Simic Atlantis share price soars on Uskmouth debt finance framework
Simec Atlantis has seen its share price soar in early trading after striking a financing deal with South Korea's Hana Financial Investment (HFI) for...
Ovo cops bill for SSE’s missed smart meter targets
Ovo will pay £1.2m in redress after SSE Energy Services failed to meet its smart meter installation target for 2019.
Ovo acquired the SSE’s domestic...
SSE enters DSR market, woos I&C businesses and local authorities
SSE Enterprise is stepping up its push to bring industrial and commercial firms into flexibility markets and ancillary services with the formal launch of...
Flexitricity founder on what National Grid’s Future Energy Scenarios are really saying
Back in 2016, New Power carried this headline: “Ofgem tells National Grid: ‘We are not “Going Green”’.” That regulatory smackdown of National Grid’s annual...
Vestas lands biggest single onshore turbine order for SSE’s giant Viking wind farm
SSE has confirmed that Vestas will supply all of the 103 turbines for its 443MW Viking onshore wind farm in the Shetland Isles.
The deal...
National Grid aims to replace Sizewell footroom with small generators
When its multimillion pound contract with EDF comes to an end, National Grid ESO aims to work with smaller generators, including wind and solar...
Carbon capture and storage: Don’t just focus on clusters, industry urged
Policymakers and proponents of carbon capture and storage (CCS) as a means of decarbonising industry need to come up with a comprehensive plan, and...
Summer balancing costs £718m and counting, Ofgem mulls what to do
The UK has incurred record power system balancing costs this summer as a result of Covid lockdowns and subsequent demand destruction.
Ofgem is now preparing...
Electric vehicles: Trojan lances and smart street chargers win government funds
Two projects aiming to deliver smarter on-street charging for electric vehicles have been awarded government funding.
One, led by Element Energy, will see ‘Trojan Energy...
TPI warns fixed energy contract prices set to soar
Fixed energy contract prices for industrial and commercial businesses are set to soar – and are likely far less ‘fixed’ than consumers believe, an...
Optimise Prime: Electrifying fleets without breaking the grid?
Distribution network operators and fleet companies are working out how to enable the EV transition without simply resorting to grid upgrades. The Optimise Prime...
A year since the last blackout, National Grid tells small generators to act
A year since the UK’s last major blackout, National Grid ESO is urging small generators to complete work so that they are less prone...
Buses as virtual power plants: SSE, UKPN and TfL go V2G in N17
SSE Enterprise and UK Power Networks are among a consortium of firms bidding to turn a North London bus depot into a virtual power...
Npower doubles Eon’s UK sales, 5,000 job cuts loom, b2b sale undecided
Eon doubled UK energy sales in the first half of the year despite the impact of Covid-19, thanks to the inclusion of innogy operations,...
Auditors issue damning report on Robin Hood Energy
Auditors Grant Thornton have issued a damning report on the political and leadership failings that have left Robin Hood Energy’s future in the balance.
The...
Ørsted CEO: “There’s a big need for more flexibility”
Increasing volatility driven by greater penetration of renewable power will require a major increase in system flexibility, according to Ørsted CEO, Henrik Poulsen.
Posting half-year...
NIC: Increasing renewables to 65 per cent ‘won’t cost any more’
Policymakers should increase targets for renewable power from 50 per cent of the generation mix to 65 per cent by 2030, according to the...
Capita makes play to add EV charging to DCC’s remit
The Data Communications Company, set up to manage the UK’s smart meter data communications infrastructure, is stepping up efforts to expand its remit into...
South Somerset council now live with 30MW of battery storage
The final 5MW of battery storage at South Somerset District Council’s (SSDC) Fideoak Mill site in Taunton is now live, taking it to 30MW.
The...
Yü acquires Bristol Energy’s business customer book
Yü Energy has acquired Bristol Energy's business customer book, some 4,000 meter points, following a competitive tender.
Bristol City Council is also seeking a buyer...