Author Archive for New Power

UK Power Reserve bringing 60MW into operation

UK Power Reserve (UKPR) has made significant progress at three new power stations totaling nearly 60MW of capacity. The gas-fired generators at Bristol Road, Tonypandy and Carrington are part of UKPR’s 524MW development portfolio. The projects reuse previous gas work…

Five National Grid sites to go up for auction

Five small sites owned by National Grid will be sold at auction on 11 October, agent BNP Paribas Real Estate has announced. BNP Paribas became National Grid Property’s Real Estate service provider in April this year in a three year…

Ofgem opens probe into Economy Energy Trading

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…

Engie faces EU tax probe in Luxembourg

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…