Global risks are dominated by the environment and climate change, and by the connected world and Internet of Things, according to the World Economic Forum’s annual Global Risks Report, which also named inequality among the three major risks. The WEF…
Flash update
Cold snap will test energy suppliers
by New Power •
Falling temperatures, rising prices and increased volatility could combine this week to test energy suppliers’ hedging arrangements. The Met Office has issued yellow weather warnings for the remainder of the week, with snow and high winds expected to affect most…
News
Mendip Green Party offers one-off payment for customers switching out of nuclear
by New Power •
Mendip Green Party is offering a one-off payment for customers switching from any supplier using nuclear energy to Ecotricity or Good Energy. It has promised £20 to customers who switch a single fuel and £40 for a dual-fuel switch. The…
News
Carbon Trust launches competition to reduce cable damage during offshore construction
by Annabel Andrews •
The Carbon Trust’s Offshore Wind Accelerator (OWA) has launched a new global innovation competition to find and fund the development of innovative solutions to a challenge facing the offshore wind farm industry today: how to monitor the condition of subsea…
News
European Commission gives €20.3m to Atlantis for tidal array project
by Annabel Andrews •
Tidal power company Atlantis has secured a €20.3m grant from the European Commission for its MeyGen Phase 1B project, which will be developed by the Demotide Consortium. Demotide will design, build and operate a 6MW turbine array, MeyGen Phase 1B, in…
News
National Grid prepares to manage 3-5GW of excess inflexible power in the summer of 2017
by New Power •
National Grid expects to have to manage excess generation of 3-5GW during the summer of 2017 and has announced plans to procure more so-called ‘footroom’ services to soak up the power overspill. Services will include a major expansion of ‘Demand…
News
Holyrood seeks views on management of Scottish Crown Estate
by Annabel Andrews •
The Scottish government has launched a 12-week consultation on the long term framework for the devolved management of the Crown Estate in Scotland. The devolution of the management and revenue of the Crown Estate in Scotland was recommended by the Smith…
Longread
The Internet of Things: utilities warned they may lose the customer relationship
by New Power •
The Internet of Things is coming and it could see traditional energy utilities’ business slip away. That was the message from a survey on the IoT published in the January issue of New Power Report. Utilities have to act now…
Perspective
OPINION: Renewable energy offers a Brexit lifeline to farmers
by New Power •
David Clubb, director of RenewableUK Cymru, argues that rural communities unsure about how Brexit will affect subsidies should not discount the opportunities for energy projects The farming community is no stranger to change, but the coming years will test the…