Arup has been commissioned by Wave Energy Scotland to explore the opportunities for very large-scale – bigger than 10MW – wave energy generation. The study will see Arup undertake analysis to seek out the opportunities for large scale devices, as…
Author Archive for New Power
Report finds ‘energy entrepreneurs’ meeting over 9% of UK needs – but growth is slowing
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There were 400 new energy projects commissioned outside the traditional energy sector last year, but the pace of growth is slowing in the face of changes to financial support schemes, according to Smartest Energy’s annual Energy Entrepreneurs report. The total…
National Grid agrees sale of its share in Cadent gas network
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National Grid has announced plans to sell its remaining stake in Cadent Gas, the company that acquired and runs its gas distribution networks. The network company retained 25% of Cadent when the remainder was sold to the Quadgas Group at…
Burbo extension connection transferred to OFTO for £193 million
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Ørsted has signed an agreement for the sale of transmission assets connecting the Burbo Extension offshore wind farm to the GB network to Diamond Transmission Partners Burbo Bank Extension Limited. The transmission assets include the onshore substation, export cables and the offshore substation. Offshore…
Centrica to test blockchain peer-to-peer energy trading in Cornwall local market
by New Power • • 1 Comment
Centrica and LO3 Energy have announced a new trial of blockchain technology as part of a local energy market in Cornwall. Blockchain can provide a secure platform for consumers to buy and sell power. The project will see the technology used in…
WPD agrees cut in funding after slowdown in rail electrification
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WPD has agreed to reduce the funds it collects from customers by £77 million, because of delays to rail electrification in its region. The electricity distribution network operator (DNO) was to use funding of £96 million to divert power lines…
Reopening electricity networks price control could cost more than it saves, says Ofgem
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Ofgem has decided not to carry out a mid period review (MPR) of electricity network companies’ price controls. The decision means that local networks will continue under the current settlement, which governs the revenue they can collect from consumers and…
Public Accounts Committee raises ‘grave concerns’ over BEIS preparation for Brexit
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The Public Accounts Committee has said it is ‘alarmed’ over the Department for Business, Energy and Industrial Strategy’s planning for Brexit. The PAC said that although BEIS’s work streams were among the most affected of any department, it has made little…
Blyth to host five-year test programme for GE’s 12MW wind turbine
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GE Renewable Energy and the Offshore Renewable Energy (ORE) Catapult have signed a five-year research and development agreement to test and develop next-generation offshore wind technologies. GE’s Haliade-X 12MW offshore wind turbine and existing Haliade 150-6MW will undergo testing at…
Elexon offers online ‘dashboard’ to help prepare for cashout changes next winter
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Ban Mac, market analyst at Elexon, invites readers to make use of the settlements company’s new ‘dashboard’ to prepare for next winter’s system cash-out price changes The way in which Elexon’s system price (cash-out price) is calculated is changing. Expect…