A total of £3.12 million will be provided to 54 heat networks in the latest funding round of the Heat Network Efficiency Scheme (HNES). The Department for Energy Security and Net Zero funding helps heat network owners and operators in…
News
Queue management changes will clear ‘zombie’ projects from transmission connections queue
by New Power •
New rules to speed up electricity grid connections and force stalled or speculative developers out of the queue have been announced. The change will sweep away GB’s strict ‘first-come, first-served’ system, which allows ‘zombie’ projects that are delayed or unlikely…
Longread
UK should hold steady to benefit from its global leadership on green energy says Mitsubishi chief
by New Power •
The UK can maintain its ambition to be the ‘Saudi Arabia of wind’ and a green energy leader, despite recent setbacks, and the government should maintain momentum to take advantage of its position, says Dr Javier Cavada, chief executive and…
News
Six suppliers make redress totalling £10.8M after falling short on smart meter installation
by New Power •
British Gas, Ovo, Bulb, E.ON, Scottish Power and SSE are to pay a total of £10.8 million to Ofgem’s Energy Industry Voluntary Redress Fund after in a shortfall to install a total of 1,026,628 smart meters by the end of…
News
ACT NOW: Transport for London is seeking users for its waste heat, wants feedback by 11 December
by New Power •
Transport for London (TfL) is looking for offtakers who can use its waste heat and is asking for feedback by 11 December to help it understand the opportunity. TfL’s Waste Heat programme aims to help London reach its 2050 zero-carbon…
News
Octopus Energy and Bellway join forces on ‘Zero Bills Homes’
by New Power •
Octopus Energy and Bellway Homes have announced a partnership to deliver ‘zero bills homes’ that allow customers to move into homes guaranteed to have no energy bills for at least five years, guaranteed. The homes come with an air-source heat…
News
King’s Speech: the industry responds
by New Power •
Juliet Phillips, Senior Policy Advisor, E3G: “The King’s Speech shows that the government is out of touch with the reality of the cost-of-living crisis. The announcements contained no measures that would rapidly lower energy costs or permanently reduce the exposure…
News
EQT Infrastructure fund to acquire Statera Energy from InfraRed Capital Partners
by New Power •
The EQT Infrastructure VI fund is to acquire Statera Energy Limited from InfraRed Capital Partners. Established in 2015, Statera has 1GW of flexible generation – batteries, key flexible technologies, pumped hydro and green hydrogen production – in operation and under…
News
Green heating projects win £65M in grants, build in response offering for networks
by New Power •
Five green heating projects have shared nearly £65 million in government grants from the Green Heat Network Fund. The awards, managed by Triple Point Heat Networks Investment Management, went to projects that mostly used heat pumps and two had energy…