Plans have been announced for a 2000MW interconnector between the GB grid and France, potentially bringing the total interconnector capacity between the two grids to 9GW. The new HVDC link would connect at Lovedean, near Portsmouth and Haute Normandie in…
News
Ofgem acts to protect customers in credit if their energy supplier goes out of business
by New Power •
Energy regulator Ofgem is planning to refine its ‘supplier of last resort’ arrangements – which take effect when an energy company fails – so that customers who are in credit with the failed supplier are less likely to lose their…
Editor's blog
Decarbonisation: it’s about much more than power
by New Power •
As the editor of New Power, no-one likes talking about power stations more than me. But I was still disappointed that the Green Alliance’s debate as it launched a report on low carbon opportunities (“Will the UK succeed in a…
News
Glamorgan Power Company withdraws application for opencast coal mine
by Annabel Andrews •
Glamorgan Power Company has told local Torfaen council that it will be withdrawing its application for an opencast coal mine at Varteg Hill in Wales. The company had submitted an amended proposal in February – some 12 years after the…
News
Revised P2 standard consultation closes this Sunday
by Annabel Andrews •
A consultation on changes to distribution network supply standards – so-called P2 – that could see local standards vary between areas will close on Sunday at 5pm. The consultation has been published by an industry working group, called GB Distribution Code…
News
National Grid seeks to pass extra £113M ‘Black Start’ bill from Drax and Fiddlers Ferry on to customers
by New Power •
Ofgem wants answers from electricity system operator (SO) National Grid on why it spent over three times its budget to procure additional contracts with suppliers of a specialist network service – Black Start – for 2016/17. The SO wants to…
News
Two weeks to apply for Good Energy’s £3.1 million share offering
by New Power •
Good Energy wants to raise £3.1 million in new funding and has launched a share offering. Shares will cost £2.08 each, with a minimum application value of £520. The company said it “anticipates most applications from existing customers, bondholders and…
News
Accelerate coal phase out, government told
by Annabel Andrews •
Phasing out coal will not undermine the security of the UK’s energy supply and could be achieved two years ahead of schedule, according to a new report from think tank Bright Blue. In its report, Keeping the lights on: security of…
Flash update
Dong closes IPO to retail investors
by New Power •
Dong Energy will close of its initial public offering to retail investors at 4pm (CET), it has announced. Retail investors can invest up to DKK 3 million (£310,000) and the aggregate demand now exceeds the expected allocation of offer shares…