A ‘window’ for new interconnector developers to apply for a ‘cap and floor’ deal on returns for new projects has been delayed to 2016. The first such window was opened last year and closed in September. Ofgem said then that…
Author Archive for New Power
Moixa seeks crowdfunders for mass rollout of energy storage
by New Power • • Comments Off
Home storage supplier Moixa is seeking crowd funding of up to £2 million to commercialise its Maslow energy storage system
From the New Power archive: interview with George Grant, Watt Power MD
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From the New Power archive: development consent orders have been granted to Hirwuan Power and Progress Power on schedule. Here’s how Watt Power MD George Grant saw the market when he spoke to Janet Wood in July 2014
Amber Rudd: ‘We have enough wind farms’
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Ahead of Amber Rudd’s evidence session at the Select Committee on Energy and Climate Change today, read New Power’s take on the recent RO announcement, published in the July issue. We saw little room in the CfD auction, and a threat over FITs.
Capacity Market auction: IT problems delay prequalification
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The prequalification window for the next Capacity Market auction has been delayed by two weeks because of continuing IT problems, National Grid has announced. Grid had originally planned to have prequalification up and running on 13 July, but problems with…
Decc ‘reckless and wasteful’ on renewables while missing £9bn savings from energy efficiency
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The Department of Energy and Climate Change (Decc) has been “reckless and wasteful” in managing renewable energy subsidies, and in overseeing the spend Treasury and Decc have focused entirely on individual programmes instead of considering total costs and affordability, says…
Winter outlook: £36 million in backup power contracts required to meet system standard
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The loss of load expectation (LOLE) in the coming winter would have been 8.9 hours/year – a margin of 1.2% – if National Grid had not procured backup supplies at a cost of £36 million. The company said procuring Strategic…
Don’t disadvantage small-scale hydropower, it’s our oldest form of clean energy
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Changes to the Feed-In Tariff will have unintended consequences for a revived hydropower industry, just at a time it is bringing investment and clean energy into rural areas, argues Simon Hamlyn, chief executive of the British Hydropower Association Hydropower is…
New nuclear build: will plants be in competition for support?
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Today’s market report from the Competition and Markets Authority raises concerns over the way that the Department of Energy and Climate Change (Decc) negotiated so-called “final investment decision (Fid)-enabling contracts” in its Contracts for Difference (CfD) support scheme for low…
Minimum deployment levels could help new energy technologies
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Luke Warren, chief executive of CCSA, says setting a minimum deployment level can give new technologies both market certainly and competitive pressure The UK is entering a period of energy policy in which technology specific targets – such as…