Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

KiWi Power Says It Joins Smart Grid Project in Northern England

Jan. 23 (Bloomberg) -- KiWi Power Ltd., an electricity demand-management company in London, has joined Britain’s biggest project to help develop a smarter energy network.

“KiWi Power’s participation in this trial will help us to understand how new commercial innovation may avoid the need to physically upgrade the network,” Jim Cardwell, head of regulation & strategy at Northern Powergrid Holdings Co., one of the companies’ leading the smart grid trials, said in an e-mailed statement.

The distribution company, which flows electricity to 3.8 million homes, won 26.8 million pounds ($41.6 million) from Ofgem’s so-called Low Carbon Networks Fund for its network project in northern England. The company is trialing new agreements as part of its Customer-Led Network Revolution. That may save 8 billion pounds and 43 million metric tons of CO2 by accelerating the use of renewable energy and demand response, according to the e-mailed statement.

Britain is chasing a target to reduce carbon emissions to 34 percent below 1990 levels by 2020 and improve energy efficiency to help curb costs for energy consumers. Changing use of electricity can reduce power demand and limit the need to build more cables, reducing costs and curbing carbon dioxide emissions, a greenhouse gas blamed for climate change.

The 54 million-pound project, backed by Centrica Plc’s British Gas unit and Durham University, is known as the Customer-Led Network Revolution. It will study the effects of reducing energy consumption at times of peak demand, as well as the use of solar panels, heat pumps and electric cars on the power network.

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.