Skills policies across the UK are fracturing, and “now pull in opposite directions across the four nations” according to a new report from Energy and Utility Skills. The group wants to convene a ‘Four Nations Advisory Group’ to develop equivalence, comparability and…
News
E.On to acquire Innogy in €20 billion acquisition and restructuring
by New Power • • Comments Off
E.On in Germany has reached an agreement in principle to acquire RWE’s 76.8% stake in Innogy. In return, RWE will gain a 16.67% share in E.On. The complex deal, in which E.On will offer €36.76 per share plus dividends of €3.24…
Ofgem promises to get tough on networks as it consults on changes to price review framework
by New Power • • Comments Off
Ofgem has “learned some valuable lessons” in the first RIIO-determined price control periods, it has admitted, as it opened a consultation on toughening up the regime for its next application from 2021. The RIIO methodology for setting prices was intended…
Central European clocks run slow under persistent frequency deviation
by New Power • • Comments Off
UPDATE: On 8 March Entso-e reported that the deviations had ceased, but added: “This is a first step in the resolution of the issue. The second step is now to develop a plan for returning the missing energy to the…
Smart meter re-installs rise so switching customers can retain smart functions
by New Power • • Comments Off
A small but growing number of smart meter installs are being done to replace recently-installed smart meters, rather than substituting for dumb ‘legacy’ meters, it has emerged. The issue is so-called ‘Smets 1′ meters, which cannot always continue to operate…
3i taps more methane: cash injection for Infinis to acquire Alkane
by New Power • • Comments Off
3i Infrastructure has announced plans to invest an additional £125 million in Infinis so it can acquire Alkane Energy. Infinis is the largest generator of electricity from landfill gas in the UK, in which 3i Infrastructure invested in December 2016.…
Work starts at Achlachan wind farm
by New Power • • Comments Off
Construction has begun on the Achlachan wind farm, one of 15 onshore wind projects to secure a Contract of Difference in 2015. The 10MW, five turbine project is scheduled to be commissioned in early January 2019. Developer Whirlwind Renewables signed a 15-year power purchase…
Mynydd y Gwynt refusal upheld
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The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…
Paying for energy policy through taxation would reduce energy bills for 70% of households, says UKERC
by Annabel Andrews • • Comments Off
Some 70% of UK households would be better off if energy policy costs were removed from gas and electricity bills and applied according to household income, according to research published today by the UK Energy Research Centre. In ‘Funding a Low…
Northern Powergrid announces plan to cut network losses
by New Power • • Comments Off
Northern Powergrid has announced a new plan to forecast and reduce losses on its power network. Distribution network operators (DNOs) are required to reduce losses and until the current price review period they had financial incentives to do so. However,…