The Beatrice windfarm has won the European Investment Bank’s (EIB’s) single largest investment in an offshore wind project. The EIB is providing £525 million for construction of the project to be built 14km off the Caithness coast. The 19-year long-term…
Author Archive for New Power
Eurelectric: The EU needs a strong carbon price signal to drive low-carbon investment
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Hans Ten Berg, Eurelectric secretary general, says electrification remains crucial to reducing carbon emissions and the EU ETS must be able to provide the right investment signals The Paris Agreement is a major landmark in addressing the global climate change…
Eurotunnel takes sole ownership of ElecLink
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Eurotunnel will take on sole ownership of the planned ElecLink interconnector. It has signed a conditional agreement with Star Capital under which Groupe Eurotunnel will acquire Star Capital’s 51% share of the project. ElecLink is developing a 1000MW high voltage…
Dong Energy signs three to flexible balancing tariff
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Dong Energy has so far signed up three large users to its Renewable Balancing Reserve product, which invites customers to provide demand response, and New Power understands others are in the pipeline. The offering was launched in February and it…
SSE plans broadband and boiler-service offerings to halt customer slide
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SSE has announced plans to sell up to a third of its 50% stake in gas distribution network business SGN. The company said it was likely to return the cash to shareholders. In results for FY2015/16 SSE said customer energy…
NEA: Energy efficiency should be a national infrastructure priority
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Peter Smith, head of policy research at National Energy Action, says we have the biggest policy gap on energy for more than three decades and that action is needed On 14 April, the National Audit Office (NAO) reported that since…
From the archive: RSPB challenge adds to uncertainty for offshore wind farms seeking a CfD
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Neart na Gaoithe has initiated a CFD dispute, according to the Low Carbon Contracts Company, which terminated the wind farm’s Contract for Difference on 29 March From the February 2015 issue of New Power: New uncertainty has been created around the…
Nissan and Enel join forces to start electric vehicle to grid trial in the UK
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Carmaker Nissan and power company Enel have announced plans for the first electric vehicle-to-grid (V2G) trial in the UK. One hundred V2G units will be installed at locations agreed by private and fleet owners of the Nissan Leaf car and e-NV200…
National Grid’s Gone Green scenario ‘too cautious’, new Energy Systems Catapult hears
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The ‘Gone Green’ scenario among four options set out by National Grid in its Future Energy Scenarios is ‘middle of the road’, and the next five years could see a dramatic change in the energy system if consumers act. That…
Revised P2 standard could create a patchwork of electricity service levels
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P2 revision: will it mean cheaper connections, or a slow and uncertain process?