Gas suppliers are investigating their consumer meters after E.On discovered that around 600 of its residential and small business customers have been incorrectly charged for gas, due to metric meters being incorrectly registered as imperial meters or vice versa. This…
News
Teesside biomass plant reaches financial close
by New Power •
Macquarie Capital and Macquarie Commodities and Financial Markets have reached financial close on £900 million of funding for a 299MW biomass-fuelled combined heat and power plant on Teesside. Developed by MGT Power, Tees REP is claimed to be the world’s…
News
Record number of electricity customers switched in July
by Annabel Andrews •
Over 300,000 (333,653) people switched electricity supplier in July, which is a record high for July and a 22 per cent increase from July 2015. This brings the total number of electricity switches to over two and a half million…
Perspective
How can we ensure domestic electricity pricing is smart and fair in future?
by New Power •
Sustainability First’s Jon Bird looks at the results of time-of-use charging trials in energy and water and finds that there are winners and losers. It may be impossible to make it fair for everyone, but we must tackle the extremes, he says
News
New 2.3GW OFTO tender round to open 10 October
by Annabel Andrews •
Ofgem gave notice today that a new competitive offshore transmission licence tender round will start on 10 October 2016. The bidding process – known as Offshore Transmission Owner (OFTO) Tender Round Five (TR5) – will decide who owns the transmission assets of the following projects: Dudgeon…
News
Large staging cluster will not reduce costs, say offshore wind developers
by Annabel Andrews •
There is little evidence that the development of a ‘large cluster’ for offshore wind staging and manufacturing activities would significantly reduce the marginal cost of energy from the UK’s offshore wind projects, compared with supply chain development using existing port infrastructure. That’s one…
Longread
Bonfire of red tape ‘most damaging energy decision’
by New Power •
Decisions taken in the government’s ‘bonfire of red tape’ have been more harmful to energy investment than any changes in renewable energy subsidy, according to key industry investor Siemens. Interviewing Matthew Knight, Siemens director of strategy and government affairs, GB…
News
E.On to dispose of two offshore bombs at Rampion this week
by Annabel Andrews •
Two unexploded devices, detected along the Rampion offshore cable route will be safely disposed of this week, E.On have confirmed. The company discovered the two devices, thought to date from WWII, in March during unexploded ordnance (UXO) surveys, which are undertaken as protocol…
News
Biomass CHP in Kent funded by Danish pensioners
by New Power •
Copenhagen Infrastructure II, a fund under Copenhagen Infrastructure Partners, and through it PensionDanmark and 18 other institutional investors, has teamed up with Burmeister & Wain Scandinavian Contractor (BWSC) to acquire the Kent biomass-fired combined heat and power (CHP) plant project.…