Energy sector investment adviser Brendan Bilton argues that a support network – and money – will help developers cross the ‘valley of death’ The UK is failing new technology developers that have passed the “proof of concept” phase and are ready to…
Author Archive for New Power
Offshore wind supply chain review aims to win global business
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The UK Offshore Wind Industry Council (OWIC) has launched a review of the UK supply chain. The outcome, expected in Q3 this year, will be a supply chain development plan for the industry, with deliverable opportunities and suggestions on how the…
Eelpower to invest £20 million in new storage projects
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UK battery storage developer Eelpower has secured new financing of £20 million to develop storage sites. The company said it had sites already permitted and would add others to the pipeline. The debt funding comes from the GCP Asset Backed…
BEIS seeks delivery partner for £350 million heat network support scheme
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The Department for Business, Energy and Industrial Strategy (BEIS) will open a tender next week for a ‘delivery partner’ to manage a new heat networks support scheme opening in the autumn and leverage third party funding into projects. The invitation…
Network management system overcomes grid constraint for new hydropower
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A private active network management (ANM) project has made it possible to connect a 350kW hydropower scheme to the local network in Argyll & Bute, Scotland, although there are severe restrictions on export to the network. Connection of generators to…
New development projects aim to clear the way to floating wind turbines
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The Carbon Trust-led Floating Wind Joint Industry Partnership has begun two new studies to investigate critical issues for large scale floating wind farms. Commissioned by the Scottish Government and twelve industry partners – EnBW, ENGIE, Eolfi, E.ON, Iberdrola, innogy, Kyuden…
Guide aims to bring energy network innovations to communities
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Local electricity network operators have released a guide to help communities to get involved with innovation projects to support a smarter, cleaner energy system. The guide is being published by Energy Networks Association and community energy expert Regen. The ‘Electricity…
Northumbrian Water signs green power deal with Ørsted
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Northumbrian water is sourcing all its power from Ørsted in a new green electricity deal that started on 1 April. It is one of the biggest contracts the water company has ever awarded. Ørsted supplies renewable electricity from nine offshore wind farms…
CBI: maintaining UK access to EU’s energy market benefits all sectors
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Changes to rules in the energy sector could have ramifications across the UK economy, according to business lobby group the CBI, so it is extremely important that it remains as close as possible to the EU. That contrasts with specific…
Co-Operative Energy to acquire Flow Energy
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Flowgroup is to sell energy supply business Flow Energy to Co-Operative Energy for £9.25 million, saying planned price caps would make it less likely customers would switch supplier. In November the company decided to maintain customer levels below 250,000 so…