Janet Wood explores some of the natural phenomena that influence gas demand and supply Sometimes a glance out of the window will give you some clues as to gas demand. It’s simple enough to assume that on a cold…
Author Archive for New Power
Gas price recovery, CfD and RO increases, Covid debt, drive up price cap by £96
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From 1 April 2021 the energy price cap will increase by £96 to £1,138 for 11 million default tariff customers, and by £87 to £1,156 for 4 million pre-payment meter customers, Ofgem has annnounced. The hike returns the price cap to pre-pandemic levels, principally…
Closed schools mean faster installations for eEnergy ‘lighting as a service’ offering
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‘Energy efficiency-as-a-service’ business eEnergy Group saw revenues on ‘lighting as a service’ (LaaS) grow by 235% in the six months to end December 2020, to £6.6 million, compared to the period to December 2019. Overall revenue grew by 125%. The…
Good Energy founder Juliet Davenport to stand down as CEO, company to seek specialist in digital businesses
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Juliet Davenport is to stand down as chief executive of Good Energy and the company has appointed an executive search firm to recruit a new chief executive with proven experience in growing digital businesses. Davenport will become a non-executive director…
System Operator reinstates temporary ‘footroom’ option ODFM as it faces another low-demand Covid summer
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The GB electricity system may face operational stresses during the upcoming summer because demand remains supressed by Covid restrictions, according to system operator NGESO. It has announced plans to reinstate the Optional Downward Flexibility Management (ODFM) service, used last year as…
DCC celebrates connection of 10 million smart meters as mass adoption of 3 million early meters boosts total
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The DCC, the communications hub for the GB’s domestic smart meters, has reached 10 million connected smart meters. SmartGB confirmed that the milestone was achieved with the installation of an electricity smart meter at 10:47am on 1 February 2021 by…
Redcar energy from waste plant wins consent, looks to link with Net Zero Teesside CCS
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Planning consent has been granted for the 49.9MW Redcar Energy Centre. The £300M waste to energy facility is being developed by a joint venture led by Low Carbon Ltd and PMAC Energy Ltd, and will divert up to 490,000t of waste from landfill. Located on the…
Siemens ‘preferred bidder’ to supply and install turbines at East Anglia Hub offshore wind farms for ScottishPower Renewables
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Siemens Gamesa Renewable Energy is the preferred bidder to supply and install the wind turbines for ScottishPower Renewables’ has £6.5 billion East Anglia Hub offshore wind programme.The two companies worked together to deliver the East Anglia ONE offshore windfarm, which…
INTERVIEW: Stephen Stead, SSE Enterprise, prepares to bid aggregated response into Balancing Market
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SSE Enterprise is getting set to enter the Balancing Market . The Enterprise business sits alongside SSE Group’s networks businesses (distribution, transmission and an independent business that competes on new connections) and its supply arm. New Power’s Janet Wood talked to Stephen Stead,…
SSE steps up disposal of stake in gas distribution network SGN to build international renewables business
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SSE has appointed banks to review options for divestment of all or part of its stake in gas distribution network SGN and will decide on an approach and timings before the end of this financial year, it said in a…