National Grid is talking afresh to demand side balancing reserve (DSBR) providers about how they can respond to the need for peak services this winter, after it had ‘minimal’ response to its June tender for the service to be provided…
Author Archive for New Power
‘Sticky’ customer databases, white label products, and customer switching: key data questions
by New Power • • Comments Off
Once again customers are being urged to switch energy supplier to take advantage of the cheapest deals. It’s good advice. Switching numbers are increasing as so-called ‘white label’ brands enter the market. Some are apparently supplied by familiar names like…
Development consent granted for Hornsea Two offshore wind farm
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The Hornsea Two offshore wind farm has received development consent from business and energy secretary Greg Clark. When complete, the windfarm will provide up to 1,800MW of low carbon electricity to around 1.8 million UK homes. The windfarm would create…
Teesside biomass plant reaches financial close
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Macquarie Capital and Macquarie Commodities and Financial Markets have reached financial close on £900 million of funding for a 299MW biomass-fuelled combined heat and power plant on Teesside. Developed by MGT Power, Tees REP is claimed to be the world’s…
How can we ensure domestic electricity pricing is smart and fair in future?
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Sustainability First’s Jon Bird looks at the results of time-of-use charging trials in energy and water and finds that there are winners and losers. It may be impossible to make it fair for everyone, but we must tackle the extremes, he says
Bonfire of red tape ‘most damaging energy decision’
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Decisions taken in the government’s ‘bonfire of red tape’ have been more harmful to energy investment than any changes in renewable energy subsidy, according to key industry investor Siemens. Interviewing Matthew Knight, Siemens director of strategy and government affairs, GB…
Biomass CHP in Kent funded by Danish pensioners
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Copenhagen Infrastructure II, a fund under Copenhagen Infrastructure Partners, and through it PensionDanmark and 18 other institutional investors, has teamed up with Burmeister & Wain Scandinavian Contractor (BWSC) to acquire the Kent biomass-fired combined heat and power (CHP) plant project.…
Financing agreed for two Gaelectric wind farms
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Gaelectric has agreed a €38 million financing package for construction of two wind farms in county Kilkenny. Ballybay, near Tullaroan, will comprise six Enercon turbines and will have a capacity of 13.8MW. Foyle, south east of Ballybay, will comprise four…
Moorside’s Morecambe Bay connection to be first onshore network up for tender
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A new power line that would allow the new Moorside nuclear plant in Cumbria to be connected to the transmission network is expected to be the first built under a 25-year build and own contract. The North West Coast Connections…
Ofgem calls on suppliers to ‘move early’ to increase competition
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Ofgem wants suppliers to “move early” on getting disengaged energy customers to be more active in the market, saying it will “not be easy or quick” to get customers who rarely look at their bills to engage. The regulator promised…