BayWa r.e. has sold three British solar farms to Allianz Renewable Energy Fund II managed by Allianz Global Investors. Combined, the three solar farms have a total output of around 100MWp. BayWa r.e. has now sold all of the solar…
News
Centrica orders two 50MW gas-fired plants from Wärtsilä
by Annabel Andrews • • Comments Off
Centrica has ordered two 50 MW Smart Power Generation plants from Wärtsilä. The energy company secured agreements for more than 500MW of new build power facilities in the latest capacity market auction. The two new plants are based on five Wärtsilä 34SG…
Ofgem consults on changes to tariff options
by Annabel Andrews • • Comments Off
Ofgem has put out its final proposals aimed at helping customers make informed choices about their energy tariff. The consultation forms part of the regulator’s commitment to rely more on enforceable principles rather than detailed rules about how suppliers should run…
Code adminstrators facing major industry change call on Ofgem for leadership
by New Power • • Comments Off
The energy industry’s code administrators face a ‘crunch’ in delivering arrangements for major change in the next two years, along with huge political and regulatory uncertainty, at a time when the code arrangements themselves are in flux. “Ofgem needs to…
Ten thousand businesses ‘missing out on energy flexibility ‘cashback’ opportunity’
by New Power • • Comments Off
More businesses can save money by avoiding power ‘congestion charging’ and shifting their use, say companies who help them deliver the service. One such, SmartestEnergy, said it had estimated that nearly 10,000 UK businesses could each potentially save £20,000 or…
Innovation Exchange aims to cut offshore wind costs with disruptive technologies from outside the sector
by New Power • • Comments Off
The Offshore Wind Innovation Hub has launched its first programme, the Offshore Wind Innovation Exchange (OWIX). It aims to accelerate cost reduction in offshore wind by matching industry challenges with innovative solutions adapted from other sectors of the economy. This…
Cost of offshore wind falls 32% in five years
by Annabel Andrews • • Comments Off
The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK Government and industry target of £100 per megawatt hour (MWh) four years ahead of schedule, according to a new report…
British Gas Business pays out £9.5 million after new billing system hits customer service
by New Power • • Comments Off
British Gas Business is to pay £9.5 million in redress for failings in its registrations, complaints handling and billing processes for its 400,000 business customers. It will make direct payments to affected micro-business customers, and payments to the charity the…
Anesco and Green Hedge Energy team up to deliver four battery ‘barns’
by New Power • • Comments Off
Energy efficiency specialist Anesco has joined forces with low carbon energy generation and storage company, Green Hedge Energy UK, to introduce Green Hedge’s ‘Energy Barns’ at four sites in England. Using lithium-ion batteries the barns will store energy then release…
Moixa chief: Domestic energy storage could be next asset class
by Annabel Andrews • • Comments Off
Moixa chief executive Simon Daniel says the UK is ready for a large-scale roll out of domestic battery storage across the UK. He wants to deploy 1GW of aggregated capacity, via the company’s GridShare platform, by 2020. He says the UK…