Innogy has acquired Statkraft’s 50% stake in the 860MW Triton Knoll offshore wind farm, making it the project’s sole owner. But Innogy chief operating officer Hans Bünting said it may not stay that way, commenting, “With full control over Triton Knoll, we…
Author Archive for New Power
KiWi Power financing behind-the-meter storage, seeks more sites
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Demand side response aggregator KiWi Power is rolling out behind-the-meter battery storage on commercial and industrial sites. It has developed and financed a 4MW lithium-ion battery to be located at Cenin Renewables, Parc Stormy in Bridgend, South Wales. The battery will…
National Grid Gas wants innovation ideas for gas network: £20M funding up for grabs
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National Grid Gas Transmission (NGGT) has launched a call for ideas for innovation in the gas network, for the 2018 Network Innovation Competition (NIC). NGGT will review proposals to decide which to submit for the NIC competition. The proposals will be…
ACER calls on TSOs to look beyond national interests to get more from interconnectors
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The European electricity market is not fully using its interconnector capacity, so prices are higher in some regions than they need to be, the Agency for the Co-ordination of Energy Regulators (ACER) has concluded. In its annual ‘market monitoring’ report…
Triodos loans release funding for new solar PV
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Triodos Bank has provided £17.9 million of loans to two UK solar projects for Spanish developer Gamma Solutions. The funding comprises £15.1 million of project finance loans from Triodos Bank and £2.8 million of mezzanine loans from the Triodos Renewable Europe…
E.On launches ‘Economy 7′ tariff for electric vehicle owners
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E.On has launched a new tariff for electric and hybrid vehicle owners, using energy purchased from 100% renewable electricity and green gas. The tariff acts like an Economy 7 deal: the night rate – when many electric and hybrid car owners will choose…
New hydropower scheme commissioned in Scotland
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Infrastructure investment manager Ancala has completed a new hydropower scheme at Loch Eilde Mor in Kinlochleven, Scotland, bringing to 11, and to 16MW, the number of projects commissioned or acquired through its portfolio company Green Highland Renewables. The 2MW, £13.6 million scheme is…
Ofgem reopens ‘regulatory sandbox’ for applications
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Ofgem opened a new window for applications to its ‘regulatory sandbox’. It wants to have expressions of interest by 27 October. All innovators who submitted an expression of interest must have had an initial meeting with a member of the…
Price cap: industry responds, switching companies sound warnings
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In her speech to the Conservative party Conference this week prime minister Theresa May announced that she would introduce a new energy bill that would cap prices for customers. The industry responds: Richard Neudegg, Head of Regulation, uSwitch.com: “We have warned repeatedly…
Frequency reserve services offer data centres ‘free money’, says Eaton
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Power management company Eaton is building an energy service for data centres that will enable organisations to participate in grid level frequency regulation by using UPS back-up power. The service is aimed at large data centre operators and will launch across…