WPD has agreed to reduce the funds it collects from customers by £77 million, because of delays to rail electrification in its region. The electricity distribution network operator (DNO) was to use funding of £96 million to divert power lines…
Author Archive for New Power
Reopening electricity networks price control could cost more than it saves, says Ofgem
by New Power • • Comments Off
Ofgem has decided not to carry out a mid period review (MPR) of electricity network companies’ price controls. The decision means that local networks will continue under the current settlement, which governs the revenue they can collect from consumers and…
Public Accounts Committee raises ‘grave concerns’ over BEIS preparation for Brexit
by New Power • • Comments Off
The Public Accounts Committee has said it is ‘alarmed’ over the Department for Business, Energy and Industrial Strategy’s planning for Brexit. The PAC said that although BEIS’s work streams were among the most affected of any department, it has made little…
Blyth to host five-year test programme for GE’s 12MW wind turbine
by New Power • • Comments Off
GE Renewable Energy and the Offshore Renewable Energy (ORE) Catapult have signed a five-year research and development agreement to test and develop next-generation offshore wind technologies. GE’s Haliade-X 12MW offshore wind turbine and existing Haliade 150-6MW will undergo testing at…
Elexon offers online ‘dashboard’ to help prepare for cashout changes next winter
by New Power • • Comments Off
Ban Mac, market analyst at Elexon, invites readers to make use of the settlements company’s new ‘dashboard’ to prepare for next winter’s system cash-out price changes The way in which Elexon’s system price (cash-out price) is calculated is changing. Expect…
Northern Ireland’s renewables industry calls for ambitious long-term decarbonisation strategy
by New Power • • Comments Off
The Northern Ireland Renewables Industry Group (NIRIG) has published an energy strategy to decarbonise the energy sector by 2050. The group said Northern Ireland’s current Strategic Energy Framework has achieved rapid growth in low-carbon electricity and the signs point to reaching a target of 40%…
SSEN to work with Open Utility on DSO transition
by New Power • • Comments Off
Scottish and Southern Electricity Networks (SSEN) is to work with software company Open Utility, to learn from and participate in its smart grid platform. SSEN said in its evolution to a distribution system operator (DSO) it will create potential for peer-to-peer and…
Ovo launches suite of electricity flex products with battery, vehicle-to-grid and heat control options
by New Power • • Comments Off
Ovo has launched a suite of technologies that will allow it to aggregate domestic customers’ flexibility in charging electric vehicles and transferring power between vehicle, domestic storage and the grid. The company also launched a remote switch for electric storage…
Total acquires Direct Energy to become major supplier in France and Belgium
by New Power • • Comments Off
Total has become a major power supplier in France and Belgium with the acquisition of Direct Energie, paying €1.4 billion. Patrick Pouyanné, chair and chief executive of Total, said “Total is actively pursuing its development in electricity and gas generation and…
OPINION: We must help innovators take the next step
by New Power • • Comments Off
Energy sector investment adviser Brendan Bilton argues that a support network – and money – will help developers cross the ‘valley of death’ The UK is failing new technology developers that have passed the “proof of concept” phase and are ready to…