The electricity system operator NGESO has set out the capabilities it needs to operate the electricity system through its rapid change to a renewables-based system, in its annual Operability Strategy Report. It summarises progress and upcoming issues in five aspects…
News
Aquind’s 2GW interconnector with France denied development consent
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The secretary of state has refused development consent for a 2GW interconnector between Great Britain and France applied for by Aquind. The bi-directional interconnector was planned to make landfall at Eastney on Portsea Island, Portsmouth, and would connect to Normandy…
Seagreen OFTO tender round open for pre qualification
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Ofgem has opened prequalification for groups who want to enter a tender to own and operate the connection to the Seagreen offshore wind farm. Prequalification is open until 31 March and Ofgem is hoping that it will result in up…
Bluefield Solar acquires Good Energy solar and wind farms
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Good Energy has sold its operational solar and wind portfolio to UK income fund Bluefield Solar. Bluefield previously acquired the Good Energy developed West Raynham solar farm in 2015 and the acquisition brings Bluefield’s portfolio to 673MWp. Bluefield acquired the…
UK ETS Authority will not release extra emissions allowances to contain costs, says prices ‘responding to market drivers’
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For the second time, the UK’s Emissions Trading Scheme (ETS) Authority has decided not to provide extra supply to the scheme although a ‘cost containment mechanism’ was triggered (CCM) at the start of January. The CCM enables the UK ETS…
ACT NOW: Innovate UK offers £5 million in grants to small businesses with innovations to bring climate risk into financial services
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Innovate UK has £5 million in funding available and is inviting small businesses to compete for funding to help them demonstrate and deploy innovative solutions that integrate climate and environmental factors into financial services. Investors need to be aware of…
ScotWind lease round brings forward 25GW of offshore wind with the majority using floating turbines
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Nearly 15GW of floating wind farms could be installed off the coast of Scotland, along with nearly 10GW of fixed turbines, if projects bid into the ScotWind leasing round all delivered. Crown Estate Scotland announced that 17 projects have been…
Two contracts signed for Equinor and SSE Thermal’s planned hydrogen store at Aldbrough
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Equinor and SSE Thermal have awarded two contracts for work on a proposed hydrogen storage facility at Aldbrough. Engineering company Atkins and sustainability consultancy Environmental Resources Management (ERM) have been awarded major contracts, representing an important milestone and progress in…
Low carbon generators set to pay £39M to suppliers as high wholesale prices prompt CfD reverse
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This quarter the Contracts for Difference (CfD) mechanism that smooths and supports income for renewable energy generation will return money to electricity suppliers for the first time. It will return over £39 million for the last quarter of 2021 and…
Ecotricity set to disrupt Good Energy sale of renewables assets
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Ecotricity has tried to stop Good Energy, in which it is a large shareholder, from disposing of its renewable generation portfolio without its approval. In November Good Energy put its 47.5MW power generation portfolio up for sale to fund a…