SmartestEnergy has chosen Origami Energy’s technology platform to manage its customers’ distributed energy assets and consumption. Smartest said the collaboration will allow it to offer real-time, flexible energy management services to help its customers unlock the rapidly increasing value of…
Author Archive for New Power
Financial close for Spalding Energy Expansion
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Intergen has announced financial close and funding for Spalding Energy Expansion, a 300MW gas-fired plant in Spalding, Lincolnshire, which was awarded a 15-year capacity agreement in the December 2016 Capacity Market auction. The project has signed a contract with Siemens for an…
CMA rejects generators’ appeal over transmission charges
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The Competition and Markets Authority (CMA) has rejected an appeal from generators after Ofgem decided not to allow the generators to recover an extra £120 million in transmission charges from customers. The generators had claimed that their network charges in…
Catapult calls on offshore wind specialists to tap into emerging technologies innovation fund
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The Offshore Renewable Energy (ORE) Catapult is calling for novel technologies that can service the offshore renewables’ industry. It wants new autonomous subsea and subsurface inspection techniques and improved condition monitoring systems for offshore wind farms. Successful respondents could benefit from a £19…
Greencoat acquires 24 solar farms
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Canadian Solar has completed the sale of 24 operational solar power plants across England, Wales and Scotland, totalling 142MWp, to Greencoat Solar II, managed by Greencoat Capital. The portfolio is expected to provide inflation-linked solar power generation revenues for a period of 20 years under the Renewables…
ONR begins procurement to replace Euratom nuclear safeguards system
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The Office for Nuclear Regulation (ONR) has begun procuring a system to track nuclear materials in the UK and ensure they are not diverted from civilian uses, which will be required if, as planned, the UK exits the Euratom treaty…
4MW battery goes into operation in Bridgend
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Kiwi Power has begun operation of a smart battery system ‘behind the meter’ at Parc Stormy, the Cenin Renewables site near Bridgend, Wales. The 4MW battery will provide frequency support services to National Grid. Cenin’s 20-acre site includes a low carbon cement production facility, a…
Citizens Advice adds to call for more oversight of new energy suppliers
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Citizens Advice has called for new entrants to the energy market to face greater scrutiny. The call comes as Ofgem announced that it has opened an investigation into small supplier Iresa. It is considering whether the company has broken rules…
Uniper acquisition leads to ratings downgrade for Fortum
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Ratings agency Moody’s Investors Service has downgraded Finland’s Fortum, following its €3.8 billion acquisition of a 47.12% stake in E.On spinoff Uniper. The agency said the deal would increase Fortum’s financial leverage, and although Fortum would be Uniper’s largest shareholder, it would not be…
Whole systems networking projects win funding
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The UK Energy Research Centre (UKERC) has announced funding for five projects under its Whole Systems Networking Fund. Funded by EPSRC, this scheme aims to improve the diversity, communications and collaboration between people working on whole energy systems and those…