The government has announced funding of £30 million to be shared by 21 projects investigating ‘vehicle to grid’ applications for electricity storage. The Department for Transport said the schemes will demonstrate how energy stored in electric vehicle batteries could be borrowed…
Longread
OPINION: Companies must stay alert on cybersecurity
by New Power •
This year the World Economic Forum’s annual Global Risks Report named cybersecurity as the biggest single risk. New Power asked the European Network for Cyber Security’s Michael John how energy companies are responding How do you see cybersecurity threats evolving?…
News
T-4 Capacity Market auction clears at £8.40
by New Power •
The T-4 Capacity Market auction for 2021/22 has cleared at £8.40, the lowest figure yet. Some 74GW entered the bidding to provide 50.5GW in the delivery year. In total 439 capacity market units will be awarded Capacity Agreements, from 129 companies. The auction…
News
System Operator wants academic and industrial partners for innovation projects with up to £1 million in funding
by New Power •
National Grid has invited industry and academia to develop projects that address its innovation priorities across the GB gas and electricity systems and promised funding of up to £1 million for the most important projects. An application window is open between…
Perspective
OPINION: There is more to do to secure a sustainable energy future
by New Power •
Barbara Vest, director of generation at EnergyUK, says the government should make a start with energy efficiency As the dust settles on the prime minister’s launch of the 25 Year Environmental Plan, it is abundantly clear that the government is…
News
AD consolidation as Biogen acquires Tamar Energy
by New Power •
Biogen has acquired Tamar Energy, one of the largest anaerobic digestion (AD) owners and operators in the UK, for an undisclosed sum. A number of Tamar Energy’s existing shareholders have rolled-over their investment into the combined group. The combined group…
News
Octopus Energy wins Electron’s energy industry blockchain ‘kWhackathon’
by New Power •
An energy industry blockchain ‘hackathon’, hosted by technology company Electron, was won by Octopus Energy. Their concept used the blockchain asset register and smart contracts to tackle some of the issues faced by customers with pre-payment meters. The one-day event on 6…
News
Murphy buys Carillion’s UK power business
by Annabel Andrews •
J Murphy & Sons has acquired Carillion’s UK power framework business for an undisclosed sum. The agreement means Murphy has taken over Carillion’s contracts on National Grid’s electricity overhead lines, substation and underground cable frameworks. These three frameworks will deliver essential…
News
GE and Arenko combine for grid-scale batteries
by New Power •
GE and Arenko Group have announced a strategic alliance to build grid scale energy storage systems in the UK. Arenko has invested in a 41MW battery supplied by GE, sited in the Midlands, which will commence operations in 2018. Mirko…