A decision by the Competition and Markets Authority (CMA) will force major energy buyers in the water sector to take a more active approach to managing their energy costs. Energy represents 9% of water company costs and, according to Veolia, the sector…
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Balancing services should be £/MWh and based on final demand – task force
by New Power • • Comments Off
All final demand customers should pay grid balancing charges that are based on a set £/MWh basis, according to the Balancing Services Charges Task Force. The group, convened by National Grid ESO at Ofgem’s request, has spent two years working…
Green Gas Levy: Flat rate and quarterly collections favoured
by Staff writer • • Comments Off
Government thinks its plans for a biogas levy will add no more than £6.90 per annum per meter – both for businesses and households. The Green Gas Support Scheme is due to launch in Autumn 2021. It will be funded…
National Grid and Tennet explore offshore grid
by Staff writer • • Comments Off
National Grid and Dutch transmission system operator Tennet are working on plans for a multipoint interconnector that would connect offshore wind farms to both countries. The plan involves simultaneously connecting 4GW of British and Dutch offshore wind, providing an additional…
Ofgem wants views on ESO’s first half performance
by Staff writer • • Comments Off
Ofgem seeks industry views on how the electricity system operator has performed in the first half of the year. The regulator’s framework regularly seeks such feedback, but this year’s review may be more interesting than most, given the events and…
Northern Powergrid goes deep on customer engagement in ED2 incentive push
by Staff writer • • Comments Off
Northern Powergrid says it is pushing deeper into customer engagement than ever before ahead of the next price control. With Ofgem seemingly set on frugal returns, the DNO hopes to be able to present the regulator with robust evidence to…
Jonathan Tudor swaps Centrica for Clean Growth Fund
by Staff writer • • Comments Off
Jonathan Tudor has left Centrica to become investment partner at the government-backed Clean Growth Fund, aiming to find and develop early stage clean tech companies. Tudor was technology & strategy director at Centrica Innovations and has covered similar ground for…
National Grid appoints first female chair
by Staff writer • • Comments Off
Paula Rosput Reynolds has been appointed as chair of National Grid, following Sir Peter Gershon’s announcement on 30 January 2020 that he would step down from the role. She will join the board on 1 January 2021 and assume the…
SSE shrugs off Moody’s negative outlook
by Staff writer • • Comments Off
SSE has shrugged off a negative outlook rating from Moody’s, which yesterday maintained SSE’s Baa1 rating but changed its outlook to negative. Moody’s cited higher than anticipated leverage and said that even £2bn of planned disposals would be insufficient to…
SSE fined £2m over Fiddler’s Ferry Black Start REMIT breaches
by Staff writer • • Comments Off
Ofgem has fined SSE £2.06m over wholesale market inside information breaches. The fine relates to disclosure around a Black Start contract with National Grid. SSE signed non-binding terms with the transmission system operator on 22 March 2016 to provide grid…