Ofgem has published gas and electricity price caps for customers using pre-payment meters. The caps apply to electricity and gas and vary between regions (because network charges vary) and between types of meter (eg for those on Economy 7 tariffs).…
News
Electric vehicles: ‘perfect storm’ could see consumer boom
by New Power •
Government projections that there will be two million electric cars on the road by 2020 are understated, says Tim Payne, chief executive of new fast-charging company InstaVolt. In a New Power interview Payne says there is a ‘perfect storm’ of…
Flash update
Do you have an opinion on research funding for flexible energy technologies? Innovate UK wants views by today
by New Power •
Organisations are invited to respond today to an online survey on how a new research fund should be used. The new Industrial Strategy Challenge Fund (ISCF) was announced alongside the Green Paper setting out plans for an Industrial Strategy on…
Perspective
OPINION: Take the Brexit opportunity to engineer a better energy landscape
by New Power •
Chris Evans, deputy managing director at Rolton Group, says this is a good time to reassess our steps towards a low-carbon economy, broaden our technology choices, and move heat up the agenda The start of 2017 has not alleviated the…
News
Dong Energy to phase out coal by 2023
by Annabel Andrews •
Dong Energy has announced it will convert all its remaining coal-fired power stations to biomass by 2023. “We’ve decided to take the final step and phase out the use of coal at all our power stations. The future belongs to…
News
BayWa r.e. sells three solar farms
by New Power •
BayWa r.e. has sold three British solar farms to Allianz Renewable Energy Fund II managed by Allianz Global Investors. Combined, the three solar farms have a total output of around 100MWp. BayWa r.e. has now sold all of the solar…
News
Centrica orders two 50MW gas-fired plants from Wärtsilä
by Annabel Andrews •
Centrica has ordered two 50 MW Smart Power Generation plants from Wärtsilä. The energy company secured agreements for more than 500MW of new build power facilities in the latest capacity market auction. The two new plants are based on five Wärtsilä 34SG…
Flash update
Energy rebate that could have cost new suppliers dearly
by New Power •
Electricity customers have received two £12 payments via the Government Electricity Rebate scheme. Ofgem E-serve, which administered the scheme, said it was pleased with the process. But one new supply company said the cost of administering the rebate placed an…
News
Ofgem consults on changes to tariff options
by Annabel Andrews •
Ofgem has put out its final proposals aimed at helping customers make informed choices about their energy tariff. The consultation forms part of the regulator’s commitment to rely more on enforceable principles rather than detailed rules about how suppliers should run…