Water regulator Ofwat wants to hear evidence from energy companies, among other water users, on proposals to introduce bilateral trading of water. The Water Act 2014 allowed for upstream competition, with the aim of encouraging new entrants to offer alternative…
Author Archive for New Power
Shift: UKPN’s EV charging market trial to begin recruiting in August
by New Power • • Comments Off
Up to 1,000 electric vehicle owners will be offered financial incentives to charge their vehicle off-peak in a new trial of a market-led approach to smart charging. UK Power Networks has launched the trial, called Shift. It aims to develop a large-scale,…
What’s your view? Open Networks seeks feedback on register of distributed resources
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Electricity networks have asked for feedback on what is required from a ‘system wide resource register’ that will provide comprehensive information on the distributed energy resources (DER) that are connected to distribution networks. A product team has been developing options to…
Net zero: ‘no role’ for carbon tax but local energy planning could be key for heat futures
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The UK’s new ‘Net Zero’ target has “a wonderful simplicity … because we have to decarbonise everything. There are no excuses. You have to look at every sector and find out how we are going to get the carbon out…
What’s on the ‘wish list’ for a new energy minister?
by New Power • • 1 Comment
No matter what happens with Brexit, the UK will soon have change at the top: at least a change of leadership for the Conservatives, and possibly a general election with the potential for a change of government. Times are changing…
Speed up new markets, networks told, as BEIS and Ofgem look for ‘tangible changes’
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“Further change is needed to deliver an energy system fit for the future”, BEIS and Ofgem have told energy networks, in a letter asking them to go further and faster in accomodating distributed and flexible energy assets and promoting new…
Ofgem puts RAB funding model among ‘key tasks’
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Developing a framework that would allow new nuclear to be delivered under a regulated asset base (RAB) financing model is a key task for Ofgem in the period to 2023, the regulator has said. Government is expected to publish a consultation…
Public Accounts Committee: sector regulators are failing consumers
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Regulators in the energy, water, telecoms and financial service sectors take different and often inconsistent approaches to tackling consumer issues and have not made enough progress in working together, according to a new report from the Public Accounts Committee. What…
Is it time to re-examine the regulatory model?
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With questions being asked over the UK’s infrastructure by the Treasury, green groups, the National Infrastructure Commission (NC) and citizens’ groups, pressure for public ownership from the Labour Party and calls for local authorities to have a bigger role, the…
BEIS raises 2020/21 ‘top up’ capacity auction target from zero to 300MW
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National Grid ESO should procure 300MW of generation capacity in a ‘T-1′ Capacity Market auction for delivery in the winter of 2020/21, BEIS has said, although capacity estimates say it is not required. BEIS has been more cautious than the…