Vulnerable energy customers could be £101 worse off by choosing ‘best buy’ energy deals from comparison sites, according to new research from energy auto-switching company Migrate. The company analysed the top 20 deals currently available and found that only three…
Author Archive for New Power
NGESO and Reactive Technologies to roll out real-time inertia measurement across the grid
by New Power • • Comments Off
National Grid ESO is to measure grid inertia across GB for the first time, using Reactive Technologies’ GridMetrix inertia measurement and analytics service, saying it was the first system operator in the world to adopt inertia measurement. It follows a successful innovation project.…
UK offshore wind terms ‘could exclude all but large utilities and oil and gas majors’ warns Mainstream chief
by New Power • • Comments Off
The UK has effectively excluded smaller companies from taking part in its future offshore wind projects, according to Andy KInsella, chief executive of Mainstream Renewable Power. In an exclusive interview with New Power Report Kinsella said that even though Mainstream…
NI compressed-air energy storage application withdrawn
by New Power • • Comments Off
Troubled Dublin-based green energy company Gaelectric has pulled the plug on its ambitious plans for a compressed air energy storage project in Northern Ireland. The company has withdrawn its planning application for the 330MW scheme earmarked for a site on Islandmagee…
RWE’s Aberthaw coal-fired plant to close
by New Power • • Comments Off
The Aberthaw B coal fired power station is to close. Owner RWE has proposed to close the 1,560MW plant on 31 March 2020. The company will transfer its Capacity Market agreements for 2019/20 and 2020/21 to third parties and a small proportion to other…
CMA to extend prepayment tariff cap as smart meter rollout heads for two-year delay
by New Power • • Comments Off
The Competition and Markets Authority (CMA) has decided to keep in place a tariff cap for pre-payment customers, It said ”conditions of competition in the prepayment segments have not improved materially,” and engagement among prepayment customers remains low. In addition, it…
Utilita to pay £175,000 for energy efficency failings
by New Power • • Comments Off
Utilita Energy is to pay £175,000 to the energy redress fund after it failed to meet its carbon reduction obligations under the Energy Company Obligation (ECO) fuel poverty scheme. Ofgem found that Utilita Energy failed to deliver its obligations for ECO2,…
ENWL owners sell 50% of northwest power network
by New Power • • Comments Off
Electricity North West owners First State Investments and J P Morgan Asset Management have agreed to sell 50% of the company to Equitix and a consortium led by Kansai Electric Power Co. The other consortium members are Daiwa Energy & Infrastructure Co.…
From the monthly Report: can new business models disrupt the supply market?
by New Power • • Comments Off
In the July issueof New Power Report we spoke to two companies with new business models for domestic users. Instead of selling kWh they are offering consumer energy goods like PV and batteries alongside power management – not just for…
SSE chief executive has three ‘asks’ for new prime minister
by New Power • • Comments Off
SSE chief executive Alistair Philips-Davis has written to incoming prime minister Boris Johnson with three priorities for a new government in the power sector if it wants to put the UK on track to be a net-zero country. Top of…