National Grid outlines new footroom service to tackle lockdown lows
National Grid ESO will go live with a new footroom service from 7 May, paying people to use more power over the summer or...
DSR can bid for 15-year capacity market agreements
Demand-side response will be able to bid for 15-year capacity market agreements under changes to government’s flagship policy intended to keep the lights on...
As solar breaks records, National Grid mulls turning it off
National Grid ESO is working out how to manage low demand on the transmission system exacerbated by the coronavirus lockdown. One option is paying...
Ovo axes 2,600 jobs
Ovo Energy is to make 2,600 staff redundant by the end of the year.
The company cited customers switching to online self-management and a slump...
Electron: local energy markets will solve demand-supply issues
Local energy markets are required to solve challenges on the national power system, according to energy technology company Electron.
National Grid ESO is working on...
Eon doubles revenues, but Npower pushes UK business into loss
Eon doubled group first quarter revenues after bringing Innogy into the fold. Revenues stood at £15.6bn with earnings up 34 per cent to £1.29bn.
However,...
Piclo lands first international flex market deal
Flexibility marketplace provider Piclo has signed terms for its first international trial.
However, it will now work with a consortium led by Eles, Slovenia’s transmission...
Eon: Lockdown sees business energy demand fall 38 per cent
Business energy demand has dropped 38 per cent on average since the start of coronavirus lockdowns, according to Eon.
Leisure, hospitality and real estate sectors...
Former Extra Energy and Inenco Direct boss joins smart billing firm Junifer
Former Extra Energy CEO and Inenco Direct managing director Geoff Childs has joined utility smart billing firm Junifer Systems.
Childs joins as business development director.
Paul...
Electron, EDF, SSEN, Kaluza to launch Orkney flexibility exchange
A consortium including Community Energy Scotland, CGI, EDF, Elexon, Energy Systems Catapult, Kaluza and Scottish and Southern Electricity Networks is set to launch a...
Flexitricity to trade 75MWh battery for Gresham House
Aggregator Flexitricity will trade flexibility from Gresham House Energy Storage Fund's biggest battery storage scheme, the 50MW/75MWh Thurcroft development.
The Edinburgh-based firm already has a...
Eon and Npower’s industrial and commercial businesses to merge
Eon and Npower's business energy supply units are to merge.
Npower's business supply unit was originally left out of the deal which saw its domestic...
Robin Hood Energy under review after £23m loss
Nottingham Council owned energy supplier Robin Hood has posted a £23.1m loss for 2018/19.
While the firm’s management says it is “confident” financial stability can...
Limejump adds Ylem’s 20MW Trafford peaker to virtual power plant
Shell-owned Limejump has added Ylem's new 20MW Trafford gas peaker to its virtual power plant.
Despite challenges due to coronavirus restrictions, Ylem commissioned the engines...
The battery storage market is being failed by its traders
In the medium term, only the best traders will survive in the battery storage market, suggests Kiwi Power head energy merchant, Aaron Lally.
Battery storage...
Frequency response prices rise, changes ahead; Stor procurement suspended
Rising prices for firm frequency response at the tail end of 2019 brought more providers back into play, according to National Grid ESO.
Meanwhile Triad...
Fintan Slye: Inertia is “taken for granted”; it will become much more important
Inertia in the GB power system will become far more valuable according to the head of the system operator, Fintan Slye.
"Inertia will become much...
Bristol Energy appoints EY to ‘assess future business viability’
Bristol City Council has appointed EY to conduct “a full and thorough assessment of Bristol Energy’s structure and future business viability”.
That structure may lie...
Gresham House to hit 364MW storage, says UK needs 10GW fast
Gresham House Energy Storage Fund remains on the acquisition trail, with assets committed to double its 174MW portfolio this year alone.
In its first full...
Coronavirus demand destruction gives National Grid another plate to spin
National Grid electricity system operator (ESO) has reassured the public that it has plenty of power to keep the lights on during the coronavirus...