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…
Author Archive for New Power
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…
New real-time inertia measurement will cut the cost of managing the grid
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National Grid and Reactive Technologies have claimed a first in continuously measuring and monitoring grid stability – or system inertia – across the energy network. Previously, inertia has always been estimated. The ability to measure accurately is expected to have…
Nissan and Ovo combine to offer storage and vehicle-to-grid options
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Carmaker Nissan and energy company OVO have announced plans to offer a vehicle-to-grid deal to customers buying a Nissan LEAF from January 2018. The two are also combining to launch OVO SolarStore (beta), which will allow OVO customers with solar PV households…
Universities leading battery ‘challenge’ announced
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Business Secretary Greg Clark has announced the consortium of seven UK universities that will form the Faraday Battery Institute, a new £65 million research institute responsible for building the UK’s status as a global leader in battery research and technology.…
ITM Power announces funding round
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ITM Power, which produces hydrogen for use in vehicles, has announced a plans to raise £25 million in a new share offering to existing shareholders and a further £4.4 million through an open offer. The placing is being conducted by…
Energy Systems Catapult calls for network-test partners – register your interest
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Companies have been asked to register interest now if they want to take part in preliminary network testing for the future energy network. The call has come from the Energy Systems Catapult and the Power Networks Demonstration Centre (PNDC) in Strathclyde. The…
Blockchain platform developer aims to offer direct energy trading
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The government’s Energy Entrepreneurs Fund has awarded funding to energy tech company Electron to show that blockchain can transform the market for balancing the electricity grid. The grant will enable the company to scale and integrate a blockchain trading platform…