Biogen has acquired Tamar Energy, one of the largest anaerobic digestion (AD) owners and operators in the UK, for an undisclosed sum. A number of Tamar Energy’s existing shareholders have rolled-over their investment into the combined group. The combined group…
Author Archive for New Power
Octopus Energy wins Electron’s energy industry blockchain ‘kWhackathon’
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An energy industry blockchain ‘hackathon’, hosted by technology company Electron, was won by Octopus Energy. Their concept used the blockchain asset register and smart contracts to tackle some of the issues faced by customers with pre-payment meters. The one-day event on 6…
GE and Arenko combine for grid-scale batteries
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GE and Arenko Group have announced a strategic alliance to build grid scale energy storage systems in the UK. Arenko has invested in a 41MW battery supplied by GE, sited in the Midlands, which will commence operations in 2018. Mirko…
T-1 Capacity Market auction clears at £6
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The first T-1 Capacity Market auction, for delivery next winter, cleared in the 14th round of bidding at £6/kW per year. Some 10663.717MW of de-rated capacity joined the auction at its start and the aggregate capacity that won agreements was 5,782.892MW.…
Environmental Audit Committee opens inquiry into 25-year Environment Plan
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The Environmental Audit Committee has begun an inquiry into the government’s 25-year Environment Plan, published in January. Among the plan’s proposals are a new statutory body to “champion and uphold environmental standards as we leave the European Union”. The EAC asked…
NI Water solar farm in operation in March
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Work is due for completion in March on NI Water a solar farm that will supply electricity to the Dunore water treatment works in South Antrim. The £7million, 4.99MW project covers a 33 acre site on the eastern shore of…
Solarplicity plans future as vertically integrated energy group
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Solarplicity, one of the UK’s leading renewable energy providers, has disposed of a UK-wide portfolio of 133MW of solar assets, in a move described by chief executive David Elbourne as “a major step in the evolution of Solarplicity as we develop…
Green Star Energy wins Future Energy customers
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Ofgem has appointed Green Star Energy to supply the customers of Future Energy, which went out of business last week. Customers of Future Energy will be contacted by Green Star Energy by 6 February with more information about their tariff and…
‘Vehicle to grid’ trial aims for 1000 installations
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Up to 1000 ‘vehicle to grid’ (V2G) installations will be used to demonstrate how fleet operators can interact with the electricity grid, with £9.8 million in funding from the Department for Business, Energy and Industrial Strategy. Private owners and businesses…
Brexit ‘raises fears over future energy supply and price’ says Lords committee
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Leaving the pan-European Internal Energy Market (IEM) could raise energy bills and risk supply shortages, a House of Lords committee has warned. What is more, losing access to the specialist workers could put energy construction projects in doubt, and failing…