The energy sectors being held back by outdated policy obsessions that have dominated and distorted policy making and regulation for too long, says a new report by Challenging Ideas and Imperial College Business School. The group wants to sweep away easy…
Author Archive for New Power
Shell invites low-carbon innovators to apply for funding
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Low carbon enterprises have until 6 November to apply for funding from Shell’s ‘Springboard’ competition. Up for grans is a national prize of £150,000, plus a further five regional awards worth £40,000 each. Shell UK country chair Sinead Lynch said:…
BEIS opens £10 million funding competition for energy entrepreneurs
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The Department for Business, Energy and Industrial Strategy (BEIS) has opened Phase 6 of the Energy Entrepreneurs Fund for applications. The fund is a competition that supports development and demonstration of state of the art technologies, products and processes in…
Industry ‘must rethink IT strategy’ to get value for money, says Xoserve chief
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The energy industry could get more value for money from its big technology programmes by copying the approach of other sectors and “bleeding dry” its existing systems. That is the view of Xoserve chief executive Sian Baldwin, who has joined…
OPINION: Future Energy Scenarios reveal looming failures over security of supply
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Mark Howitt argues that the government’s measures are failing to provide secure power over the long term National Grid’s 2017 Future Energy Scenarios, which set out four ways energy could evolve to 2050, only has one scenario – Two Degrees…
Price caps: the industry responds
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The government will today publish new legislation that will allow it to take powers to direct Ofgem to set a price cap for all energy customers. Meanwhile Ofgem has published proposals to extend its price cap for vulnerable customers. Legislation and…
Innogy takes full ownership of Triton Knoll
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Innogy has acquired Statkraft’s 50% stake in the 860MW Triton Knoll offshore wind farm, making it the project’s sole owner. But Innogy chief operating officer Hans Bünting said it may not stay that way, commenting, “With full control over Triton Knoll, we…
KiWi Power financing behind-the-meter storage, seeks more sites
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Demand side response aggregator KiWi Power is rolling out behind-the-meter battery storage on commercial and industrial sites. It has developed and financed a 4MW lithium-ion battery to be located at Cenin Renewables, Parc Stormy in Bridgend, South Wales. The battery will…
National Grid Gas wants innovation ideas for gas network: £20M funding up for grabs
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National Grid Gas Transmission (NGGT) has launched a call for ideas for innovation in the gas network, for the 2018 Network Innovation Competition (NIC). NGGT will review proposals to decide which to submit for the NIC competition. The proposals will be…
ACER calls on TSOs to look beyond national interests to get more from interconnectors
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The European electricity market is not fully using its interconnector capacity, so prices are higher in some regions than they need to be, the Agency for the Co-ordination of Energy Regulators (ACER) has concluded. In its annual ‘market monitoring’ report…