Generation

Editor's picks

Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.
News
Crown Estate Scotland has raised the maximum option fees for its ScotWind offshore wind leasing round by ten-fold to £100,000/km². The decision follows a review of the arrangements that was launched after the winners in the Crown Estate’s fourth offshore wind leasing round for England and Wales agreed to pay option fees initially worth £879 million per year for almost 8GW of capacity its first competitive bidding process.
News

Featured

Net zero is a once in a generation opportunity to transform the energy system. This high-level report, in association with Microsoft and Accenture, explores how digital technology and partnership working can help the sector accelerate and scale up to deliver the transition affordably.
Downloads
As part of our Countdown to COP campaign, Utility Week speaks to Suleman Alli, director of strategy & customer service at UK Power Networks. He discusses the need to present decarbonisation as an economic opportunity rather than a cost burden, why the sector should be promoting “open energy” and three principles to boost consumer participation in the net-zero agenda.
Interviews

Latest in Generation

National Grid Electricity System Operator (ESO) has awarded eight Electricity System Restoration Services (formerly referred to as black start) for the North West, North East and Scotland.
News
The Department for Business, Energy & industrial Strategy (BEIS) has been urged to set a minimum price for the surplus electricity provided by small scale generators to the grid through the Smart Export Guarantee (SEG).
News
Challenger energy supplier So Energy has signed two new power purchase agreements (PPA) worth an estimated £20 million.
News
In our latest review of sector coverage across the national newspapers, Goldman Sachs is said to be in advanced negotiations to inject capital into Ovo Energy. Meanwhile, BP is considering bidding in the Scotwind auction as it ramps up its green ambitions. Lobbying efforts to promote investment in hydrogen and the future of desalination for drinking water are also analysed.
News
Octopus and Midcounties Co-operative have relaunched their community energy scheme and will soon offer customers the chance to invest in a stake through their bills. Younity, previously called Co-op Community Energy, has partnerships with 100 community generators across the country. Octopus supplies Co-op through a white label agreement, with the latter recently re-branding to Your Co-op Energy. 
News
Flexible Connections were once seen as a key enabler for the cost effective and timely addition of renewable generation to the grid. However, the product has not adapted to address concerns around market access, liabilities and long-term optionality. Smarter Grid Solutions co-founder Alan Gooding looks at what went wrong, and suggests some solutions.
Opinion
SP Energy Networks (SPEN) is to launch its largest ever flexibility tender. Graham Campbell, head of distribution systems operation at SPEN, exclusively revealed at Utility Week’s Future Networks Conference that the company is seeking to procure 1.4GW of flexibility for 2023 to 2028.
News
Several large energy suppliers have called on the government to shift policy costs from electricity bills and introduce a carbon tax to deliver its green heating ambitions. Ovo, Eon, EDF and Scottish Power commissioned a report by consultancy Public First which looks into options for incentivising heat decarbonisation, claiming the current framework actively encourages the use of fossil fuels. Meanwhile, Energy Systems Catapult has backed the creation of an economy-wide ‘carbon regulator’.
News
As utilities move closer towards digitising their services, the need for high quality interconnected data is greatly increased. The supply, maintenance and billing are all centred on address data, so accuracy here is pivotal in linking the different datasets in the drive for efficiency and increased revenue.
Opinion
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