European utilities want to sell assets and the price they are prepared to sell for has fallen, according to a new report from EY. EY’s annual benchmarking report on European utilities’ asset impairments said, “power and utilities companies will ……
Author Archive for New Power
First Capacity Market notice posted
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A Capacity Market Notice was issued on 31 October for the first time. The notice – which this year covers just a small amount of demand side response – was raised at 12.06pm for 4.30pm and at 6.53pm cancellation was…
Wylfa expects design approval in December 2017 after regulator clears ‘serious regulatory issue’
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Generic Design Approval (GDA) for the nuclear reactor to be constructed at Wylfa is on track for December 2017, according to the Office for Nuclear Regulation (ONR), after developer Hitachi-GE provided answers to a ‘serious regulatory shortfall’. Of major concern…
Co-Operative Energy returns £1.8 million to poorly-served customers
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Co-operative Energy has agreed to pay back £1.8 million to energy consumers, because it let customers down in its complaints resolution, call handling and billing processes, Ofgem says. Most of the money – £1.6 million – has already been paid…
Scottish Affairs committee accuses government of complacency
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Pete Wishart, chair of the House of Commons Scottish Affairs Committee, has accused the government of complacency over the future of renewables in Scotland. As the government’s response to the committee’s report on renewable energy in Scotland was published, Wishart…
Mynydd y Gwynt developer fails to overturn refusal of consent
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Renewable Energy Holdings has failed in its bid to overturn refusal of development consent for the Mynydd y Gwynt wind farm. Then Secretary of State Amber Rudd refused development consent for the 27-turbine project in November 2015. BDB planning lawyer…
Tidal Energy in administration
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Tidal Energy Ltd has gone into administration. Administrators from Begbies Traynor were appointed on 17 October and told the BBC that “key staff have been retained” to continue TEL’s operations while a buyer is sought. Tidal Energy installed Wales’ first full-scale tidal…
Maighne wind farm denied consent
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An Bord Pleanala has refused permission for Element Power Ireland’s proposed 47-turbine Maighne wind farm. The planning agency said the 125MW project straddling the border between Co Kildare and Co Meath was premature, pending the adoption of either a national…
Ofgem finds major untapped potential for demand response in I&C businesses
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UK industrial and commercial (I&C) businesses may be able to provide up to 3GW of demand reduction and 1.9GW of demand turn-up to help meet the need for flexibility and balance electricity supply and demand, according to research by regulator…
Successful radar trials improve wind farm prospects
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Proposals for what will be one of the largest onshore wind farm developments in Scotland look set to climb off the drawing board now that Glasgow Airport has successfully trialled a new radar system to detect turbines at Bank Group’s…