Scottish Power Energy Retail Ltd will pay £1.5 million in refunds and compensation for charging customers above the price cap during the energy crisis. Ofgem agreed the redress package after the supplier confirmed that between 2015 and 2023, it mistakenly…
News
BritNed offers new auction platform to book capacity
by New Power • • Comments Off
Interconnector BritNed has launched a ‘Dutch’ auction, dubbed ‘Buy Now’, that allows participants to acquire capacity before, during and after the regular Intraday auctions. The ‘Buy Now’ auctions are offered for every hour of the day, in both directions, providing…
National Grid celebrates completing T-pylon route through Somerset to be energised this year
by New Power • • Comments Off
National Grid has installed overhead conductors on all 116 of the new T-pylons that will connect Hinkley Point C to the grid. The 57km Hinkley Connection Project runs between National Grid’s new Shurton substation on the Hinkley Point C site…
Varco Energy acquires Cornwall battery project
by New Power • • Comments Off
The 47.5MW Sambar Power battery project at the Indian Queens substation in Cornwall has changed ownership. Varco Energy a UK-based battery storage asset owner and operator, has acquired it from Carlton Power Ltd, an independent UK energy infrastructure development company.…
Women in utilities say unconscious bias makes career progression harder
by New Power • • Comments Off
Almost a third of women in the utility industry are considering leaving the sector in the next one to three years, according to new research by the Women’s Utilities Network (WUN) and The Marketing Pod – at a time when…
Finnish town plans underground heat store to meet all its winter needs
by New Power • • 1 Comment
Winter heating in Finland’s fourth largest city, Vantaa, will be provided from waste heat stored in underground caverns during the summer months, in an initiative Vantaa Energy says will be the world’s largest seasonal energy store. The planned thermal energy…
UKIB, Aviva and Rock Rail partner to roll out electric buses
by New Power • • Comments Off
Up to 250 low-emission buses will be funded via an initial £100 million investment in a new partnership intended to help kick start a switchover for the country’s 36,000 diesel buses. The UK Infrastructure Bank has formed the partnership with…
Market for ‘system restoration’ functions opens to small generators
by New Power • • Comments Off
In future, small distribution-connected generators including wind farms, solar farms and batteries will be able to help restore the electricity system after blackouts, and get paid for the service, in the same way large generators do now. The change comes…
Third new nuclear reactor design wins government funding for development
by New Power • • Comments Off
The government has awarded grant funding of £3.34 million to Cavendish Nuclear under its Future Nuclear Enabling Fund (FNEF). It is the third successful application to the fund, which supports developing and licensing of small nuclear reactors for use in…
New software tool helps local authorities find renewable energy sites
by New Power • • Comments Off
A free new tool has been launched for local authorities to identify potential locations for community-owned wind and solar farms. UK Power Networks, which distributes electricity in London and the Southeast, has combined 18 datasets to help guide local authorities.…