Ofgem has confirmed major changes to the way business pay to use the power networks. The Energyst asked consultants and end users for an impact assessment. Ofgem’s changes to network charges will have a major impact on business energy bills, particularly for larger power users that have traditionally reduced peak demand through loadshifting. For some, Read more…
Habitat Energy lands 74MW battery flex management deal for Gresham House
Habitat Energy has landed a major contract with Gresham House Energy Storage Fund. The firm, founded by former Aurora executive director Ben Irons, will manage 74MW of battery storage system for the specialist investment vehicle. Gresham House has been tapping aggregators and flexibility platforms to optimise its portfolio in recent months, signing agreements to manage Read more…
Energias De Portugal says flex will be key, invests in GridBeyond
GridBeyond has landed £9m funding in a round led by Energias De Portugal (EDP), one of the world’s biggest renewable energy companies. The aggregator and flexible energy platform provider also secured backing from investors including Total’s Carbon Neutrality Ventures, Irish utility ESB and Act Venture Capital. The firm, with offices in Dublin and Watford, said Read more…
Bosch to pay £38m for bigger stake in UK fuel cell maker Ceres
Bosch will pay £38m to increase its stake from 4 per cent to 18 per cent in UK fuel cell maker Ceres. The company will use some of the money to start building fuel cells, from 30kW to 200kW, taking its technology into more industrial and commercial applications. Ceres will also examine the potential for Read more…
UK bosses less convinced about climate change growth opportunity
Chief executives around the world increasingly believe climate change and the need to mitigate its worst effects will present opportunities to create products and services. According to an annual survey by PwC, chief executives in China are most confident in that opportunity, with 49 per cent strongly agreeing that ‘climate change initiatives will lead to Read more…
Mitie set to smash EV target, but warns charging lag threatens net zero
Mitie’s electric vehicle rollout continues apace. The firm now has its 250th electric vehicle, a Nissan van, on the road at client Heathrow Airport. However, the company has urged other firms and government to commit to decarbonising transport or risk blowing carbon targets. Mitie has committed to switching 20 per cent of its cars and Read more…
Kaluza sells flex from domestic battery storage to WPD
Ovo’s smart grid company Kaluza has sold its first batch of flexibility from aggregated household batteries to Western Power Distribution. The batteries were automatically dispatched in response to signals from WPD’s control centre to reduce evening peaks in Lincolnshire over several weeks. Kaluza said it represented a “milestone” for industry, demonstrating that smart homes – Read more…
Ofgem: DNOs must make progress with flexibility this year
Ofgem has urged distribution network operators (DNOs) to step up efforts to embed flexibility services within day-to-day operations. Speaking at National Grid ESO’s Power Responsive event last week, Louise van Rensberg, interim deputy director, energy systems transition at Ofgem, said the clock was ticking on bringing wider flexibility incentives into the regional monopolies’ allowed spending. Read more…
Replacing transformers is key to net zero
In this sponsored post, Wilson Power Solutions’ Ayah Alfawaris applauds the intent to decarbonise the economy – but says some of the easiest wins and biggest gains are being overlooked. Theresa May took a bold move committing the country to net zero. But that was the easiest part. The hard work must begin now. With Read more…
DMS – Winner of the 2019 Honeywell Channel Partner of the Year award for Northern Europe
DMS Metering Solutions are proud to have been honoured with the prestigious Honeywell 2019 Channel Partner of the Year award for Northern Europe. DMS have a long-standing business relationship with Honeywell, dating back over 15 years, covering multiple product ranges and solutions from Honeywell’s extensive portfolio. DMS’s combination of applicational knowledge, a nationwide stock-based distribution Read more…
Nottingham City Council to roll out wireless taxi chargers
Nottingham City Council is to trial wireless electric taxi chargers after receiving government funding. The trial, which involves the council, Cenex, Sprint Power, Shell, Parking Energy, Transport for London and Coventry University, aims to determine whether wireless technologies can speed up charging and help reduce congestion and clutter in city centres by enabling multiple vehicles Read more…
EV maker Arrival exits stealth mode with €100m from Hyundai
UK electric vehicle maker Arrival has landed €100m (£85m) investment from Hyundai and its subsidiary Kia Motors. The Korean automakers will use Arrival technologies to accelerate their EV rollout plans and create new, purpose-built electric vehicles (EVs). Founded in 2015, Arrival aims to build EVs across categories at lower cost than today’s automakers. It plans Read more…
Microsoft: We’ll be ‘carbon negative’ within 10 years
Microsoft has pledged to be carbon negative within a decade and to remove all the emissions it has ever produced by 2050. Moreover, from next year the company will make carbon reduction mandatory within its procurement processes. Microsoft will halve emissions by 2030, “both for our direct emissions and for our entire supply and value Read more…
Offices ‘should cut energy use 60 per cent to hit net zero’
Offices need to cut energy use by almost two thirds to enable the UK to hit net zero carbon targets. Simply relying on decarbonisation of the power grid is not an option, according to the UK Green Building Council (UKGBC). The council has set out a stepped trajectory for building owners and developers to achieve Read more…
Five electric vehicles take Islington town hall off grid
Islington Council can now run its town hall entirely off grid at peak times, using five Nissan ENV200 electric vans to provide power. Under a trial with energy technology firm Moixa and Honda’s energy management arm, the council aims to work out how electric vehicle (EV) smart charging and vehicle-to-grid technology can cut carbon and Read more…
Major LED lighting projects cut costs up to 80 per cent
In this sponsored post, lighting provider Goodlight outlines how major LED lighting projects at station car parks at St Pancras, Ebbsfleet, Stratford and Ashford have delivered major energy and cost savings. NeuxPark have completed a major Goodlight LED project to refit the lighting in four international station car parks in the South of England with Read more…
£500m SSE–Ovo deal done
SSE will today complete the £500m sale of its retail customer book to Ovo. The deal will propel Ovo to the top table in terms of scale, with SSE bowing out of the domestic retail market to focus on renewables generation and networks. SSE will also keep its 550,000 business accounts and is pinning its Read more…
EV Taskforce: Create better flex incentives for electric vehicles
Stronger incentives and new markets will be required to unlock potentially gigawatts of electric vehicle flexibility, according to a government-appointed taskforce. The call was among a number of recommendations in the EV Taskforce’s report, launched Tuesday. Proposals include making all private chargers ‘smart’ by default by next year, opening new flexibility markets by 2023 and Read more…
Blackrock: firms that fail to decarbonise will not get money
Larry Fink, CEO of the world’s largest asset manager has warned companies they will find access to capital more expensive if they do not decarbonise. Eventually, they may not get it at all. At the start of each year, the Blackrock CEO, who oversees $7tn worth of assets, largely pensions funds, writes to CEOs of Read more…
TCR: Triads and tribulations for large energy users
Ofgem’s final decision on reforms to network charging arrangements will have a big impact on business electricity bills from next year. Chris Hurcombe, director of third party intermediary Catalyst Commercial, outlines some key considerations Ofgem’s Targeted Charging Review (TCR) will make sweeping changes to transmission (TNUoS) and distribution (DUoS) residual (or sunk) network charging structures Read more…
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