Consumers could break away from having a single supplier for all their power by the start of 2020. An industry change that could take effect by then will mean customers can take some of their power from another supplier, such…
Author Archive for New Power
Gas Industry Awards – nominate now
by New Power • • Comments Off
Nominations are open for the Gas Industry Awards, organised by IGEM and the Energy & Utilities Alliance. The awards will be announced at the annual lunch on 15 May in London. Nominations must be submitted before 1 March in the following categories:…
What has the Capacity Market ever done for us?
by New Power • • 1 Comment
What has the Capacity Market (CM) ever done for us? The Capacity Market certainly has not done what it was intended to do – bring forward large new gas-fired power plants. But it has done what it was not intended…
Capacity Market: two options to resume payments in Q1, BEIS seeks views by 10 January
by New Power • • Comments Off
The industry should have more certainty by 10 January over how suppliers’ obligations to make Capacity Market payments will be reinstated. The Department for Business, Energy and industrial Strategy says it is ‘minded to’ restart collections, so that Capacity Market…
Northern Powergrid details 2019/20 flexibility needs
by New Power • • Comments Off
Northern Powergrid has provided more details of its plan to procure flexibility for use next winter and is seeking expressions of interest (EOIs) from potential providers. The company is seeking flexibility assets of 100kW or more to deliver up to…
Developers invited to give their views on how to ease connections to electricity networks
by New Power • • Comments Off
Electricity networks have asked for customer feedback before the last week in January on how to manage new resources that want to connect to the network, and the points under review will be under discussion in a webinar on 10…
Roosecote battery enters service
by New Power • • Comments Off
Centrica Business Solutions has brought online its 49MW battery at Roosecote battery in Cumbria. It is part of Centrica’s £180m investment into flexible power which also includes a refurbishment of King’s Lynn power station, plus two fast response gas-fired power…
British Gas to challenge price cap as cheap energy deals fall away
by New Power • • Comments Off
British Gas owner Centrica has launched a challenge the way the price cap is calculated. The cap, on standard variable tariffs, is due to take effect on 1 January. The regulator had planned to use the wholesale price for April…
Ofgem’s RIIO2 proposal on cost of capital: the industry responds
by New Power • • Comments Off
David Smith, chief executive, ENA: “It’s important that the public and the country as a whole benefit from the changes that are sweeping across the country’s energy system, but much more work still needs to be done by the regulator to…
Lords committee complains over lack of BEIS analysis over carbon and power costs in ‘no-deal’ Brexit
by New Power • • Comments Off
Members of a House of Lords committee told energy and climate minister Claire Perry it was “extremely disappointing” that her department had not assessed how a UK exit from the EU Emissions Trading Scheme on 29 March would affect the…