National Grid Gas Transmission overspending on data centres
National Grid Gas Transmission is forecast to overspend the totex allowance for its system operator role by £177.5 million by 2021 due to increased spending on data centres and cyber security.
SHET secures £500 million for major transmission link
Scottish Hydro Electric Transmission has secured a £500 million loan from the European Investment Bank to support the reinforcement of the transmission network in the north of Scotland.
‘Unquestionable need’ for innovation funding, networks tell Ofgem
Energy networks have unanimously called on Ofgem to continue funding innovation, saying ending the support now would be “premature”.
DNOs could be given greater powers to free up network capacity
Distribution network operators (DNOs) could soon be given greater powers to withdraw a connection offer from a customer if their development is not progressing to meet certain ‘milestones’, in an effort to free up network capacity.
Gas networks in line for transporting shale gas: Decc
The gas distribution networks could be in line for transporting shale gas, if the nascent shale exploration industry takes off in the UK, according to energy minister Andrea Leadsom.
Scrap intellectual property rules, industry tells Ofgem
Network companies and third parties involved in the Network Innovation Competition (NIC) have called for more flexible rules on intellectual property (IP).
NIC is stifling real innovation, Ofgem told
The Network Innovation Competition (NIC) cannot fund true innovation because of its adverse attitude towards failure and the short time frame allowed to judge a project’s success, third parties involved in the scheme have said.
Policy & Regulation
Ofgem mulls overhaul of network innovation funding
The Network Innovation Allowance (NIA) and the Network Innovation Competition (NIC) are in line for an overhaul as Ofgem confirms an in-depth review of the funding mechanisms over the summer.
Integration of OT and IT key for asset management gains, say industry executives
New research has highlighted the importance with which utility industry executives view the integration of operational and information technology.
Strategy & Management
Actavo makes US acquisition
Engineering solutions provider Actavo has bought Atlantic Engineering Group, marking its first foray into the US market.
Systems advocate joins Catapult board
The Energy Systems Catapult has appointed an expert in whole energy system modelling to join its board, strengthening its expertise in energy systems integration.
Energy storage could cut bills by £50 by 2030, says Carbon Trust
Full utilisation of energy storage has the potential to cut household electricity bills by £50 a year through a system-wide saving of £2.4 billion, a new report by the Carbon Trust has claimed.
NIC calls for raft of regulatory changes
The National Infrastructure Commission (NIC) has called for a raft of regulatory changes to create a level playing field that would allow energy storage and demand flexibility to ensure security in the UK’s future low-carbon energy system.
Decc offers £1.5m funding boost to heat networks
The Department of Energy and Climate Change (Decc) has offered heat networks have been offered a major funding boost, sharing out £1.5 million between 24 local authorities across England and Wales.
Policy & Regulation
MPs hear row over energy storage
An industry row over the best way to develop energy storage and the role of DNOs broke out at a select committee hearing this week.