The ‘go-live’ date for a new Single Electricity Market (SEM) across the Republic of Ireland and Northern Ireland, dubbed I-SEM, could be delayed by eight month st May 2018. The existing SEM is being ‘rebuilt’ so it is consistent with…
News
Baringa Partners to lead new project on the future of UK biomass logistics
by Annabel Andrews •
ETI has chosen energy consultancy Baringa Partners to lead its new bioenergy project, which will examine the future of biomass logistics in the UK. The six month project will model the logistics requirements of different future bioenergy scenarios, identifying commonalities…
News
Waste-to-gas plant to help ‘green’ gas network
by New Power •
National Grid Gas Distribution, Advance Plasma Power, and Progressive Energy have joined forces in a plant that uses 10,000t household waste each year to produce substitute natural gas. The gas will be used to fuel heavy goods vehicles and injected…
News
£1.35m for low income pensioners in 2015-2016 Warm Homes Discount scheme
by Annabel Andrews •
Low income pensioners received over £1.35m rebates as part of the £320m Warm Homes Discount last year. The 11 obligated energy suppliers provided the budgeted £320m worth of eligible support in the fifth year of the scheme, from 1 April 2015 to 31 March…
News
Ovo hikes electricity price following commodity cost rises
by New Power •
Ovo has announced a hike in its Pay Monthly Simpler (variable) tariff with effect from 10 January 2017. The company said it was “due to a steady increase in wholesale commodity costs for both electricity and gas.” It said, “Since…
News
Feed in Tariff queue stretches to second quarter of 2018
by Annabel Andrews •
Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the second quarter of 2018, according to new figures released today. The latest information from Ofgem showed that there are currently 52 generators applying for…
News
Greencoat Wind raises £147m in share issue
by Annabel Andrews •
Renewable infrastructure fund Greencoat UK Wind has announced gross issue proceeds of £147m after an oversubscribed capital raise. The firm, which invests in operating UK wind farms announced the second issue of its share issuance programme on 25 October. Today,…
News
Three new interconnectors to be allowed ‘cap and floor’ guaranteed return
by New Power •
Ofgem has agreed that three projects submitted in its interconnector ‘application window’, which closed on 31 October, are eligible for the ‘cap and floor’ regime. The regime provides a guaranteed return for the project from electricity consumers’ bills, but caps…
Flash update, Longread
‘Emerging’ power technology? Act today to avoid new grid response requirements
by New Power •
Today is the deadline for companies developing new power technologies to apply to be classified as ‘emerging technologies’ and avoid strict new requirements on how they interact with the grid and provide grid services. Ofgem’s information for emerging technologies applying…