No doubt there are some good reasons to worry about ‘the Chinese’ part-owning Hinkley Point C, or National Grid Gas. In the interest of speeding the discussion along, here are some I have heard that I would tend to discount:…
Author Archive for New Power
Energy sector must act now to be represented in ‘industrial strategy’ inquiry
by New Power • • Comments Off
The energy industry has to take action before Tuesday to ensure energy is fully included in a Select Committee inquiry on industrial strategy. That is because 27 September is the deadline for written submissions for an inquiry that could influence…
Solar panel testing company in administration; assets for sale
by New Power • • Comments Off
A sale is under way of the assets of IPSol Energy, a Nottingham-based solar panel testing company, following the appointment of Simon Bonney and Andrew Hosking of Quantuma LLP as administrators on 8 September. IPSol Energy has been operating since…
Ofgem opens probe into Economy Energy Trading
by New Power • • Comments Off
Ofgem has launched an investigation into sales practices by Economy Energy Trading Limited. The company supplies electricity and gas to domestic customers mostly on pre-payment meters. Citizens Advice service raised concerns with Ofgem in July 2016 relating to a high…
Catapult seeks UK university to join wind turbine blade R&D hub
by New Power • • Comments Off
The Offshore Renewable Energy (ORE) Catapult is looking for UK-based university to help speed up its offshore wind turbine blade research and development activities. The Catapult is establishing a Wind Blade Research Hub, to offer academic research, innovation, demonstration and…
Engie faces EU tax probe in Luxembourg
by New Power • • Comments Off
The European Commission has opened an in-depth investigation into Luxembourg’s tax treatment of Engie (previously known as GDF Suez). The Commission will assess in particular whether Luxembourg tax authorities selectively derogated from provisions of national tax law in tax rulings…
Pre-pay days or exclusive prices? Big six tariff offers diverge
by New Power • • Comments Off
Scottish Power is set to launch a pre-pay energy tariff that allows customers to pay for ‘days’ of gas and electricity. Customers can buy up to 180 ‘days’ of gas or electricity, calculated from their previous usage. They can track…
Distributed generation needs investor confidence as much as central generation does
by New Power • • Comments Off
Tim Emrich, chief executive of UK Power Reserve, warns that a piecemeal approach to changing the charging regime will damage investor confidence and could face legal challenge
Hinkley Point C decision: reactions
by New Power • • 2 Comments
Jenifer Baxter, head of energy and environment, Institution of Mechanical Engineers: “This announcement is welcome and great news for the nuclear sector, however, it is important to note that this is not the end but merely a small step at…
IEA says global investment is shifting from oil and gas to low-carbon power
by New Power • • Comments Off
Global investment in the electricity sector reached a record-breaking $690 billion in 2015, according to new figures from the International Energy Agency (IEA), and there is a “major shift in investment towards low-carbon sources of power generation”. Low carbon capacity…