Dutch distribution system operator Alliander is open sourcing its smart systems platform, formerly known as Open Smart Grid Platform, to speed up development. The system will now be known as Grid eXchange Fabric (GXF) and be developed through LF Energy. Millions…
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EBRD issues largest-ever green bond
by New Power • • Comments Off
The European Bank for Reconstruction and Development (EBRD) has issued its largest ever green bond, a US$925 million 5-year Global (SEC Exempt) Environmental Sustainability Bond that will be used to support investment in five areas: energy efficiency, renewable energy, water management,…
Risk report: smart supply chains and personal data vulnerable to cyber attacks
by New Power • • 1 Comment
Weaknesses in smart supply chains and real-time operating systems are two of the major threats from cybersecurity lapses identified by inspection and certification specialist TÜV Rheinland in its annual report on Cybersecurity Trends for 2020. The report, a collaboration between TÜV…
Northern Powergrid tool offers response ‘in minutes’ to new EV charging point inquiries
by New Power • • Comments Off
Northern Powergrid has launched a free, online tool that uses real-world network data to help users identify the best locations for new EV charging points. The company said the new system, called AutoDesign, can provide an indicative connection cost in…
Government asks CMA to rethink UK’s competition regime
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HM Treasury and BEIS have commissioned the Competition and Markets Authority (CMA) to assess how well competition is working across the UKs, in a review that will see new metrics developed. Once in place, an annual review of competition across…
Irn-Bru maker goes green with Vattenfall deal
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Irn-Bru maker AG Barr has signed a deal with Swedish energy group Vattenfall to source fossil-free electricity to power its operations across the UK. The ten-year contract will provide 100% renewable electricity to AG Barr facilities including factories in Cumbernauld and…
Mitsubishi and Ovo offer ‘free power’ to cover 10k of electric driving
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Customers who purchase a new Mitsubishi Outlander PHEV before the end of March will get a £20 voucher each month towards electricity for two years if they switch their domestic supply to OVO Energy’s EV Everywhere bundle, the companies have…
Ofgem sets out decarbonisation ‘Action Plan’ – but is it playing catch-up?
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Setting out a nine-point ‘Action Plan’ for the next 18 months to deliver decarbonisation, Ofgem has tacitly acknowledged that it is currently ill-equipped to deal with the challenge. The regulator pointed out that the existing ‘Social and Environmental Guidance’ from…
From the archive: Emma Pinchbeck
by Annabel Andrews • • Comments Off
Last year, New Power editor Janet Wood spoke to Energy UK’s new chief, Emma Pinchbeck, then at Renewable UK. See some highlights below and login to read the full interview. What’s exciting the future of the energy industry? “What would…
National Audit Office: electricity networks were ‘overpaid’ by at least £800M
by New Power • • Comments Off
Customers have overpaid electricity network companies by £800 million since 2013 because Ofgem set the allowed rate of return too high, says the National Audit Office (NAO). NAO said Ofgem did not place enough weight on up-to-date market evidence when…