The Competition Markets Authority is seeking views on its plans to introduce a locational pricing system for transmission losses. In its investigation into the energy market published in June, the CMA found that the absence of locational pricing for transmission losses…
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Government should support pumped storage to help system operability and security of supply, report finds
by Annabel Andrews •
The government should consider options to support the market for pumped storage hydro to provide the long-term confidence required by investors. The recommendation came in a new report by DNV GL, commissioned by Scottish Renewables, into the benefits of pumped storage hydro…
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Brechfa Forest West wind farm connection wins development consent
by New Power •
WPD has won development consent to install a 132kV electric line of 28.6km, connecting the consented Brechfa Forest West wind farm to an existing overhead line near Llandyfaelog. Overhead line will be employed for 25.3km of the new link and…
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NEAS signs PPAs with five Baywa.r.e sites
by New Power •
BayWa r.e. has signed 15-year power purchase agreements (PPAs) for five solar parks in southern England and Wales totalling 83MWp. The contractual partner is the energy trading company Neas Energy. All five solar parks have achieved 1.3 ROC accreditation .…
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Citizens Advice welcomes May’s promise of action to help energy customers
by New Power •
Citizens Advice has welcomed prime minister Theresa May’s promise to “set the market right” in energy. Gillian Guy, chief executive of Citizens Advice, said: “The prime minister is right to call out businesses who are letting down their customers –…
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Coal to hydro storage plant takes a step foward
by New Power •
Plans for a new hydro pumped storage plant making use of an abandoned opencast coal mine for its water storage took a step forward this week, when developers applied for an electricity generation licence. The planned Glen Muckloch plant, near Kirkconnel,…
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BayWa r.e sells wind farm to Octopus Investments
by New Power •
BayWa r.e. has sold its 29.7MW Fraisthorpe wind farm, near Bridlington to funds managed by the UK investment fund manager Octopus Investments. This is the fifth successful wind farm sale from the BayWa r.e. portfolio to take place in the…
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CMA calls for opinions on price comparison websites
by New Power •
The Competition and Markets Authority has set a 24 October deadline for submissions to its market study on data comparison tools, including price comparison websites that cover the energy industry. The CMA expects its market study into the tools to…
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Offshore Renewable Energy Catapult invites oil and gas skills base to join R&D effort
by New Power •
The Offshore Renewable Energy (ORE) Catapult has launched a series of innovation challenges, to harness Britain’s world-leading experience in oil and gas for the growing offshore renewables market, which is set to spend £210 billion in the coming decade. The…