A change in the blockchain Etherium has reduced its energy consumption by more than 99% to 0.01TWh/yr, the company says. The so-called ‘merge’, completed recently, has cut energy costs because in changes the way blocks are determined to add to…
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Irish bank signs corporate PPAs for two solar farms
by New Power •
Irish banking group AIB has signed a corporate power purchase agreement (CPPA) with NTR for energy generated from two solar farms in County Wexford to be constructed. AIB says it is the first Irish company to conclude such an agreement,…
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RES sells third Northern Ireland wind farm project to ERG
by New Power •
RES has sold Corlacky Hill wind farm to ERG UK Holding Ltd, a company owned by European wind energy producer ERG. The project will consist of 11 turbines with an expected total installed capacity of up to 47 MW, located…
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Gas users to get upfront payments if they offer ‘demand side response’ in winter supply crunch
by New Power •
National Grid Gas Transmission (NGGT) has been granted permission by Ofgem to expand a payment offer to gas users who are able to reduce their use in the event of a gas supply emergency. NGGT has been able to use…
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Carbon capture tech wins funding
by New Power •
The Clean Growth Fund and Barclays have invested £4.4 million in Belfast carbon capture company MOF Technologies (MOF Tech) along with an existing investor. A spin-out from Queen’s University Belfast, MOF Tech has developed a carbon capture solution to reduce…
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Ukraine seeks equipment from Europe’s closed coal plants; UK and EBRD provide liquidity support
by New Power •
Ukrainian power company DTek is asking countries who have closed their coal-fired power stations to pass on equipment so Ukraine can quickly bring power stations that have been damaged by Russian bombing back on line. In DTek’s regular update on…
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BEIS opens tender for energy ‘digital spine’ feasibility study
by New Power •
The Department for Business, Energy and Industrial Strategy (BEIS) has issued its invitation to tender for a feasibility study for a ‘digital spine’ for the energy system. The government said in its 2021 Energy Digitalisation Strategy that only a digitalised…
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Celtic Sea 4GW floating wind tender set for mid-2023 as Crown Estate sets out new lease plans
by New Power •
The Crown Estate (TCE) has provided more information on seabed leases for floating wind energy in the Celtic Sea, so that developers can form consortia and prepare for a tender, which will launch in mid-2023. TCE will offer 60-year leases,…
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Lightsource BP set to begin construction on 61MW solar farm; promises similar sites to follow
by New Power •
Lightsource BP says it has kick-started construction contracts for its largest ever UK solar project. Construction of the 61MWp project will begin at Tiln Farm, Retford in November. Lightsource BP will be investing over £40 million into the project. The…