Zenobe Energy has partnered with EDF to trade and optimise 59MW of its grid-scale battery portfolio, as part of which EDF will provide Zenobe with a floor price. The partnership covers Zenobe’s operational batteries in Claredown, Aylesford and Kings Barn…
Author Archive for New Power
Social Market Foundation: UK needs its own investment bank
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Government should act now to reform public investment in infrastructure and make it easier for pension funds to invest, says the Social Market Foundation. The SMF says to offer short-term economic stimulus, investment should focus on projects that can be…
Viking Link funded by ‘green loan’
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The Viking Link interconnector between Denmark and GB has won the first ‘green loan’ arising from multiple export credit agency (ECAs), National Grid has announced. At 472 miles, from the Lincolnshire coast to Western Denmark, the 1.4GW HVDC link being…
Britishvolt names Welsh site for ‘gigafactory’ battery fabrication plant
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Britishvolt has named Bro Tathan in South Wales as the lead site for its planned battery ‘Gigafactory’. The company said Bro Tathan was the leader of two shortlisted sites for the factory, which aims to produce batteries storing 30GWh annually. It…
Eurelectric: green transition can aid post-Covid industrial recovery
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Eurelectric has added its voice to organisations calling for a green industrial revival to aid the recovery from Coronavirus. In a set of policy recommendations the European lobby group called for measures to accelerate the transition, including: Stimulate capital-intensive investments…
Net Zero planning challenge reveals Energy White Paper delayed ‘up to a year’
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The Energy White Paper may not be published until late 2021, it has emerged, as campaigners have issued a High Court challenge to the government over its failure to consider reviewing planning policy statements in the light of new legislation on…
Scottish Government pledges £62 million to help Aberdeen take the hydrogen route to Net Zero
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The Scottish Government has announced a £62 million fund to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash. The fund, to be spent over the next five years, will help…
Thurrock seeks consent for 600MW of gas engines and 150MW battery
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Thurrock Power has been granted an electricity generation licence by Ofgem and submitted an application for development consent to National Infrastructure Planning. The company, a subsidiary of Statera Energy, aims to build up to 600MW of gas reciprocating engines on a…
Scotland opens leasing round for offshore wind development sites
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Crown Estate Scotland has invited developers to bid for leases to build offshore wind in Scottish waters that could result in wind capacity that would generate more green electricity than is used across Scottish households. Investors and developers will be…
European Scrutiny Committee: government failure to explain future links with EU’s Horizon and power connections initiatives is ‘deeply worrying’
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The chair of the European Scrutiny Committee has described as “deeply worrying” a lack of information from the government on how it will take forward co-operation with the EU on key research programmes and various other programmes including the ‘Connecting…