Ofgem has asked for feedback on whether its market-making windows are working, as part of its review of the Secure and Promote liquidity fix. In 2014, the regulator brought in the Secure and Promote Licence Condition, to try to address…
News
Up to £1m co-funding available for industrial energy efficiency projects
by Annabel Andrews •
The government has launched a new £9.2m accelerator fund for innovative energy efficiency projects helping UK industry. The Industrial Energy Efficiency Accelerator (IEEA) is funded by the Energy Innovation Programme, led by BEIS, and will be delivered over the next…
News
REACTION: Industry responds to smart energy strategy from BEIS
by Annabel Andrews •
Tim Emrich, chief executive, UK Power Reserve, said: “Smart, flexible energy is the future of the UK electricity market, with fast-ramping technologies such as small-scale gas engines and battery storage close to centres of demand. We at UK Power Reserve have…
Longread
‘National debate’ needed as some consumers will lose gas option
by New Power •
Policymakers have to start a national conversation about how to decarbonise heat, says Jeff Douglas, strategy manager at the Energy Systems Catapult, as it will eventually restrict choices for consumers. The comments came in an interview with New Power about…
News
Onshore wind generation could be cheapest new energy if included in CfD mechanism, says Arup
by Annabel Andrews •
New research by Arup for ScottishPower Renewables suggests that onshore wind to become the lowest-cost form of new energy generated in the UK if it were included in the existing Contract for Difference (CfD) mechanism. The report, Established Low Carbon Electricity…
Editor's blog
The things consumers do for 0.0001p
by New Power •
Talk of time of day tariffs sometimes hit an impasse when the amount of money that customers can save by moving out of peak time is calculated. It’s often just pennies. But there is no need for the industry to…
News
Government’s EV targets too cautious, says Baringa Partners
by Annabel Andrews •
Nearly 1 in 5 people said they would consider an electric car for their next vehicle, but government needs to work harder to remove barriers and ensure continued support for the industry, says business and technology consultancy Baringa Partners. Electric vehicle uptake…
News
RSPB Scotland denied appeal over offshore wind farm
by New Power •
Work is expected to start next year on a major offshore wind farm in the Firth of Forth, after RSPB Scotland was denied permission to appeal an earlier go-ahead. Developer Mainstream Renewable Power welcomed a decision by the Court of…
News
Drax reveals £83m pre-tax loss for first half of 2017
by Annabel Andrews •
Drax Group Plc has blamed currency hedging and depreciation of its coal generation assets for the firm’s £83m pre-tax loss, announced in its results for the six months ending 30 June 2017. Cheif executive Dorothy Thompson said: “Delivering reliable renewable electricity…