The electricity supply market is working more efficiently, with demand-side balancing proving cheap and effective, and unjustified fears over supply/demand margins have led to customers’ money being spent unnecessarily. That was the conclusion of a report published today by the…
Author Archive for New Power
OPINION: Local authorities should join the battery gold rush
by New Power • • Comments Off
Mark Bramah of Municipia and Marc Wynn of Asset Utilities argue that local authorities should take the lead in developing electricity storage to develop a new income stream Councils undertake energy projects for different reasons: as a means of…
Winter resilience shows UK coal-phase-out is achievable, report finds
by New Power • • Comments Off
The government should not step back from plans to phase out coal-fired generation in the UK, as concerns that it will leave the country short of power are unfounded. That was among the conclusions of a new report from the…
CUSC code panel: nominations are open
by New Power • • 1 Comment
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…
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…