There will be major consolidation in the renewables sector in the UK over the next couple of years, according to Dan Wells, a partner in the infrastructure team at investment managers Foresight. Developers and EPC contractors have held projects on their…
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Analysis, interviews, thought leadership
Demand Turn-Up: has procuring less than planned “killed it before it got going”?
by New Power • • Comments Off
Demand Turn-Up has been “killed before it got going”, an industry member told New Power after the results of National Grid’s fixed tender for the service were announced. In the tender, 138.6MW of fixed volume was accepted from tenders totalling…
OPINION: For industry codes, form should follow function and the customer comes first
by New Power • • Comments Off
Tony Thornton, head of transformation at Gemserv, says a single Retail Energy Code could help support a simplified consumer-centric code governance model, but it must be implemented around a complex reform programme already under way. Aligning codes to function is a…
Intergen’s Mark Somerset: Capacity Market must deliver large plant this year
by New Power • • Comments Off
It the Capacity Market does not deliver large CCGT this year international investors could walk away, Intergen’s Mark Somerset warned New Power. In a wide ranging interview the independent generator’s vice president of development for the EMEA region said, “People look…
OPINION: energy industry must prepare for customer power and technology shocks
by New Power • • Comments Off
Domestic and business customers, are about to become much more important drivers of change in the energy market, and in a decade they could be far more influential than utilities or central government. When they take up new technologies the…
Local authorities must be aware of ongoing cost of electric vehicle charge points, warns InstaVolt chief
by New Power • • Comments Off
Councils who bid for government grants to install electric vehicle charging points must be aware of the ‘sting in the tail’ of ongoing management costs, warns InstaVolt chief executive Tim Payne. In a wide ranging interview on electric vehicles with…
Ofgem warns Oftos it may get stricter on 3rd party outages
by Annabel Andrews • • Comments Off
This is an extract from an article in the February 2017 issue of New Power. Regulator Ofgem has warned it may change the way it accounts for the offshore transmission cable availability during outages caused by ‘exceptional events’ like cable strikes…
Energy suppliers: do they need more oversight?
by New Power • • 1 Comment
Specialist management consultancy Baringa Partners has added its voice to companies supporting financial checks and ‘stress tests’ for energy suppliers. Ryan Thomson, partner at Baringa, said: “The energy market will struggle to support more than 50 active suppliers sustainably over…
Moixa chief: Domestic energy storage could be next asset class
by Annabel Andrews • • Comments Off
Moixa chief executive Simon Daniel says the UK is ready for a large-scale roll out of domestic battery storage across the UK. He wants to deploy 1GW of aggregated capacity, via the company’s GridShare platform, by 2020. He says the UK…
Falck Renewables chief: ‘there has never been a better time’ to acquire UK onshore wind projects in the UK
by New Power • • Comments Off
The UK is set for acquisitions in its pipeline of onshore wind farm projects, despite uncertainty over Brexit and the government’s lack of support for the technology. That’s the view of Falck Renewables chief executive Toni Volpe. He told New…