The ‘go-live’ date for a new Single Electricity Market (SEM) across the Republic of Ireland and Northern Ireland, dubbed I-SEM, could be delayed by eight month st May 2018. The existing SEM is being ‘rebuilt’ so it is consistent with…
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Baringa Partners to lead new project on the future of UK biomass logistics
by Annabel Andrews • • Comments Off
ETI has chosen energy consultancy Baringa Partners to lead its new bioenergy project, which will examine the future of biomass logistics in the UK. The six month project will model the logistics requirements of different future bioenergy scenarios, identifying commonalities…
Waste-to-gas plant to help ‘green’ gas network
by New Power • • Comments Off
National Grid Gas Distribution, Advance Plasma Power, and Progressive Energy have joined forces in a plant that uses 10,000t household waste each year to produce substitute natural gas. The gas will be used to fuel heavy goods vehicles and injected…
£1.35m for low income pensioners in 2015-2016 Warm Homes Discount scheme
by Annabel Andrews • • Comments Off
Low income pensioners received over £1.35m rebates as part of the £320m Warm Homes Discount last year. The 11 obligated energy suppliers provided the budgeted £320m worth of eligible support in the fifth year of the scheme, from 1 April 2015 to 31 March…
Ovo hikes electricity price following commodity cost rises
by New Power • • Comments Off
Ovo has announced a hike in its Pay Monthly Simpler (variable) tariff with effect from 10 January 2017. The company said it was “due to a steady increase in wholesale commodity costs for both electricity and gas.” It said, “Since…
Feed in Tariff queue stretches to second quarter of 2018
by Annabel Andrews • • Comments Off
Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the second quarter of 2018, according to new figures released today. The latest information from Ofgem showed that there are currently 52 generators applying for…
Greencoat Wind raises £147m in share issue
by Annabel Andrews • • Comments Off
Renewable infrastructure fund Greencoat UK Wind has announced gross issue proceeds of £147m after an oversubscribed capital raise. The firm, which invests in operating UK wind farms announced the second issue of its share issuance programme on 25 October. Today,…
Three new interconnectors to be allowed ‘cap and floor’ guaranteed return
by New Power • • Comments Off
Ofgem has agreed that three projects submitted in its interconnector ‘application window’, which closed on 31 October, are eligible for the ‘cap and floor’ regime. The regime provides a guaranteed return for the project from electricity consumers’ bills, but caps…
Triple hit for ‘car park’ diesel fleets as Capacity Market auction approaches
by New Power • • Comments Off
Three major changes are expected to drive small plant – especially new ‘car park’ diesel fleets – out of the upcoming Capacity Market auction and benefit new large gas turbines. The first, aimed directly at small diesel farms, will place…
Imperial College London analysis shows system integration costs of renewable generation are low
by Annabel Andrews • • Comments Off
A new E3G report based on analysis from Imperial College London lays to rest the argument of a preventative ‘hidden’ cost of renewable power, as investment in grid flexibility lowers the final costs for the grid and for bill payers. Imperial College has…