Battery developer Aceleron has won £2 million of equity investment, with £1.45 million from BGF and the remainder from existing investor Mercia Asset Management. The investment will enable Aceleron to scale the production of its ‘circular economy’ battery technology, doubling…
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SPEN takes a real-time look at network loading with new software
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SP Energy Networks has joined forces with Sia Partners to use new forecasting software to more closely manage the network and make better use of locally-generated power. The new approach combines historical network data, detailed weather data and artificial intelligence…
National Grid Net Zero scenarios raise the question: gas or no gas?
by New Power • • 1 Comment
Gas would virtually disappear from the UK’s energy mix in two scenarios to meet legally-binding commitments to reach Net Zero carbon emissions by 2050. In the two scenarios (Consumer Transformation, and Leading the Way) put forward by National Grid Electricity System…
Treasury committee asks for evidence on how to make a ‘Net Zero recovery’ from CV-19
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The Treasury Committee is relaunching an inquiry into the decarbonisation of the UK economy and green finance, launched by the previous Treasury Committee on 5 June 2019, and it wants written evidence on how and whether the UK’s response to coronavirus should take the Government’s…
‘Resilience as a service’ could replace diesel backup with local energy generators and batteries in rural areas
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Scottish and Southern Electricity Networks (SSEN), Costain and E.ON have begun work on new solutions using local energy resources and battery storage to provide low carbon, cost effective network resilience in response to faults. The £9.5m project aims to provide…
Moixa attracts more funding as it prepares to launch European EV smart charging
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Moixa has secured £4.6 million of new investment, from existing investors led by Japanese Fortune 500 company Itochu Corporation The smart battery and EV charging software company said it now manages the world’s largest residential fleet of batteries in Japan,…
GE and Uniper join forces to assess gas to hydrogen conversion for power plant fleet
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Uniper and General Electric have signed an agreement aimed at decarbonising Uniper’s gas-fired power plants and natural gas storage facilities. GE’s Gas Power business and Uniper will explore, assess, and develop technology options across the company’s fleet. A GE/Uniper joint…
Ofgem launches revised Sandbox, saying to innovators ‘talk to us any time’
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Ofgem has opened a new revised Sandbox service that will allow innovators with new energy supply proposals to contact the regulator. It has abandoned the application windows used in the previous Sandbox and instead said innovators can discuss proposals at any…
Octopus Renewables adds 9.1MW to rooftop solar portfolio
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Investor Octopus Renewables has acquired a 9.1MW portfolio of operational residential UK rooftop solar assets. The deal will complement its existing rooftop solar portfolios in the UK and France. The newly acquired solar assets cover more than 2,700 rooftops across…
ACT NOW: Transport for London to procure 1.6TWh of green power direct – respond to market testing
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Transport for London (TfL) has begun market testing with the aim of procuring renewables to cover 10% of its 1.6TWh electricity demand by 2022 and 100% by 2030. TfL power contracts are currently manged by the Crown Commercial Service, but the London mayor’s…