Greencoat Renewables has acquired Lisdowney, a 9.2MW wind farm situated in County Kilkenny, for €22.5 million. Lisdowney wind farm consists of four Enercon E82 turbines. The wind farm was commissioned in November 2016 and its revenues are contracted under the…
Author Archive for New Power
Ofgem tells CMA: peg district heating bills to natural gas equivalent
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Heat network customers should have their bills capped to ensure they are charged no more than customers using natural gas, energy regulator Ofgem told the Competition and Markets Authority, which is conducting a market study into district heat networks. In…
BEIS awards CCS grant
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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…
SSEN consults on staged connection process for developers stuck in Orkney’s ‘catch 22′
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Orkney renewable energy developers stuck in a ‘catch 22′ because of delays in upgrading the network have a month to let Scottish and Southern Energy Networks (SSEN) know whether a proposed ‘alternative approach’ to upgrades will work. SSEN said Orkney…
BEIS committee: no appeals, no wailing – pass price cap bill by the summer, to benefit 12 million customers
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“Millions of customers are ripped off for staying loyal to their energy provider. An energy price cap is now necessary and the government must act urgently to ensure it is in place to protect customers next winter,” said Rachel Reeves…
Vehicle-to-grid projects share £30 million funding
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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
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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
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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…
System Operator wants academic and industrial partners for innovation projects with up to £1 million in funding
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National Grid has invited industry and academia to develop projects that address its innovation priorities across the GB gas and electricity systems and promised funding of up to £1 million for the most important projects. An application window is open between…
OPINION: There is more to do to secure a sustainable energy future
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Barbara Vest, director of generation at EnergyUK, says the government should make a start with energy efficiency As the dust settles on the prime minister’s launch of the 25 Year Environmental Plan, it is abundantly clear that the government is…