News

Power Responsive: more change on the way

Demand side flexibility (DSF) has been winning market share in National Grid ESO’s ancillary service markets, according to the Power Responsive annual report. Product evolution has seen some settle to ‘natural price points’, the system operator said, but it indicated…

InterGen to pay £37M for power market manipulation

Generating company InterGen has to pay £37,291,000 in restitution and fines after Ofgem found it had manipulated the power market during 2016. An Ofgem investigation found that InterGen made £12.8 million when its staff manipulated the market during four days…

Zeigo completes funding round

Zeigo has closed a £800,000 Seed Funding Round led by Naruhisa Nakagawa, founder of Caygan Capital. Zeigo is an energy tech platformthat connects corporate energy buyers (private and public sector) with renewable energy generators and suppliers.It allows customers to promptly…

Welsh tidal stream project recruits three developers

North Wales tidal stream energy project, Morlais, has signed up three new turbine developers. French firms Sabella and HydroQuest, and  Spanish developer Magallanes, all aim to deploy devices on a commercial scale at the Crown Estate-designated zone off the coast of…