UPDATED: The BSC Credit Assessment Price is set to rise to £415/MWh unless there is significant change in market direction over the next two weeks. The BSC’s Credit committee met on 16 August to post a rise to £390/MWh (as…
News
Loop Energy plans hydrogen fuel cell facility for heavy transport industry in Essex
by New Power •
Loop Energy has announced plans for its first fuel cell facility in the UK. The company designs and manufactures hydrogen fuel cells for commercial mobility and it currently has facilities in Canada, Italy and China. Roles at the new facility…
News
Gresham House takes on Devon solar farm
by New Power •
Gresham House has acquired the 20MW Beavor Grange solar farm near Axminster, Devon, from Anesco. It is the fourth site in a three-year development and construction partnership for 200MW of ground mount solar valued in excess of £100 million. It…
News
J Murphy & Sons to start early onshore work for Norfolk offshore wind zone
by New Power •
Engineering and construction company J. Murphy & Sons has won a £2.5 million contract with Vattenfall to deliver early works for the onshore cable installation scope of the Norfolk Offshore Wind Zone. Vattenfall said the early works, which include site…
News
Islandmagee gas storage project: Islandmagee expects ‘sell or invest’ decision in Q4
by New Power •
Harland and Wolff may sell its Islandmagee gas storage project in Northern Ireland, the company said. The company said a Final investment decision (FID) had been delayed due to judicial review over its Marine Licence, but “the advice we have…
News
North East, Humber, North West England and North Wales CCUS projects pass first hurdle in BEIS funding round
by New Power •
BEIS has named 20 carbon capture, use and storage (CCUS) projects that will enter the due diligence process and could receive government funding. The group are the second phase in a sequence of CCUS projects. In November last year BEIS…
News
Norway warns power exports will have lower priority as it seeks to manage water reserves
by New Power •
Norway will have to prioritise maintaining its hydropower reservoir levels if they fall to low levels, and that may limit its exports, Oil and Energy Minister Terje Aasland said in a statement to the Norwegian parliament (the Storting) about Norway’s…
News
Denby Pottery installs PV to cut power bills
by New Power •
Denby Pottery has installed a solar PV array in conjunction with Ylem Energy Ltd that will generate more than 2GWh per year and offset 26% of the company’s power usage. The 9,900 m2 array has been funded through Ylem Energy’s…
News
Interconnector company Aquind to seek judicial review over development consent refusal
by New Power •
The High Court has given permission for interconnector company Aquind to apply for judicial review of the decision of the Secretary of State to reject a Development Consent Order for its planned link with France. The Court has confirmed that…