ITM Power, which produces hydrogen for use in vehicles, has announced a plans to raise £25 million in a new share offering to existing shareholders and a further £4.4 million through an open offer. The placing is being conducted by…
Author Archive for New Power
Energy Systems Catapult calls for network-test partners – register your interest
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Companies have been asked to register interest now if they want to take part in preliminary network testing for the future energy network. The call has come from the Energy Systems Catapult and the Power Networks Demonstration Centre (PNDC) in Strathclyde. The…
Blockchain platform developer aims to offer direct energy trading
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The government’s Energy Entrepreneurs Fund has awarded funding to energy tech company Electron to show that blockchain can transform the market for balancing the electricity grid. The grant will enable the company to scale and integrate a blockchain trading platform…
AD plant in Dagenham to feed gas grid
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A £32 million plant anaerobic digestion (AD) plant has been completed in Dagenhamfor food waste recycler ReFood (UK) Ltd to take food waste in the south of England. The gas to grid (G2G) facility can accept 160,000 tonnes of food waste…
CMA: price comparison sites should be regulated alongside energy suppliers
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The government should look to bring digital comparison tools (DCTs) like price comparison websites into ‘into regulators’ scope’ in energy and telecoms, the Competition and Markets Authority (CMA) has recommended. It said, “Where regulation of suppliers’ sales and marketing activities…
Anesco opens subsidy-free PV/storage project
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A new solar farm to be opened today by Claire Perry MP, Minister for Climate Change & Industry, is claimed to be the first solar farm in the UK to operate without a government subsidy.The 10MW farm at Clayhill near Flitwick…
Carbon Intensity forecast combines National Grid and Met Office data: app developers invited
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National Grid, in partnership with Environmental Defense Fund Europe and WWF, has developed a Carbon Intensity forecast for the GB electricity system, with weather data provided by the Met Office. The forecast predicts the likely carbon intensity of power on…
Ofgem seeks industry feedback on switching improvements
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Ofgem wants customers to be able to switch energy supplier reliably in one day by 2020 and is planning to produce a work programme in 2018 to deliver that objective. Now it has asked the industry for views on the…
OPINION: Electric vehicles’ next big step is off-grid
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Dr Peter Harrop of IDTechEx argues that electric vehicles will only trouble the grid temporarily. Soon they will have other power sources. Organisations fear the effect of electric vehicles on the grid – but they should not be concerned.…
E.On promises to roll customers off SVTs
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E.On has promised to replace its standard variable tariff (SVT) with a fixed term tariff, initially for smart meter customers. People having a smart meter installed will be offered a one-year fixed tariff. Existing smart meters customers will also be…