Drax shareholders have approved plans to acquire business energy supplier Opus Energy with 83% voting in favour. The £340 million acquisition will now be completed tomorrow (10 February). Drax’s board said Opus will enhance Drax’s retail offering “by combining the…
News
E.On plans fast-charging electric vehicle network across Europe
by New Power •
E.On has announced plans for a partnership with Danish e-Mobility service provider Clever to roll out ultra-fast charging stations for electric vehicles (EVs) along European motorways. The partners want to install several hundred charging locations across Europe, placed every 120-180km…
News
Ofgem invites innovators to experiment in ‘regulatory sandbox’
by Annabel Andrews •
Ofgem has invited expressions of interest for a regulatory sandbox, which will allow innovators to trial business propositions without incurring all of the usual regulatory requirements. In an open letter, Pamela Taylor, who heads up the regulator’s Innovation Link service, said: “We…
News
Wind generators to queue until October 2018 for Feed in Tariffs
by Annabel Andrews •
Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2018, according to new figures released today. The latest information from Ofgem showed that there are currently 52 generators applying for…
News
Ofgem announces price caps for pre-payment customers
by New Power •
Ofgem has published gas and electricity price caps for customers using pre-payment meters. The caps apply to electricity and gas and vary between regions (because network charges vary) and between types of meter (eg for those on Economy 7 tariffs).…
News
Electric vehicles: ‘perfect storm’ could see consumer boom
by New Power •
Government projections that there will be two million electric cars on the road by 2020 are understated, says Tim Payne, chief executive of new fast-charging company InstaVolt. In a New Power interview Payne says there is a ‘perfect storm’ of…
Flash update
Do you have an opinion on research funding for flexible energy technologies? Innovate UK wants views by today
by New Power •
Organisations are invited to respond today to an online survey on how a new research fund should be used. The new Industrial Strategy Challenge Fund (ISCF) was announced alongside the Green Paper setting out plans for an Industrial Strategy on…
Perspective
OPINION: Take the Brexit opportunity to engineer a better energy landscape
by New Power •
Chris Evans, deputy managing director at Rolton Group, says this is a good time to reassess our steps towards a low-carbon economy, broaden our technology choices, and move heat up the agenda The start of 2017 has not alleviated the…
News
Dong Energy to phase out coal by 2023
by Annabel Andrews •
Dong Energy has announced it will convert all its remaining coal-fired power stations to biomass by 2023. “We’ve decided to take the final step and phase out the use of coal at all our power stations. The future belongs to…