EP UK Investments has completed the acquisition of 80% of the shares of Tynagh Energy, an independent power producer in the Republic of Ireland that owns a 400MW CCGT in east County Galway. The sellers were EFS Tynagh Holding Company…
News
Lidl and Podpoint to roll out rapid EV chargers across up to 300 stores over three years
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Lidl, which has plans to open 50 new stores in GB in 2019, has announced plans to install rapid electric vehicle chargers at all of them. It will also install charging points at existing stores. That should mean rapid chargers…
CMA opens investigation into SSE/Ovo merger
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The Competition and Markets Authority (CMA) has opened a statutory merger investigation into Ovo’s pland to acquire the supply business of SSE. The merger would make it the UK’s second largest energy supplier and CMA is required to consider whether…
Capacity Market reinstated: the industry responds
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Caroline Bragg, head of policy, Association for Decentralised Energy: “The ADE welcomes the European Commission’s decision to re-instate the Capacity Market’s State Aid. “Whilst undoubtedly not perfect, the Capacity Market has been an important revenue stream for decentralised energy and its…
Capacity Market gets new go-ahead from European Commission
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The European Commission has cleared the GB Capacity Market, in suspension since last year, saying it passes State Aid tests. The Commission had been required to re-examine whether the CM complied with State Aid rules after a Tempus Energy challenge…
Citizens Advice calls for action on microbusinesses, saying they are at higher risk of rip-offs and cut-offs than domestic customers
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Micro businesses are at greater risk of having their energy supply disconnected than the average household, and of exploitation by unscrupulous energy brokers, due to a lack of protections in the microbusiness market, according to a new report from Citizens…
Ofgem says it expects ’1-4′ suppliers a year to fail as it sets out tighter oversight regime
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Ofgem expects “between one and four” energy suppliers to fail per year in future, despite its stricter entry rules, it emerged, as the regulator set out plans to tighten oversight of existing companies and reduce the costs shared by the…
Planned 50MW liquid air storage plant aims to be the first of a series
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Highview Power has announced plans to construct a commercial cryogenic (liquid air) energy storage plant at a decommissioned thermal power station in North of England. The 50MW/250MWh project is said to be the first of a portfolio of projects in the UK and is…
Moixa and Energia partner to offer battery/PV/EV combination
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Moixa, which manufactures smart solar batteries and GridShare software, has partnered with Irish energy supplier Energia to demonstrate how smart home batteries, rooftop solar and electric vehicles can deliver valuable flexibility to the grid. The partnership will create a 120kWh virtual power plant…
Origami takes on battery management
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A 9MW battery at the Port of Tilbury project will be managed using the Origami platform to generate value from Triad revenues, a fast frequency response (FFR) contract and a capacity market contract. The project, using NEC batteries, is 100%…