accurately is expected to have…