News

RWE Generation acquires King’s Lynn CCGT

RWE Generation has acquired the  King’s Lynn CCGT in Norfolk from Centrica at a price of £105 million. The 382MW plant will receive capacity payments until 2035 on the basis of a 15-year contract starting in October 2020. It was…

Preferred bidder for Beatrice Ofto named

Transmission Capital Partners (a consortium of Transmission Capital Partners Limited Partnership and infrastructure investors International Public Partnerships Limited) has been named preferred bidder to own and operate the connection to the Beatrice offshore wind farm, under an Offshore Transmission Owner…

Longannet site moves on from coal

Plans to regenerate Longannet, site of Scotland’s last coal-fired power station, have been given the go ahead. Fife Council approved proposals for the land put forward by Scottish Enterprise, the national economic development agency. The planning application, for business and industrial…

Breeze Energy ceases trading

Breeze Energy, a gas and electricity supplier with just under 18,000 domestic customers is ceasing to trade. Customers will be transferred under the regulator’s ‘Supplier of last resort’ process to another supplier yet to be appointed.  Philippa Pickford, Ofgem’s director…

VPI/Low Carbon JV sells storage projects

VLC Energy has sold two operational battery storage facilities totalling 50MW to Gresham House Energy Storage Fund for £29.2 million. VLC Energy is a joint venture between Low Carbon and VPI Immingham (a subsidiary of Vitol Group). The facilities comprise a 40MW facility at…