Economy Energy has contracted National Grid Smart to install smart meters in 50,000 homes in 2017. Economy Energy has around 180,000 customers with gas, electricity and dual-fuel deals and the company said its aim is “to have its entire customer…
Author Archive for New Power
SSE links with Dixons Carphone to develop ‘connected homes’ offerings
by New Power • • Comments Off
SSE and retailer Dixons Carphone have joined forces to develop ‘connected home’ solutions. They will use Dixons Carphone’s after-care service Knowhow, and digital platform honeyBee. The partners say the combination aims to bring connected home benefits to everyone, “not just…
Lightsource offers rooftop PV buyback and fixed price contracts for on-site array hosts
by New Power • • 1 Comment
Lightsource Renewable Energy wants to invest up to £600 million over the next five years in buying solar assets from households and businesses, to diversify its revenue streams. The company said it would offer owners of residential and commercial rooftop…
Ovo pays £58,000 for service failings
by New Power • • Comments Off
Ofgem has agreed a redress package with Ovo Energy rather than take enforcement action over poor service. The supplier’s agents missed appointments with customers, or turned up late, and then failed to compensate them as required by Ofgem. The failings…
Capacity Market auction: two new gas-fired plants and 1GW of new storage
by New Power • • Comments Off
The T-4 Capacity Market auction closed yesterday at a clearing price of £22.50. The price was slightly above that of the last two years, but well below the hopes of those who were looking for a level of at least…
Time to leave energy ‘evolution’ behind and lead the revolution
by New Power • • Comments Off
I’ve heard government and industry talk about ‘evolution, not revolution’ so often in the energy and electricity industries. It’s time to admit it is the other way around. I think the ‘evolution’ idea is intended to make sure investors are…
What are companies doing to address the energy skills shortage?
by New Power • • Comments Off
The energy industry faces a skills shortage, according to specialist recruitment consultant Utility People. The problem of attracting people with the right skills into the industry has been well known for many years. But now UtilityPeople believes the problem has…
Gaelectric sells 14 wind farms to CGN
by New Power • • Comments Off
Gaelectric has agreed to sell 230MW of wind energy assets on the island of Ireland to CGNEE Holdings, the renewable energy investment arm of China General Nuclear Power Group (CGN). The sale includes 10 operating wind farms totalling 184MW, and…
Uniper plans upgrade at Grain and Enfield CCGTs
by New Power • • Comments Off
Two existing UK combined cycle gas-fired power stations are to be upgraded. The plants at Enfield (400MW) and Grain (1200MW) are owned by Uniper, the company formed to hold E.On’s traditional generating assets. The upgrade will add around 4% to…
WPD seeks to offer cost-sharing on reinforcement costs for new generation
by New Power • • Comments Off
New generation connecting to the distribution network in WPD’s service areas could avoid a charging lottery over the cost of upgrading the network, if the regulator Ofgem agrees to a trial. Instead, costs may be shared out pro-rata between a…