Sizewell C has reached financial close. The company said that following the successful conclusion of the equity raise and a Final Investment Decision in July 2025, it has confirmed £5 billion of debt raised through the BpifranceAE export credit facility,…
News
Ørsted to sell a half-share of Hornsea 3
by New Power • • 0 Comments
Ørsted has agreed to sell a half-share of its 2.9 GW Hornsea 3 offshore wind farm to Apollo-managed funds. Hornsea 3 is located 160 km off the Yorkshire coast. When the wind farm comes online, Ørsted’s Hornsea zone – comprising Hornsea…
EV charger becomes flex asset number 200,000 on NG platform
by New Power • • 0 Comments
An electric vehicle charger in Bridgend, South Wales, has become the 200,000th asset registered on Market Gateway, National Grid’s distribution network flexibility market platform. Launched in February 2023, Market Gateway allows entry into NG’s procurement to deliver local grid flexibility…
NESO calls on industrial and commercial sector to sell flexibility services
by New Power • • 0 Comments
The National Energy System Operator (NESO) has called on large industrial and commercial companies to get involved in electricity Demand Side Flexibility services. Demand Side Flexibility means energy users can get extra income from increasing, decreasing and storing energy, in…
Carbon Budget and Growth Delivery Plan: the industry responds
by New Power • • 0 Comments
Toby Perkins MP, Chair, Environmental Audit Committee,: “I welcome the publication of this updated plan that spells out more around how the government intend to deliver on the UK’s legally binding emissions targets. This is a critical step in reassuring…
Drax adds battery projects to FlexGen portfolio
by New Power • • 0 Comments
Drax has agreed to acquire three battery projects from Apatura Limited totalling 260MW. The two of the ‘ready-to-build’ sites are in Scotland and one is in Northern England. Construction on all three sites is expected to commence in 2026. One…
NESO issues ‘open call’ for innovators who will change the energy status quo
by New Power • • 0 Comments
The National Energy System Operator (NESO) has published an ‘open call’ for innovators to submit ‘big ideas’ for the future energy system. The open call lasts until 24 December. It set out some challenges, which include: • Increasing the visibility…
NHS Trust awards contract for EV chargers at 10 sites
by New Power • • 0 Comments
Herefordshire and Worcestershire Health and Care NHS Trust has awarded a £333,000 contract to install electric vehicle (EV) chargers to eEnergy. The project will see 48 EV chargers installed across 10 Trust sites including Tenbury, Malvern, Kidderminster, and Bromsgrove. The…
Great British Energy funding for NHS now agreed for 34 trusts
by New Power • • 0 Comments
The number of NHS trusts across England due to receive funding to install solar panels has reached 34 NHS, according to Great British Energy. The expansion follows government confirmation tha total funding for the scheme had increased to up to…
Select Committee seeks views from energy companies on how to fund energy network costs
by New Power • • 0 Comments
The chair of the Commons Energy Security and Net Zero Committee has written to six energy suppliers – OVO, Octopus, E.On, Centrica, EDF UK and Scottish Power – to ask their views on the build-out and funding of new electricity…