The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK Government and industry target of £100 per megawatt hour (MWh) four years ahead of schedule, according to a new report…
News
British Gas Business pays out £9.5 million after new billing system hits customer service
by New Power •
British Gas Business is to pay £9.5 million in redress for failings in its registrations, complaints handling and billing processes for its 400,000 business customers. It will make direct payments to affected micro-business customers, and payments to the charity the…
Flash update
Western Link cable comes ashore
by New Power •
The world’s largest subsea power cable comes ashore at Ardneil Bay in North Ayrshire. At around 385km long, it is a crucial part of the £1 billion Western Link project, a joint venture between ScottishPower and National Grid to transport…
News
Anesco and Green Hedge Energy team up to deliver four battery ‘barns’
by New Power •
Energy efficiency specialist Anesco has joined forces with low carbon energy generation and storage company, Green Hedge Energy UK, to introduce Green Hedge’s ‘Energy Barns’ at four sites in England. Using lithium-ion batteries the barns will store energy then release…
Longread, News
Moixa chief: Domestic energy storage could be next asset class
by Annabel Andrews •
Moixa chief executive Simon Daniel says the UK is ready for a large-scale roll out of domestic battery storage across the UK. He wants to deploy 1GW of aggregated capacity, via the company’s GridShare platform, by 2020. He says the UK…
News
Energy accelerator funding and support up for grabs
by Annabel Andrews •
The Ignite ‘Big Energy Idea’ Accelerator Programme has opened for 2017 applications from businesses and entrepreneurs working in the energy sector this week. Successful applicants will receive a package of pre-investment support, including specialist knowledge from experts, and the opportunity…
Perspective
Opinion: Millennials are coming to the energy industry
by New Power •
Angela Peart, chief executive at Utility People, says it’s time to prepare to attact a new generation to the energy industry My experience in finding talent for the utilities industry tells me that the pool of skill is declining…
News
ETI to prioritise tidal stream technology over other marine renewables
by Annabel Andrews •
The UK marine industry should focus on tidal stream technology rather than tidal lagoon or wave energy in order to compete with other low carbon sources of energy, according to the Energy Technologies Institute (ETI). The government also needs to…
News
Private investors buy Green Deal home improvement scheme
by Annabel Andrews •
Greenstone Finance and Aurium Capital Markets have today bought the business and assets of the Green Deal Finance Company (GDFC), the body set up to manage the government’s home energy efficiency scheme. The deal included the transfer of the GDFC’s existing…