Electric vehicles will have a major impact upon real estate and sites that cannot accommodate the needs of EV users at sufficient scale will be less attractive to occupiers. That was the conclusion of a report on e-mobility from property company…
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EDF moving out of gas, out of coal … and may be out of Dungeness this year
by New Power • • 0 Comments
EDF Energy has announced it will sell its only gas-fired power station, the 1332MW CCGT at West Burton B, and a 49MW battery on teh same Nottinghamshire site, to institutional investor EIG. Headquartered in the USA, EIG specialises in private investments in…
Summer outlook: demand recovers but gas-fired generation set to continue decline, as NGESO plans London reactive power tender
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Gas used for power generation in GB is expected to fall by over 10% this summer, down from 97.3TWh last year to 82.7TWh, according to National Grid Gas’s annual Summer Outlook. The change continues a downward trend that has seen gas…
Cruachan upgrade cuts greenhouse gas leak risk
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Siemens and Drax Group have upgraded 30-year old switchgear at the Cruachan pumped storage plant, including the UK’s first installation of circuit breakers that do not depend on sulphur hexafluoride (SF6) gas. SF6 gas has been used in circuit breakers due to…
iGas joins with Engie to revive flagship Stoke-on Trent geothermal project
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iGas is looking at a number of strategic geothermal development locations including Newcastle, Crewe, and Southampton and is working at converting these into a development pipeline of projects, it has reported. The company completed acquisition of geothermal developer, GTE during 2020,…
Good Energy signals digital direction as MoneySupermarket CCO Nigel Pocklington takes over
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Juliet Davenport will be succeeded as chief executive of Good Energy Group by Nigel Pocklington, who has been chief commercial officer of Moneysupermarket.com since April 2019. Good Energy said he had, “Strong, relevant, and current commercial experience at a senior…
Over £1 million in UKRI funding awarded to nine energy data innovation projects
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UKRI has announced over £1 million of new funding across nine new digital energy data projects. The funding is being awarded through UKRI’s ‘Modernising Energy Data Applications (MEDA) phase 1’ competition. Urbantide leads a project on supporting fuel poor households with…
Northern Ireland system operator needs reform, says regulator: close tie to owner Eirgrid leaves customers out of pocket
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A poor governance structure at Northern Ireland’s electricity system operator (SONI) that leaves it closely managed by owner Eirgrid is potentially detrimental to consumers, with the potential for higher prices, favouring shareholders over consumers and blocking competition. Those fears were…
Gore Street storage fund raising cash to speed up acquisitions
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Gore Street Energy Storage Fund is set to acquire an 80MW energy storage project “ in the coming weeks” the company said, as it opened a new share issuing. The battery storage company said it had a development pipeline of 1.3GW of…
Power Responsive Report: Stacking revenues from Balancing and Frequency Markets will be “game changing” for batteries, says NGESO
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NGESO wants to nearly triple procurement of frequency response in its new Dynamic Containment product, up to 1400 MW in 2021, but so far providers have fallen short of meeting the system operator’s current 500MW target. In its annual ‘Power…