The future of European energy depends on flexibility. This calls for a regulatory rethink based on a grand bargain between all players, says Simon Hobday, partner at Osborne Clarke If the future’s bright, the future’s flexible. The two go…
Author Archive for New Power
Engie exits Moorside nuclear project
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Engie has announced it is withdrawing from NuGen, the company that plans to build three Westinghouse AP1000 reactors at Moorside in West Cumbria. It said NuGen is “facing some significant challenges” and as a result Engie would exercise its rights…
Step forward for new nuclear at Wylfa
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Horizon Nuclear Power has applied to the Office for Nuclear Regulation (ONR) for a nuclear site licence for its planned Wylfa Newydd power station. The site licence is a key stage in Horizon’s plan to build and operate two ABWR…
ACER rejects as ‘largely indequate’ European energy network modelling
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Europe’s Agency for the Co-Ordination of Energy Regulators (ACER) has sent back proposals for a interlinked modeling of European gas and electricity markets, saying that “In the Agency’s view, the model is largely inadequate.” It said more work was needed…
Work starts on CCGT at King’s Lynn
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Siemens is to start work at Centrica’s mothballed King’s Lynn power station in Norfolk, where it will install a new gas turbine and carry out major refurbishment . Centrica confirmed the investment into the 370MW combined cycle gas turbine (CCGT) in…
Submission window opens for 2017 CfD allocation round
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The submission window for applications into the 2017 Contracts for Difference (CfD) Allocation Round opened at 9am and will close at 5pm on 21 April. The EMR Delivery Body urged potential bidders to submit applications as early as possible so…
Competitive water market opens
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Business customers should be able to switch and choose a supplier for their water from today. Eligible businesses, charities and public sector companies can choose to have one retailer for their water supply and another for wastewater services, or one…
NuGen delays Moorside development consent application
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NuGen, the joint venture company developing a new nuclear plant for construction at Moorside in Cumbria, is to delay application for a Development Consent Order for the project. The company had planned to make the application by the end of…
Scottish Power signs up Actavo to deliver smart meters in the midlands
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ScottishPower has signed up Actavo to help deliver almost a million additional smart meters across the Midlands over five years. Actavo will provide a full turnkey offering, to promote, generate and schedule appointments, manage and install smart meters. It will…
Inquiry announced as NDA’s decomissioning contracts collapse and it faces £12.5 million penalty
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The Nuclear Decommissioning Authority (NDA) is to pay out £12.5 million to settle a dispute over how it awarded a £6.1 billion contract to decommission 12 closed nuclear power stations and separately terminate the contract awarded nearly a decade early.…