Siemens has signed a partnership agreement with UK100, a network of 94 UK mayors and council leaders, to work with the Department of Business, Energy and Industrial Strategy (BEIS) to bring together financing from local authorities, private capital and government investment…
Author Archive for New Power
Pensions trustees face new requirement: invest with climate change risk in mind
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UK pension funds are looking for investments in green energy, Doug McMurdo, chair of the Local Authority Pension Find Forum, told a fringe meeting at the Conservative Party conference. He told the audience that with £250 billion under management…
Upgrade will add 40MW and flexibility at Shoreham power station
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Shoreham power station is set to be upgraded. GE announced that Shoreham’s owner, Drax Power, has invested in its gas turbine upgrade package for the power station near Brighton. GE will perform an enablement inspection in 2019 to allow operation…
Outfox the Market told to moderate advertising claims – comparison sites ‘not proof’
by New Power • • 1 Comment
An energy supplier has been told by the Advertising Standards Agency not to run ads claiming to be the cheapest in the UK, partly because of the limitations of comparison sites. The ASA told Outfox The Market that it could…
ATOL v SOLR
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Watching the huge effort being put in to manage the thousands of Thomas Cook travellers affected by the company failure, it is probably a good time to compare ATOL, the Air Travel Organisers’ Licensing scheme, and energy companies’ supplier of last…
Labour promises £83 billion investment in offshore wind with majority public ownership
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Majority public ownership in a fleet of 37 new offshore wind farms, each 1.1GW in size, with the profit recycled into new renewables and the built infrastructure: that was the promise from shadow secrtary fo state Rebecca Long-Bailey announced at…
ESO announces timetable for Mersey reactive power service tenders
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National Grid ESO is set to run two tenders to procure winter reactive power services in the Mersey area. The first – short term – tender will seek offers to supply from April 2020 and will open on 14 October…
Labour plans publicly-owned electric vehicle charging network
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There will be ‘more to come’ on renationalising public services in Labour’s next manifesto, Rebecca Long-Bailey, Shadow Secretary of State for Business Energy & Industrial Strategy, promised a fringe meeting on public ownership at the Labour Party Conference. “We want regional…
Gemserv offers online access to Smart Energy Code
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Gemserv has digitised the Smart Energy Code – the contract that sits at the heart of the smart meter roll-out. It has launched a code management platform – CodeWorks – where parties can interact with code documentation, filter for information that is relevant…
SEEIT invests in Spanish CHP
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Energy efficiency investor SDCL Energy Efficiency Income Trust has agreed to acquire a €64 millionportfolio of cogeneration assets in Spain. Nine operational projects provide in aggregate 125MW, comprising five combined heat and power (CHP) plants, two olive processing plants and…