Elexon has implemented a change in the Balancing Mechanism rules that will make it easier to use flexibility to balance supply and demand, instead of taking more expensive options. Independent aggregators play an important role in enabling flexible energy use,…
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Tomato Energy ceases to trade
by New Power •
Tomato Energy has ceased to trade. The supplier has around 15,000 domestic customers who will enter the Supplier of Last Resort (SoLR) process, and 8,000 non-domestic customers. Ofgem said customers’ energy supply will continue and funds that domestic customers have…
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Contract signings announced for Sizewell C project
by New Power •
Sizewell C has awarded a contract to Arabelle Solutions for supply and installation of two complete turbine islands. Arabelle Solutions is part of EDF Group, and it is currently installing the first of two turbine islands at Hinkley Point C.…
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Sizewell C reaches financial close
by New Power •
Sizewell C has reached financial close. The company said that following the successful conclusion of the equity raise and a Final Investment Decision in July 2025, it has confirmed £5 billion of debt raised through the BpifranceAE export credit facility,…
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Ørsted to sell a half-share of Hornsea 3
by New Power •
Ørsted has agreed to sell a half-share of its 2.9 GW Hornsea 3 offshore wind farm to Apollo-managed funds. Hornsea 3 is located 160 km off the Yorkshire coast. When the wind farm comes online, Ørsted’s Hornsea zone – comprising Hornsea…
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EV charger becomes flex asset number 200,000 on NG platform
by New Power •
An electric vehicle charger in Bridgend, South Wales, has become the 200,000th asset registered on Market Gateway, National Grid’s distribution network flexibility market platform. Launched in February 2023, Market Gateway allows entry into NG’s procurement to deliver local grid flexibility…
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NESO calls on industrial and commercial sector to sell flexibility services
by New Power •
The National Energy System Operator (NESO) has called on large industrial and commercial companies to get involved in electricity Demand Side Flexibility services. Demand Side Flexibility means energy users can get extra income from increasing, decreasing and storing energy, in…
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Carbon Budget and Growth Delivery Plan: the industry responds
by New Power •
Toby Perkins MP, Chair, Environmental Audit Committee,: “I welcome the publication of this updated plan that spells out more around how the government intend to deliver on the UK’s legally binding emissions targets. This is a critical step in reassuring…
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Drax adds battery projects to FlexGen portfolio
by New Power •
Drax has agreed to acquire three battery projects from Apatura Limited totalling 260MW. The two of the ‘ready-to-build’ sites are in Scotland and one is in Northern England. Construction on all three sites is expected to commence in 2026. One…