The European Court has annulled a 2014 European Commission decision that the UK’s Capacity Market passes State Aid tests. See story here. The industry responds: Erik Nygard, chief executive & co-founder, Limejump: “In these circumstances, the abruptness of such a decision…
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Grab some easy wins on heat
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A huge amount of heat is wasted in the UK and it’s great to see that BEIS has made £18 million in grants available to reduce waste from at least one source – industrial waste heat. BEIS has offered to…
European court annuls State Aid clearance for GB Capacity Market
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The European Court has annulled a 2014 European Commission decision that the UK’s Capacity Market passes State Aid tests. The ruling follows a legal challenge submitted by demand response specialists Tempus Energy, which claimed the Capacity Market allows fossil fuels to…
Spark Energy in merger talks after missing £14.4M RO payment
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Energy supplier Spark Energy is in talks over a merger after it missed a Renewables Obligation payment of £14.4 million, due by 31 October. Chief executive Chris Gauld, who led a management buyout of the company in 2016, told the…
Lords seek reassurance from minister over post-Brexit energy and carbon prices
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Members of an influential parliamentary committee have raised fears over government’s planning for the energy industry after Brexit, raising fears that it could raise prices, damage carbon markets and damage the Single Electricity Market between Northern Ireland and the Republic…
New AD plant for Iona Capital
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Iona Capital has financed the construction and operations of a new 8.8MWt anaerobic digestion plant in Dumfries and Galloway, Scotland. The plant has pre-qualified under the Non-Domestic Renewable Heat Incentive (RHI). The principal feedstock will be waste slurries generated from local…
Storage fundraising below target
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Gresham House has raised £100 million to drive its energy storage fund onto the London Stock Exchange, reports Solar Power Portal - half its £200 million target. Gore Street Capital raising £30.6 million in May against its target of £100 million. The…
Solar-powered surveillance company completes successful crowdfunding
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UK technology company Sunstone, has raised £592,000 from over 450 investors via crowdfunding platform, Crowdcube. Its target was £500,000. Sunstone has developed solar powered products that provide surveillance, wireless networks and satellite communications to sites around the world. Paul Schelhaas, co-founder and…
Planning inspectorate examining bigger transmission line for new nuclear plant at Wylfa
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Plans for a new nuclear power plant at Wylfa in Anglesey, Wales, have taken a step forward as the new transmission line for the project has been accepted for examination by National Infrastructure Planning. The planning body has begun registering ‘interested…
Client Earth to challenge Drax Repower project
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Client Earth has challenged Drax’s plans to convert two coal-fired power stations to gas and install battery storage at the site, the Guardian reports. Drax argues that building new gas-fired plants will mean it can shut down its two remaining…