The European Bank for Reconstruction and Development (EBRD) has called for a step change in investment in renewable energy. It said competition had resulted in cost reductions that meant it was often the cheapest option. Harry Boyd-Carpenter, EBRD director, head…
Author Archive for New Power
IGEM takes on hydrogen standards project
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The Institution of Gas Engineers & Managers (IGEM) is to develop hydrogen standards for the government’s £25 million research and innovation programme. The Hy4Heat programme is a feasibility study into the use of hydrogen for heat in UK homes and…
Hydropower company wants local investors
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A hydropower company is seeking investors to join development of a suite of community projects. Eventually, the Highland Community Energy Society wants the general public to join to purchase a community stake amounting to £1.89 million in total in six…
System Operator seeks BM and non-BM reactive power providers for South Wales and Mersey
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National Grid’s Electricity System Operator (ESO) has opened the process of contracting for reactive power services over the next two winters, publishing ‘requests for information’ from providers. For the first time the service can be offered by providers that do…
National Infrastructure Commission opens study of regulators
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The National Infrastructure Commission has begun a study of regulation of the UK’s energy, telecoms and water industries. The NOC said the study would examine how the regulation could ”ensure the necessary levels of investment and innovation whilst these critical…
Industry governance: a risk-based approach could cut reliance on slow ‘code panels’
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The UK energy industry is undergoing huge change. In this thought leadership piece, Gemserv asks proposes a new ‘two-state’ approach that focuses on managing risk appropriately and lifts the burden of ‘code panels’:
Smart meter installations are slowing, reveals industry data
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The number of smart meters being installed has been falling over the last three months and the installation rate is lower than this time last year, according to new figures from industry body Electralink. The body provides monthly rollout data…
UK Power Networks to open two flexibility tenders in Q1 2019. Register your interest
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UK Power Networks has announced plans to procure more than 100MW of flexibility services from distributed energy resources. The distribution network operator (DNO) plans to create 25 ‘Flexibility First’ zones across its three licence areas, using the Piclo online platform (formerly known as Open Utility). Piclo…
‘Smart data’ review seeks input
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Government has announced a ‘smart data’ review intended to use new data-driven technologies and services to improve the consumer experience in regulated markets. The review, jointly launched by the DCMS and BEIS, said consumers struggle to identify the best deals for…
Electricity North West on negative ratings watch over lower returns in RIIO2
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Ratings agency Moody’s has reacted to Ofgem’s plans to cut returns to network companies by placing a ‘negative’ outlook on the rating of Electricity North West (ENWL) and its parent, because of the companies’ high leverage and borrowing costs. Moody’s said ENWL’s…