MPs on the Select Committee on Business, Energy and Industrial Strategy (BEIS) have called on the Competition and Markets Authority (CMA) to scrutinise the proposed merger between SSE and Npower’s retail arms. The committee wants the CMA to carry out a…
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Batteries will be derated in Capacity Market auction, BEIS confirms
by New Power •
The government is to go ahead with plans to derate electricity storage facilities that provide power for less than four hours: the change will apply in the forthcoming Capacity Market auctions for 2021/22 and 2018/19. Some 6GW of storage has…
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Electron warns: Ofgem’s CSS procurement is closing off innovation
by New Power •
Blockchain energy systems developer Electron has warned Ofgem that its approach to procuring a Central Switching Service (CSS) is short sighted. In an open letter, the company warned that Ofgem’s approach is “limited in scope”, would perpetuate longstanding industry issues…
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Good Energy to install battery at Eden Project
by New Power •
Good Energy has announced its first battery service solution – a new direction for the green energy company – at the Eden Project in Cornwall. Eden’s new battery, due to be installed in summer 2018, will have five 50kW ‘fridge-sized’…
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Environmental Audit Committee to investigate green finance
by Annabel Andrews •
The Environmental Audit Committee has launched a Green Finance inquiry to scrutinise the government’s plan to develop “world leading green finance capabilities”. The government’s Clean Growth Strategy sets out how more than £2.5bn will be invested by the government to…
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Rampion offshore wind farm generates first power
by Annabel Andrews •
The first fully commissioned turbine at offshore wind farm Rampion has started generating electricity. The installation of the turbines began in March 2017 and was completed ahead of schedule in September. The 400MW Rampion project is located 13 kilometres off…
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Greencoat picks up more solar projects
by New Power •
BayWa r.e. has sold its remaining portfolio of UK solar farms, totalling 75MW, to Greencoat Solar II LP, managed by Greencoat Capital. The portfolio includes includes six solar farms spread across England and Wales totalling 30MW, and the 45MW Bann Road solar…
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SGN to return £145m “unjustified profits” to customers
by Annabel Andrews •
Scotia Gas Networks (SGN) has announced that it will voluntarily return £145m to customers after identifying excess profits from the most recent price control. Under Ofgem’s price control sharing mechanism this will result in £84 million being returned to customers. The…
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Energy sector responds to Industrial Strategy
by Annabel Andrews •
Louise Kingham, chief executive of the Energy Institute, said: “The strategy lays solid, economy-wide foundations and identifies the great challenges of our age. The energy sector has a defining role to play in making a success for the UK of clean…