Zouk Capital has entered exclusive negotiations with the government to manage the £400 million Charging Infrastructure Investment Fund (CIIF), one of a a package of measures aimed at helping to increase the uptake of electric vehicles. CIIF will match £200 million raised from…
Author Archive for New Power
Utility chiefs set out programme to make workforce more diverse
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Chief executives from 32 energy and utilities employers have launched a long-term commitment to attract more diverse and inclusive talent into the industry. The Energy & Utilities Skills Partnership, led by sector employers, recognised the gap in its Workforce Renewal…
OPINION: RIIO2 must deliver skills resilience for energy
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There is a gap at the centre of energy skills strategy. It needs a strategic approach at least equal to the industries that rely on it, says Nick Ellins, Group chief executive and chief executive of the National Skills Academy for Power Energy and…
North Wales DCOs: network delay request, nuclear application continues
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National Grid has proposed a slowdown in the process to gain a development consent order (DCO) for the North Wales Connection, a new transmission line prompted by the planned Wylfa Newydd nuclear reactor on Anglesey. The transmission owner has written…
Bristol Energy joins Energy Systems Catapult to offer ‘heat as a service’
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Bristol Energy has become the first energy supplier in the UK to trial selling ‘heat as a service’, offering households the chance to buy a tailored ‘Heat Plan’. The government-backed trial is being run by Energy Systems Catapult. Heat Plans provide consumers…
EDF Energy to close coal-fired station at Cottam
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EDF Energy has announced that generation will end at its 2000MW Cottam coal-fired station on 30 September. Its remaining coal-fired station, 2000MW West Burton A, has Capacity Market agreements in place for three of the four units util September 2021. EDF…
Price cap rises by £117: the industry responds
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From 1 April, the levels of the default tariff price cap will increase by £117 and pre-payment meter cap by £106 to reflect higher costs, Ofgem has announced. Of that increase, £74 is related to wholesale price increases, and £43 for networks and policy. The…
Industry groups call on secretary of state to step in over charging reforms
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Energy trade associations from the decentralised and decarbonised renewables sector have warned the government that Ofgem’s charging reforms are putting at risk a more flexible, low-carbon energy system. In a letter to secretary of state Greg Clark MP the ADE, Beama,…
Smart meter installations slow
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Smart meter installations fell by 35% in December – the biggest month by month fall since 2012, according to figures on electricity meter installation provided by industry body Electralink. The worst area affected was South Scotland, with a 41% month-on-month…
BSC recommendation gives steer over Capacity Market levies but uncertainties remain
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The BSC (Balancing and Settlement Code) panel has recommended that Ofgem approve a modification that would allow Capacity Market levies to be collected from suppliers, and held I escrow until the future of the CM becomes clear. The regulator has…