Talk of time of day tariffs sometimes hit an impasse when the amount of money that customers can save by moving out of peak time is calculated. It’s often just pennies. But there is no need for the industry to…
Author Archive for New Power
RSPB Scotland denied appeal over offshore wind farm
by New Power • • Comments Off
Work is expected to start next year on a major offshore wind farm in the Firth of Forth, after RSPB Scotland was denied permission to appeal an earlier go-ahead. Developer Mainstream Renewable Power welcomed a decision by the Court of…
Uniper’s UK chair Felix Lerch talks about restructuring and repositioning the company
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Job losses at Uniper, the fossil fuel and commodities company spun out of E.On, will continue until the end of the year, admits UK chair Felix Lerch. He told New Power in a wide-ranging interview that streamlining the company is…
OPINION: Contracts for difference – or for a different kind of wholesale market?
by New Power • • 3 Comments
Contracts for difference are a small part of the wholesale market now, but soon they will be affecting market behaviour, argues Mark Meyrick Under the government’s Electricity Market Reform, its replacement for the Renewable Obligation is now upon us. The…
Foresight opens smart meter investment fund
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Foresight Group is launching a Smart Bonds Fund to invest in the UK roll-out of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent installed smart meters to UK energy suppliers. Investors…
Lords committee to consider energy security implications of Brexit
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A House of Lords select committee has launched an inquiry into the implications of Brexit for energy security in the UK. The EU Energy and Environment Sub-Committee said UK and the EU have common energy needs, and rely on common…
Siemens and AES join to launch global storage company
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Siemens and AES have agreed to form a global energy storage technology and services company under the name Fluence. It will combine the AES Advancion and Siemens Siestorage energy storage platforms. Siemens and AES will each hold 50% of the…
Future Energy Scenarios: National Grid retires ‘Gone Green’ option
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National Grid is no longer using ‘Gone Green’ as one of the four ‘Future Energy Scenarios’ it uses in long term planning for the network. It has changed to a scenario, named ‘Two Degrees’, that meets the UK’s 2050 carbon…
An electric vehicle charging point could be a real convenience
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We love convenience stores – McColls, Budgens, Best-In, Spar, KeyStore, Costcutter and many more. This is where many of us are regularly doing local shopping, browsing the magazines and newspapers, and generally spending 20 minutes of our time. Even in…
Ofgem investigates British Gas over switching
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Ofgem has acted on concerns raised by consumer affairs website Money Saving Expert, and opened an investigation into British Gas over switching. The regulator is investigating whether British Gas failed in its obligations to customers, including the requirement to waive…