Industry members have until 17 March to put forward new nominations for the Connections and Use of System Code (CUSC) panel, the body that oversees changes to the way companies interact with – and are charged for using – the…
Author Archive for New Power
Intergen’s Mark Somerset: Capacity Market must deliver large plant this year
by New Power • • Comments Off
It the Capacity Market does not deliver large CCGT this year international investors could walk away, Intergen’s Mark Somerset warned New Power. In a wide ranging interview the independent generator’s vice president of development for the EMEA region said, “People look…
E.On blames policy costs for April tariff increase
by New Power • • Comments Off
E.On has blamed “increasing policy costs and other costs it doesn’t control”, for an average 8.8% increase in its standard variable tariff from Wednesday 26 April. It blamed the rise “in large part” on increases in “non-energy parts of the…
OPINION: energy industry must prepare for customer power and technology shocks
by New Power • • Comments Off
Domestic and business customers, are about to become much more important drivers of change in the energy market, and in a decade they could be far more influential than utilities or central government. When they take up new technologies the…
Smart energy suffers a ‘big blow’: industry responds to Ofgem’s Triad proposals
by New Power • • Comments Off
Ofgem’s announcement that it is ‘minded to’ dramatically cut Triad benefits for embedded generation came as no surprise to the industry, but nevertheless caused dismay. Industry comment: Tim Emrich, chief executive, UK Power Reserve: “We agree that reform is needed…
Six companies to tender for three offshore links
by New Power • • Comments Off
Ofgem has announced the shortlisted bidders to own and operate transmission links for three separate offshore wind farms. They are: Dudgeon: Balfour Beatty Investments, Equitix, Diamond Transmission Partners (Mitsubishi Corporation and HICL), Mari Energy Transmission, Transmission Capital Partners (International Public…
Briefing: behind the embedded benefits discussion
by New Power • • Comments Off
Regulator Ofgem has announced it is ‘minded to’ reduce the earnings embedded plant can harness from so-called embedded benefits. Janet Wood sets out the background to its document What are embedded benefits? Embedded generation charging is complex, such plant…
Ofgem ‘minded to’ cut payments to embedded generators
by New Power • • Comments Off
Ofgem wants to go ahead with plans to reduce the amount of financial benefits gained by so-called ‘embedded’ plant (small units attached to the distribution system) because they are not connected to the transmission system. In a ‘minded to’ position…
Low Carbon and VPI Immingham combine to offer fast-response battery storage
by New Power • • Comments Off
VLC Energy has announced that two new battery projects will be connected to the grid by the end of 2017. The two energy storage plants – at Cleator in Cumbria and Glassenbury in Kent – were awarded contracts in National…
Demand response providers face new Capacity Market challenge
by New Power • • Comments Off
As small-scale generators prepare for potentially big changes in their revenue from so-called ‘embedded benefits’, industrial and commercial customers who use backup generation to help provide demand response are also facing a financial challenge. Scottish Power has proposed tightening the…