National Grid has secured £1.7 million from Ofgem’s Strategic Innovation Fund to further develop four innovation projects. National Grid Electricity Distribution (NGED) has been awarded £920,000 for projects to support the decarbonisation of rural communities and the construction industry. Rural…
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Npower business customers offered source and time data on their renewable energy supplies
by New Power •
Npower Business Solutions has partnered with software provider Granular Energy, to provide its business customers with renewable energy matching. The new service is designed to provide businesses with detailed information on the source and time of their renewable energy generation,…
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Uniper seeks local comment on ‘low carbon’ plant for Connah’s Quay
by New Power •
Uniper is seeking input from local residents, councils and other organisations around Deeside on a new power plant at its Connah’s Quay site. The new plant would include carbon capture technology, and the captured carbon dioxide would connect into nearby…
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RenewableUK Cymru warns slow permitting puts wind projects at a disadvantage
by New Power •
RenewableUK Cymru is calling on the Welsh Government to take urgent action to expedite decision-making, following news that three onshore wind farms with a combined capacity of over 200MW have been further delayed. The group said one project, EDF Renewables…
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Llanwern solar farm to supply Anglian Water Services
by New Power •
The UK’s largest operating solar farm will provide power for Anglian Water under a new power purchase agreement (PPA). The so-called ‘sleeved PPA’ for the 75MW Llanwern Solar Farm was announced by NextEnergy Capital. The a 20-year inflation-linked contracted revenue…
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Fidra Energy launched to develop GW-scale batteries
by New Power •
Institutional investor EIG has announced the launch of Fidra Energy, headquartered in Edinburgh, which aims to establish a 10GW platform of batteries across the UK and other European markets by 2030. The company is developing three of the largest battery…
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Interview: chief executive Peter Stanley on Elexon’s new role
by New Power •
Elexon chief executive Peter Stanley admits that his company was far from being the favourite when Ofgem invited bids to take on a new role, that of local electricity market facilitator. I meet him to ask about that new role…
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Canadian pension fund takes stake in UK pumped storage
by New Power •
Canadian pension fund CDPQ has announced it will acquire Brookfield Asset Management’s 25% stake in pumped storage plant operator First Hydro Company for a reported £500 million. Engie is the majority shareholder who owns the remaining 75% of the company.…
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ScottishPower Renewables expands footprint in Lowestoft
by New Power •
ScottishPower Renewables has acquired a new site in Lowestoft’s PowerPark and confirmed it as the long-term home for its UK offshore wind operations. The company is investing around £8 million to acquire and develop the site on Trinity Road –…