Fund manager Iona Capita has signed up the Wensleydale Creamery (at Hawes, in the Yorkshire Dales) and will use the creamery’s whey by-product as feedstock for Iona’s Leeming biogas plant. The venture will in turn produce 10,000 MWh of thermal power,…
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Booths to install more chargers at its supermarket sites
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Northern retailer Booths has announced plans to install 42 new electric car chargers at its sites across the North West. Booths is working with InstaVolt to install the chargers. The first four have gone live at Kirkby Lonsdale and a further 38 are due…
Five gas-fired plants under examination at NIP
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National Infrastructure Planning currently has five new fossil fuel plants under examination. They are: EDF’s West Burton C plant, rated at 299MW, planned for the West Burton power station site. The application for development consent was submitted on 30 April 2019 and…
Offshore wind farm submitted to NIP
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Vattenfall has submitted an application to National Infratsructure Planning for its 1.8GW Norfolk Boreas offshore wind farm. The project will be sited around 94km offshore of Great Yarmouth. The application includes associated infrastructure required to export the electricity to the National…
Vattenfall issues green bond
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Vattenfall has issued a €500 million green bond with a tenor of seven years. The bond is the first international issuance under an Euro Medium Term Note programme listed on Nasdaq Stockholm. The proceeds from the bond issue are earmarked for…
T-1 auction clears at £0.77/kW
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The T-1 Capacity Market auction, securing 3626.196MW of ‘top up’ supply for the coming winter, cleared at a price of 77p per kW per year. Market participants are still waiting to hear whether the CM will be back in operation for…
ACT NOW: Nemo Link consults on no-deal Brexit trading rules
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A consultation on trading arrangements on the new Nemo interconnector with Belgium closes on Friday 14 June. The rules governing trade on Nemo Link in the event of a hard Brexit were approved by the regulators in February. However, the company said, those…
Net zero: the industry responds
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Nick Molho, executive director, Aldersgate Group: “This is a crucial step forward and a landmark achievement for the Prime Minister and all the ministers and MPs who have supported an increase in the UK’s climate ambition. The message from business is clear: the…
Battery projects win £23 million of funding
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Business secretary Greg Clark has announced £23 million of funding in battery technologies, part of the total £274 million that will be awarded to consortia across the UK through the Faraday Battery Challenge, within the government’s Industrial Strategy Challenge Fund (ISCF) Winners include: Mining…
From the New Power archive: Removing the lithium barrier
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In the April issue of New Power Report we looked at one of the concerns regularly expressed regarding the switch to electricity – and batteries – to fuel cars and large-scale storage: the supply of lithium. Demand is expected to…