Author Archive for New Power

BEIS awards CCS grant

A consortium led by Carbon Clean Solutions (CCSL) has been awarded £900,000 grant  by the UK Department for Business, Energy & Industrial Strategy (BEIS) for development of carbon capture and storage (CCS) technology. The grant will enable CCSL to build a…

Vehicle-to-grid projects share £30 million funding

The government has announced funding of £30 million to be shared by 21 projects investigating ‘vehicle to grid’ applications for electricity storage. The Department for Transport said the schemes will demonstrate how energy stored in electric vehicle batteries could be borrowed…

OPINION: Companies must stay alert on cybersecurity

This year the World Economic Forum’s annual Global Risks Report named cybersecurity as the biggest single risk. New Power asked the European Network for Cyber Security’s Michael John how energy companies are responding   How do you see cybersecurity threats evolving?…

T-4 Capacity Market auction clears at £8.40

The T-4 Capacity Market auction for 2021/22 has cleared at £8.40, the lowest figure yet. Some 74GW entered the bidding to provide 50.5GW in the delivery year. In total 439 capacity market units will be awarded Capacity Agreements, from 129 companies. The auction…

AD consolidation as Biogen acquires Tamar Energy

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…