Ofgem revealed plans today that will extend price caps to vulnerable customers and prompt more customers to switch. Some of the measures had been in train following remedies required by the Competition and Markets Authority, while government pledges to protect…
Author Archive for New Power
Time to wake up, for energy companies who still think they are in a cosy government-led club
by New Power • • Comments Off
Hearing presentations at Powergen Europe this week makes it clearer than ever that the old power industry has to change. The industry is enthusiastically behind a new interest in electrification of transport and heat, which is necessary if we are…
Upgrade at RWE’s Great Yarmouth plant will increase flexibility and output
by New Power • • Comments Off
RWE has announced plans for an upgrade at its Great Yarmouth power station in Norfolk, that will increase efficiency by 2% and output by 6% (21MW). The upgrade will also allow the plant to operate more flexibly and increase its…
National Infrastructure Commission chair calls for an end to government ‘dither and delay’, highlights four energy decisions
by New Power • • Comments Off
The National Infrastructure Commission has joined with the Confederation of British Industry, the British Chambers of Commerce and the Federation of Small Businesses to press the government to take urgent action on a dozen key infrastructure decisions – a third…
OPINION: We can all win in the energy transition – get involved
by New Power • • Comments Off
Ahead of the Erasmus Energy Forum, meeting in Rotterdam on 28-29 June, Volker Beckers and Wolf Ketter argue that we need a joint understanding of the need for energy transition and how to implement the necessary changes. Once that is…
National Audit Office: Hinkley Point C deal locks consumers into risky and costly project
by New Power • • Comments Off
The Department for Business, Energy and Industrial Strategy’s deal for Hinkley Point C has locked consumers into a risky and expensive project with uncertain strategic and economic benefits, says a new report from the National Audit Office (NAO). When the…
Wessex Water acquires auto-switch company Flipper
by New Power • • Comments Off
Wessex Water has acquired auto-switch company Flipper. David Elliott, Wessex Water Group director of strategy and new markets, said: “Both Wessex Water and Flipper have the same vision to ensure customers are provided with excellent and affordable services. He added,…
Centrica sells two CCGTs to EPH
by New Power • • Comments Off
Centrica is to sell two operating combined cycle gas turbine (CCGT) power stations, Langage and South Humber Bank, to EP UK Investments Ltd. The plants have a combined capacity of 2.3GW. The sale, which is subject to EU merger clearance and…
Rough storage reaches final closure
by New Power • • 1 Comment
Centrica has announced that the Rough offshore storage facility, the UK’s largest gas store, will not reopen. The site has reached the end of its life and in any case, its owner said, reopening the store would not be economic.…
Ofgem to go ahead with Triad benefit cuts, plans three-year phase-in
by New Power • • 1 Comment
Ofgem has confirmed its ‘minded to’ proposal to reduce the ‘embedded benefit’ small electricity generators receive for producing electricity at peak times. The regulator said the payment cost customers around £370 million last year. Ofgem has decided to accept an…