Gore Street Energy Storage Fund’s new 10MW battery has gone into operation using Origami’s smart grid technology. The battery is in Brentwood, Essex. SSE Business Energy is the licensed supplier and power offtaker for the battery, which uses batteries supplied by Japanese…
Author Archive for New Power
E.On issues €750M green bond
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E.On has successfully issued a €750 million green bond with a tenor of 5.5 years. The comopany said that despite the significant market disruptions caused by Covid 19, it secured favourable interest terms: the bonds have a coupon of 1%. “The…
Ammonia under test as alternative fuel for gas engines
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Wärtsilä has begun combustion trials using ammonia fuel. The aim is to explore the potential to use ammonia instead. In the test, ammonia was first injected into a combustion research unit to investigate its properties. The tests will be continued…
Covid-19 delays SSE report, may hit dividend payments
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SSE has signalled a potential rescheduling or reduction in dividend payments during the coming year to manage the effects of Coronavirus. The company said in an update on 27 March that it still planned to recommend dividends of 80p per…
Barclays announces ‘ambition’ to reach net zero by 2050
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Barclays has announced plans to “become a net zero bank by 2050”. It said, “We’ve made a firm commitment to align our entire financing portfolio to the goals of the Paris Agreement. That means our own operations, and the financing…
UPDATED: Renewable energy projects fear impact of Covid-19 disruption as they struggle to meet 31 March FIT deadline
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Energy minister Kwasi Kwarteng MP has signed into law an order that will extend the registration deadline for up to 250 small-scale renewable energy installations – many being developed by community groups from 31 March to 30 September. The projects…
OPINION: Can Scotland deliver on its green budget?
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In an opinion piece published in before Covid-19, Nick Shenken, Clean Energy Partner at TLT, looked at the Scottish Government’s ‘green’ budget There is no doubt that from a climate change perspective, the headlines contained in the Scottish budget make encouraging reading.…
Who’s not on gas? CSE updates data
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Bristol’s Centre for Sustainable Energy (CSE) has updated its database of postcodes that are not connected to the gas network with data from 2017 (the most recent available). The data, which includes the census area and the co-ordinates of the centre of each…
Harmony to add 49.5MW to battery fleet
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Harmony Energy has won planning permission for a 49.5MW battery in Salisbury, Wiltshire. Grid, land rights and planning permission are now all secured, and Harmony said it can move forward with the lithium-ion scheme on land adjacent to Salisbury substation.…
Offshore wind website ‘repurposed’ to help industry navigate Covid-19
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TMS Media and Widesight have ‘repurposed’ their Offshore Wind Communicator website to help mitigate the impact of COVID-19 on the offshore wind supply chain. The website was set up as a communcations platform for companies involved in the offshore wind supply chain, government…