Ofgem has sounded a warning to the new Electricity System Operator (ESA), currently being spun-out of National Grid, that it expects it to be proactive in fostering transparent markets and competition in the industry. The warning came as Ofgem decided…
Author Archive for New Power
Uskmouth plant to be converted to burn plastic waste pellets for 20 years
by New Power • • Comments Off
Simec Atlantis Energy is to fuel its 220MW plant in Uskmouth, Wales, with pellets made from a combination of biogenic waste and non-recyclable plastic. The pellets are supplied by Dutch manufacturer N+P Group and have an average calorific value…
Innogy sells minority stakes in Triton Knoll
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Innogy Renewables UK has announced plans to sell 41% of its Triton Knoll offshore wind farm. It will sell 25% to JElectric Power Development of Japan (operating under the name J-Power), through its subsidiaryJP Renewable Europe Company, and 16% to…
Limejump enters virtual power plant into balancing market
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Limejump’s ‘virtual power plant’ (VPP), has gone live on the Balancing Mechanism (BM) market – the first time an aggregated unit has been admitted to the balancing market. Previously, the BM has largely been the domain of large power plants and specific…
Should the ‘market making’ obligation be suspended?
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Ofgem wants industry views on whether to suspend the obligation on major energy companies to ‘market make’ – ie guarantee to offer prices to companies seeking to buy or sell power in the marketplace. Ofgem had already begin to review…
Gas pipeline break could cause industrial shutdowns and gas price shocks – but should consumers pay for a replacement? Ofgem asks for views
by New Power • • 1 Comment
What’s the biggest risk to the UK’s gas supply? Arguments abound: over whether exposure to the diversity of a global LNG market is more resilient than when we relied on our own continental shelf; over how Brexit will affect imports…
Capacity Market could be open to unsubsidised renewables next year
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How can unsubsidised renewables and hybrid projects be included in the Capacity Market (CM)? A new consultation from BEIS seeks ways to achieve that aim in time to include them in the CM auction at the end of 2019. The change…
OPINION: Do we need to redefine the social contract between utilities and consumers?
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Karma Loveday says trust and confidence are necessary for all public-private utilities and asks whether the current relationship can be repaired Utilities, because of their public-private nature, are highly visible to political and media scrutiny. Since privatisation in England and…
Thrive signs supply deal with neighbour Bristol Energy
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Thrive Energy is to provide 0.8MW of renewable wind power to Bristol Energy, the two Bristol-based companies have announced today. The deal follows a similar agreement for hydropower in winter 2017. Bristol Energy has purchased the renewable electricity produced by Thrive’s Clayfords single-turbine wind site near Strichen…
Price cap revision allows suppliers to raise prices by £47
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Ofgem has raised the price cap by £47/year for dual fuel customers, saying that wholesale gas and electricity costs have risen since the level was last updated in February. “This is mostly due to the global rise in oil prices feeding…