A Contract for Difference for the 450MW Neart na Gaoithe (NnG) ofshore wind farm remains in place, owner Mainstream Renewable Power has said. The CfD counterparty, the Low carbon Contracts Company (LCCC) and NnG had submitted a dispute relating to…
Flash update
Smart energy suffers a ‘big blow’: industry responds to Ofgem’s Triad proposals
by New Power • • Comments Off
Ofgem’s announcement that it is ‘minded to’ dramatically cut Triad benefits for embedded generation came as no surprise to the industry, but nevertheless caused dismay. Industry comment: Tim Emrich, chief executive, UK Power Reserve: “We agree that reform is needed…
Endurance turbine owners offered reassurance on spares and service after company goes into administration
by New Power • • Comments Off
Four authorised service providers for wind turbine manufacturer Endurance, which went into administration in December following the collapse of its Canadian parent company, have joined forces provide spare parts for owners. The four businesses, which between them manage over 76%…
Submit tenders by Friday for Demand Turn-Up payments this summer
by Annabel Andrews • • Comments Off
Large energy users and aggregators who want to be paid to use power this summer have to submit their tenders by 5pm Friday. National Grid expects to have to manage excess generation of 3-5GW during the summer of 2017. The…
Do you have an opinion on research funding for flexible energy technologies? Innovate UK wants views by today
by New Power • • Comments Off
Organisations are invited to respond today to an online survey on how a new research fund should be used. The new Industrial Strategy Challenge Fund (ISCF) was announced alongside the Green Paper setting out plans for an Industrial Strategy on…
Energy rebate that could have cost new suppliers dearly
by New Power • • Comments Off
Electricity customers have received two £12 payments via the Government Electricity Rebate scheme. Ofgem E-serve, which administered the scheme, said it was pleased with the process. But one new supply company said the cost of administering the rebate placed an…
Competition offers funding to energy transition startups – closes 31 January
by New Power • • Comments Off
Start-ups have until 31 January 2017 to submit their entries for the international ‘Start Up Energy Transition Award’, from the German Energy Agency. The competition is open to any ideas that promote energy transition and worldwide climate protection.They should be…
£28 million in funding up for grabs as BEIS opens competitions for storage, demand response and flexibility innovations
by New Power • • 1 Comment
The Department for Business, Energy and Industrial Strategy has invited expressions of interest in £289 million of funding to develop storage, demand side response and flexibility technologies, and to speed up their delivery. A new competition has £9 million up…
Western Link cable comes ashore
by New Power • • Comments Off
The world’s largest subsea power cable comes ashore at Ardneil Bay in North Ayrshire. At around 385km long, it is a crucial part of the £1 billion Western Link project, a joint venture between ScottishPower and National Grid to transport…
Cold snap will test energy suppliers
by New Power • • Comments Off
Falling temperatures, rising prices and increased volatility could combine this week to test energy suppliers’ hedging arrangements. The Met Office has issued yellow weather warnings for the remainder of the week, with snow and high winds expected to affect most…