Author Archive for New Power

Energy storage: legal and regulatory barriers to overcome

Storage is increasingly seen as the answer to making the energy system more efficient and cost-effective. But legal and regulatory barriers are making it hard to make use of developing storage technologies at least cost. Louise Dalton, senior associate in the energy team at international law firm CMS, details the hurdles that have to be overcome before storage can step up

Teesside biomass plant reaches financial close

Macquarie Capital and Macquarie Commodities and Financial Markets have reached financial close on £900 million of funding for a 299MW biomass-fuelled combined heat and power plant on Teesside. Developed by MGT Power, Tees REP is claimed to be the world’s…