SSE Thermal and Equinor have submitted an application for development consent for Keadby 3, which they say could become the UK’s first power station equipped with carbon capture and storage (CCS) technology. The project would be in operation by the…
Author Archive for New Power
ACT NOW: BEIS opens market engagement on contract to design an alternative energy market
by New Power • • 0 Comments
BEIS has opened early market engagement on its plans to explore new types of energy market. The department is looking at an alternative system of network and policy price signals. It wants to know what the signals might look like,…
Glasgow depot to become charging hub for 300 buses
by New Power • • 0 Comments
Glasgow is to be the site of a charging hub that will eventually accommodate up to 300 buses, First Bus has announced. The company said it will transform its Glasgow Caledonia bus depot into the UK’s largest electric vehicle (EV)…
Texas blackout continues to offer resilience lessons – consider the whole system
by New Power • • 0 Comments
Among the more memorable presentations I have seen over years of energy reporting are those where the ‘whole system’ has come back to bite those who have done resilience planning that has been too tightly focused. A power plant control…
European Court decision that saw Capacity Market suspended for a year over State Aid clearance was wrong, says appeal judge
by New Power • • 0 Comments
The European Court was wrong to uphold a challenge to the UK’s Capacity Market brought by Tempus, according to a new opinion on an appeal brought by the UK and the European Commission (along with Poland). In the original decision,…
Octopus Renewables to acquire Scottish wind farm, considers fundraising for further acquisitions
by New Power • • 0 Comments
Octopus Renewables Infrastructure Trust is to acquire 100% of the rights to construct the Cumberhead Wind Farm, a 50MW onshore wind farm located in South Lanarkshire, Scotland from RDC Partners. The acquisition, for £75 million, is conditional upon achieving ready-to-build…
‘Vehicle to grid’ balancing can save EV drivers money but costs must fall, study finds
by New Power • • 0 Comments
Customers could earn up to £725 per year from exchanging power between their electric vehicle and the electricity grid, a new study has found. But to make the option attractive to customers the cost of hardware has to fall further…
Immingham aims to be the model for a hydrogen-led approach for ports – seeks funding for feasibility studies
by New Power • • 0 Comments
Uniper, Siemens Energy, Toyota Tsusho and Associated British Ports have submitted a joint bid into the Clean Maritime Fund for matched funding for a full feasibility study for a low carbon hydrogen supply to the Port of Immingham. The companies…
Gemserv: How do we get to regulatory change faster?
by New Power • • 4 Comments
If printed out, the ‘handbook’ of regulations for companies in the energy industry would be higher than many of its members, yet even the smallest market participants have to work through it all. Making changes is a long and cumbersome…
Can the Northeast outpace the rest of the UK on ‘Net Zero’? Northern Powergrid floats scenario with 5 million EVs and 4 million heat pumps
by New Power • • 0 Comments
Northern Powergrid is preparing to serve up to 5 million electric vehicles and 4 million hear pumps in its area of North East England, Yorkshire and northern Lincolnshire by 2050, under a future scenario in which the region beats the…