Northwest water utility United Utilities saw its power costs rise nearly 20% to £99.6 million in the year to end March 2022, despite a hedging strategy that saw it fix prices well below market rates for the year. Where UU…
News
SSE benefits from networks businesses, Balancing Market, to see profits rise
by New Power •
SSE has begun the sales process for a 25% stake in its transmission business and it expects to make a decision on the timing of the sale of a similar stake in its distribution business this financial year, after the…
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Uskmouth battery planned for operation in 2024
by New Power •
Plans have been finalised for a 230MW/460MWh battery at Uskmouth, according to SIMEC Atlantis Energy (SAE), which had to abandon plans to develop an energy from waste plant at the ex-coal site. The battery requires a planning application, to be…
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Bluefield acquires two 40MW battery projects
by New Power •
Bluefield Solar has acquired two standalone 40MW battery projects from Green Hedge Energy UK Limited expected to begin construction this year. The £4.5 million acquisition included development rights, grid connection costs and the leasehold of land for the two projects,…
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New France-GB interconnector ElecLink opens for business
by New Power •
ElecLink, a new interconnector between the GB and French electricity markets, will start commercial operations on Wednesday 25 May, the company has announced, following the completion of commissioning on 13 May. The 52km long cable is installed in the Channel…
Longread
FROM THE ARCHIVE: building ElecLink
by New Power •
In June 2018 Eleclink’s Steven Moore talked to Janet Wood about the strict timetable needed to install an interconnector alongside a busy train service – and the nerve required to take forward the new link at the time of Brexit…
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Hinkley Point C delayed, costs rise
by New Power •
EDF has announced that expected startup of Hinkley Point has been delayed by a further year, with “the risk of further delay of the two units assessed at 15 months, assuming the absence of a new pandemic wave and no…
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Ecotricity wind farm gets co-located battery from ABB
by New Power •
ABB is to co-locate a battery at Ecotricity’s 6.9MW wind farm in Alveston Gloucestershire. The 10MW/20MWh Li-Ion battery will be installed alongside Ecotricity’s wind farm, which was constructed in 2017, next year. The lithium-ion batteries will be supplied by Kore…
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PV installation at Harlow warehouse nears 1MW
by New Power •
Real estate investment trust Tritax Big Box has installed 999.75kWp of rooftop solar PV at a logistics warehouse at the Ash Industrial Estate, Flex Meadow in Harlow. The building, which totals 276,213 sq ft, is operated by Brakes as a…