National Grid’s System Operator (SO) role should be clearly separated from its other activities over the next two years and become a legally separated entity, with its own licence and a different incentive framework, by 2019, according to new proposals.…
Perspective
Blog: Variable tariff customers set for spring price hikes as wholesale energy prices continue to climb
by Annabel Andrews •
It looks likely that customers on variable tariffs will see price hikes in the spring, as new analysis shows UK energy values have risen to their highest levels in 18 months, suggesting it might be a great time to switch to…
News
Climate change and the connected world top global risks in 2017
by New Power •
Global risks are dominated by the environment and climate change, and by the connected world and Internet of Things, according to the World Economic Forum’s annual Global Risks Report, which also named inequality among the three major risks. The WEF…
Flash update
Cold snap will test energy suppliers
by New Power •
Falling temperatures, rising prices and increased volatility could combine this week to test energy suppliers’ hedging arrangements. The Met Office has issued yellow weather warnings for the remainder of the week, with snow and high winds expected to affect most…
News
Mendip Green Party offers one-off payment for customers switching out of nuclear
by New Power •
Mendip Green Party is offering a one-off payment for customers switching from any supplier using nuclear energy to Ecotricity or Good Energy. It has promised £20 to customers who switch a single fuel and £40 for a dual-fuel switch. The…
News
Carbon Trust launches competition to reduce cable damage during offshore construction
by Annabel Andrews •
The Carbon Trust’s Offshore Wind Accelerator (OWA) has launched a new global innovation competition to find and fund the development of innovative solutions to a challenge facing the offshore wind farm industry today: how to monitor the condition of subsea…
News
European Commission gives €20.3m to Atlantis for tidal array project
by Annabel Andrews •
Tidal power company Atlantis has secured a €20.3m grant from the European Commission for its MeyGen Phase 1B project, which will be developed by the Demotide Consortium. Demotide will design, build and operate a 6MW turbine array, MeyGen Phase 1B, in…
News
National Grid prepares to manage 3-5GW of excess inflexible power in the summer of 2017
by New Power •
National Grid expects to have to manage excess generation of 3-5GW during the summer of 2017 and has announced plans to procure more so-called ‘footroom’ services to soak up the power overspill. Services will include a major expansion of ‘Demand…
News
Holyrood seeks views on management of Scottish Crown Estate
by Annabel Andrews •
The Scottish government has launched a 12-week consultation on the long term framework for the devolved management of the Crown Estate in Scotland. The devolution of the management and revenue of the Crown Estate in Scotland was recommended by the Smith…