Ofgem has proposed to grant three interconnectors access to its ‘cap and floor’ financial regime. Seven interconnector projects applied to join the regime in a recent application ‘window’. They were: • Aminth (1.4GW to Denmark) • Aquind (2GW to France)…
Author Archive for New Power
SPEN opens new monthly flexibility tenders
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SP Energy Networks has launched its 2024/25 flexibility prospectus. The company says that following stakeholder feedback, it is now tendering for flexibility every month, allowing Flexibility Service Providers more opportunities to participate and providing greater certainty on dispatch expectations. It…
Elexon has seven independent aggregators lining up to provide businesses with access to the wholesale market
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Elexon is in discussions with seven companies that are interested in becoming independent aggregators of electricity flexibility that will allow smaller parties to participate in the wholesale electricity market. The announcement came as the opportunity opened for independent aggregators, also…
Lakeside’s 100MW battery connected to the grid
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A 100MW battery energised and connected recently by TagEnergy is currently the country’s largest. The Lakeside Energy Park battery was connected via the 132kV Drax substation in North Yorkshire, which was upgraded by National Grid and its contractor Omexom. Works…
South Westminster heat network to encompass 1000 buildings as ‘next big utility’ plans move forward
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A planned heat network in Westminster could see landmark buildings heated using waste heat sources such as the River Thames, London Underground and sewer networks. The South Westminster Area Network (SWAN) was developed by DESNZ and AECOM and could supply…
25MW wind farm gets go-ahead in Blaenau Gwent and Caerphilly
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Natural Power has secured consent from the Welsh Government for a wind farm in Manmoel Common, in Blaenau Gwent and Caerphilly. The proposal for Manmoel, which comprises five 5MW wind turbines 180m high with an on-site substation, underground cables and…
Ofgem to penalise Farringdon Energy, further investigation ongoing
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Ofgem has proposed to impose a £223,676 financial penalty on Farringdon Energy Limited, because of failings in its ability to serve customers and comply with regulatory obligations. The regulator said the business supplier had taken, and was continuing to take,…
Statera Energy secures debt finance for gas-fired station at Thurrock
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Statera Energy says it has brought debt financing for its Thurrock project, which comprises a 300MW/600MWh battery and a 450MW gas-fired power station (Thurrock Power) to £395 million. Statera secured £144 million of debt financing in November 2023, which has…
London Underground to explore solar sites to power its operations
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Transport for London (TfL) has launched a Solar Private Wire project, to directly receive zero-carbon electricity from decentralised sources for use in its operations. The project, on behalf of London Underground Limited (LUL), is primarily focused on private wire connections…
Wirral Council seeks heat network provider for Birkenhead regeneration area
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Wirral Council has announced plans to secure a private sector partner to develop a heat network in Birkenhead. The project comprises development of a new heat network serving a mix of buildings including new build residential, existing residential, new build…