Ovo has announced a hike in its Pay Monthly Simpler (variable) tariff with effect from 10 January 2017. The company said it was “due to a steady increase in wholesale commodity costs for both electricity and gas.” It said, “Since…
Author Archive for New Power
Three new interconnectors to be allowed ‘cap and floor’ guaranteed return
by New Power • • Comments Off
Ofgem has agreed that three projects submitted in its interconnector ‘application window’, which closed on 31 October, are eligible for the ‘cap and floor’ regime. The regime provides a guaranteed return for the project from electricity consumers’ bills, but caps…
‘Emerging’ power technology? Act today to avoid new grid response requirements
by New Power • • Comments Off
Today is the deadline for companies developing new power technologies to apply to be classified as ‘emerging technologies’ and avoid strict new requirements on how they interact with the grid and provide grid services. Ofgem’s information for emerging technologies applying…
Triple hit for ‘car park’ diesel fleets as Capacity Market auction approaches
by New Power • • Comments Off
Three major changes are expected to drive small plant – especially new ‘car park’ diesel fleets – out of the upcoming Capacity Market auction and benefit new large gas turbines. The first, aimed directly at small diesel farms, will place…
Opinion: Sparking a smarter power revolution
by New Power • • Comments Off
Lucy Symons, director of public policy at Open Energi, says there is appetite in most businesses to help manage the grid. A little education could go a long way to delivering it Demand flexibility has come a long way…
Smart meter rollout: 2020 deadline now for meter ‘offer’
by New Power • • 2 Comments
By 2020 every domestic energy customer “will have had the offer of a smart meter”, secretary of state Greg Clark told EnergyUK’s annual meeting this week. That promise appears to water down a requirement for the smart meter rollout to…
Call for Evidence out on ‘smart flexible energy’. Clark promises industrial strategy ‘in next few months’
by New Power • • Comments Off
“We have to make sure the rules of the energy system don’t get in the way of innovation,” secretary of state Greg Clark told EnergyUK’s annual meeting as he announced publication of a call for evidence on ‘A smart, flexible…
CfD round in April as coal phaseout takes shape: onshore wind excluded
by New Power • • Comments Off
The government has published a long-awaited suite of announcements on plans for a new Contract for Difference allocation round, whether there is justification for supporting onshore wind in Scottish islands, and the future of coal-fired generation. BEIS said an allocation round…
Re-examine grid and trading rules to save £5 billion a year on system operation costs, says Policy Exchange
by New Power • • Comments Off
Maximising flexibility could reduce the cost of managing a decarbonised electricity system by £5 billion per year, Policy Exchange says in a new report, Power 2.0. That figure has been estimated by Imperial College researchers, it says, but but under…
Project Nexus: June go-live ‘looks feasible’
by New Power • • Comments Off
Could Project Nexus finally have a reliable ‘go-live’ date? Plans to switch over to the new gas industry settlement system in June 2017 – delayed from April – “look feasible”, industry sources told New Power. Contingency plans could push that…