The Department for Business, Energy and Industrial Strategy (BEIS) has launched the fifth round of its Energy Entrepreneurs Fund, which will offer £9m in capitals grants to to support the development of innovative technologies in the areas of energy efficiency, power generation,…
News
Re-examine grid and trading rules to save £5 billion a year on system operation costs, says Policy Exchange
by New Power •
Maximising flexibility could reduce the cost of managing a decarbonised electricity system by £5 billion per year, Policy Exchange says in a new report, Power 2.0. That figure has been estimated by Imperial College researchers, it says, but but under…
Longread
Project Nexus: June go-live ‘looks feasible’
by New Power •
Could Project Nexus finally have a reliable ‘go-live’ date? Plans to switch over to the new gas industry settlement system in June 2017 – delayed from April – “look feasible”, industry sources told New Power. Contingency plans could push that…
News
NIC wants views on national infrastructure needs up to 2050
by Annabel Andrews •
The National Infrastructure Commission is seeking views to help shape the country’s first ever National Infrastructure Assessment. As well as questions on issues that cut across all types of infrastructure, such as resilience, the commission wants views on the following…
Longread
Expert Forum: government must take the lead on resilience. What’s your opinion?
by New Power •
One respondent to New Power’s latest Expert Forum survey, in which we asked about resilience issues, said: “Resilience issues for us are about data safety and communications. Very little else.” But few resilience risks can be considered in isolation. Who…
News
JDR to produce 242km of cables for Hornsea offshore wind farm
by Annabel Andrews •
JDR Cables in Hartlepool will design and manufacture nearly 250 kilometres of subsea power cables for Hornsea Project One, 120 km off the Yorkshire coast. The contract – which is the largest array cable award in JDR’s history – will see the company design and manufacture 242km…
News
European utilities ‘ready to slash prices to get thermal and upstream assets off the books’
by New Power •
European utilities want to sell assets and the price they are prepared to sell for has fallen, according to a new report from EY. EY’s annual benchmarking report on European utilities’ asset impairments said, “power and utilities companies will ……
News
Long term decisions needed on new and existing networks, says ETI
by Annabel Andrews •
The UK will need to upgrade the current networks infrastructure if it is to create a low carbon energy system, according to a new report from the Energy Technologies Institute (ETI). Current governance and regulatory frameworks are not designed to…
Flash update
First Capacity Market notice posted
by New Power •
A Capacity Market Notice was issued on 31 October for the first time. The notice – which this year covers just a small amount of demand side response – was raised at 12.06pm for 4.30pm and at 6.53pm cancellation was…