The European Commission has concluded that UK support for the conversion of a unit at the Drax power station, so it uses wood fuel instead of coal, complies with EU State Aid rules. The 645MW capacity unit will be the…
News
BayWa r.e. sells three UK solar farms with a total capacity of 30MW to Greencoat Solar
by Annabel Andrews • • Comments Off
BayWa r.e. has sold three of its UK solar farms with a total capacity of 30 MW to Greencoat Solar I LP, a newly-established vehicle managed by Greencoat Capital. The projects are located in south Wales, Cornwall and Kent. BayWa r.e.…
Over 90% of SSE and Utility Warehouse customers on expensive standard variable rate tariff
by Annabel Andrews • • Comments Off
According to a new league table published by Ofgem, Utility Warehouse and Scottish and Southern Electricity (SSE) have the highest proportion of customers stuck on a standard variable tariff, with 94% of Utility Warehouse customers and 91% of SSE customers…
Economy Energy contracts National Grid Smart for smart meter rollout
by New Power • • Comments Off
Economy Energy has contracted National Grid Smart to install smart meters in 50,000 homes in 2017. Economy Energy has around 180,000 customers with gas, electricity and dual-fuel deals and the company said its aim is “to have its entire customer…
SSE links with Dixons Carphone to develop ‘connected homes’ offerings
by New Power • • Comments Off
SSE and retailer Dixons Carphone have joined forces to develop ‘connected home’ solutions. They will use Dixons Carphone’s after-care service Knowhow, and digital platform honeyBee. The partners say the combination aims to bring connected home benefits to everyone, “not just…
E.On, Shell and and Schlumberger invest £5m in kite power generation firm
by Annabel Andrews • • 1 Comment
E.On, Shell and and Schlumberger have invested £5m in British start up Kite Power Systems (KPS), which makes high-altitude wind power generation technology. This latest investment will support the company’s plans to deploy a 500 kilowatt power system at West Freugh in…
Lightsource offers rooftop PV buyback and fixed price contracts for on-site array hosts
by New Power • • 1 Comment
Lightsource Renewable Energy wants to invest up to £600 million over the next five years in buying solar assets from households and businesses, to diversify its revenue streams. The company said it would offer owners of residential and commercial rooftop…
Manufacturers call on government to publish annual energy statement
by Annabel Andrews • • Comments Off
Britain’s manufacturers have called on the government to make a series of reforms, including re-instating the annual energy statement, as part of its commitment to an industrial strategy, amidst new survey evidence showing a lack of confidence in the future security…
Ovo pays £58,000 for service failings
by New Power • • Comments Off
Ofgem has agreed a redress package with Ovo Energy rather than take enforcement action over poor service. The supplier’s agents missed appointments with customers, or turned up late, and then failed to compensate them as required by Ofgem. The failings…
Quad Gas Group consortium buys National Grid’s gas distribution networks
by Annabel Andrews • • Comments Off
The Quad Gas Group consortium that has agreed to acquire a 61% interest in National Grid’s gas distribution network (GDN). The consortium is made up of UK and international institutional investors, including International Public Partnerships Limited, Allianz Capital Partners, Dalmore Capital Limited, Macquarie Infrastructure…