Energi Danmark has been fined for market manipulation on the Nordic wholesale electricity market The fine imposed on Energy Danmark is the result of an investigation started by the Danish Regulatory Authority for Energy and referred to the Danish State…
Perspective
OPINION: Market integrity benefits energy consumers
by New Power •
As ACER budgets come under pressure, Alberto Pototschnig, ACER chief executive, discusses the value of Remit Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT) introduced an unprecedented, sector-specific monitoring framework for the EU wholesale energy market and…
News
Northern Powergrid seeks flexibility tenders
by New Power •
Northern Powergrid will be seeking expressions of interest for flexibility services for next winter. Initial information was presented at a stakeholder group and it expects to announce dates for the tender shortly. It will be seeking around 14MW of response…
Flash update
BEIS confirms T-1 auction in summer 2019 but questions remain over payments
by New Power •
BEIS has confirmed plans to hold a ‘T-1′ Capacity Market auction next summer, for delivery in winter 2019/20, despite the fact that the EC has set aside the Capacity Market and payments have been halted. BEIS said the auction – which…
News
Cyber security network launches EV charger standard
by New Power •
ENCS, the European Network of Cyber Security, and E.DSO, the European Distribution System Operators’ Association for Smart Grids, have announced the launch of cyber-security requirements for electric vehicle (EV) charging infrastructure. The standard is the first in a series of security standards…
News
Zappi charger to offer green EV power
by New Power •
British start up Myenergi has launched ‘Zappi’, a range of smart electric vehicle chargers intended to allow consumers to use green energy sources for transport. The EV chargers combine self-generated domestic energy with green energy from Octopus Energy. There are larger…
News
Energy traders will require new EU registration in the event of a no-deal Brexit, says Ofgem
by New Power •
Market participants who want to arrange energy trades with or to EU member states will have to register with those states’ national regulators in the event of a ‘no deal’ Brexit, Ofgem has confirmed – but they cannot act now…
News
Drax and Iberdrola, mid acquisition, agree to share £36M Capacity Market payment risk
by New Power •
Drax and Iberdrola have agreed a risk sharing mechanism over £36 million in Capacity Market (CM) payments for 1 January 2019 to 30 September 2019, which are uncertain after the ECJ set aside the Capacity Market and halted payments. In…
News
Two more suppliers exiting the market as Ofgem names RO defaulters
by New Power •
Energy suppliers who have met their Renewables Obligation (RO) will have to make quarterly payments to make up a multimillion pound shortfall, Ofgem has announced. Some 14 companies still owed £58.6 million in RO payments at the ‘late payments’ deadline of 31 October. Of…