Energy minister Andrea Leadsom’s speech calling for a vote to exit from the EU got short shrift from members of the UK energy industry. It was described as ‘amazingly light on content’ by one industry member and there was surprise…
Author Archive for New Power
Tidal lagoons: call for evidence open until 31 July
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Former energy minister Charles Hendry has published a call for evidence on feasibility and practicality of tidal lagoons in the UK. The government announced that the review would report in the autumn and the call for evidence closes on 31…
Auto-switching site for small businesses goes live
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Energy Scanner, an auto-switching service aimed at small and micro businesses announced its official launch. The company follows two domestic auto-switching sites, Flipper and Swuto. In March we spoke to all three companies and asked whether they would change the…
Beware of Brexit certainty
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From New Power founder Dom Maclaine’s latest blog: “amid extreme predictions of certain doom, there are areas where the implications of Brexit are much more overtly uncertain. Energy policy, and particularly the future of low carbon technologies and policies is…
Beatrice wind farm wins £525M in EIB funding
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The Beatrice windfarm has won the European Investment Bank’s (EIB’s) single largest investment in an offshore wind project. The EIB is providing £525 million for construction of the project to be built 14km off the Caithness coast. The 19-year long-term…
Eurelectric: The EU needs a strong carbon price signal to drive low-carbon investment
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Hans Ten Berg, Eurelectric secretary general, says electrification remains crucial to reducing carbon emissions and the EU ETS must be able to provide the right investment signals The Paris Agreement is a major landmark in addressing the global climate change…
Eurotunnel takes sole ownership of ElecLink
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Eurotunnel will take on sole ownership of the planned ElecLink interconnector. It has signed a conditional agreement with Star Capital under which Groupe Eurotunnel will acquire Star Capital’s 51% share of the project. ElecLink is developing a 1000MW high voltage…
Dong Energy signs three to flexible balancing tariff
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Dong Energy has so far signed up three large users to its Renewable Balancing Reserve product, which invites customers to provide demand response, and New Power understands others are in the pipeline. The offering was launched in February and it…
SSE plans broadband and boiler-service offerings to halt customer slide
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SSE has announced plans to sell up to a third of its 50% stake in gas distribution network business SGN. The company said it was likely to return the cash to shareholders. In results for FY2015/16 SSE said customer energy…
NEA: Energy efficiency should be a national infrastructure priority
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Peter Smith, head of policy research at National Energy Action, says we have the biggest policy gap on energy for more than three decades and that action is needed On 14 April, the National Audit Office (NAO) reported that since…