Northern retailer Booths has announced plans to install 42 new electric car chargers at its sites across the North West. Booths is working with InstaVolt to install the chargers. The first four have gone live at Kirkby Lonsdale and a further 38 are due…
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Offshore wind farm submitted to NIP
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Vattenfall has submitted an application to National Infratsructure Planning for its 1.8GW Norfolk Boreas offshore wind farm. The project will be sited around 94km offshore of Great Yarmouth. The application includes associated infrastructure required to export the electricity to the National…
Vattenfall issues green bond
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Vattenfall has issued a €500 million green bond with a tenor of seven years. The bond is the first international issuance under an Euro Medium Term Note programme listed on Nasdaq Stockholm. The proceeds from the bond issue are earmarked for…
T-1 auction clears at £0.77/kW
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The T-1 Capacity Market auction, securing 3626.196MW of ‘top up’ supply for the coming winter, cleared at a price of 77p per kW per year. Market participants are still waiting to hear whether the CM will be back in operation for…
ACT NOW: Nemo Link consults on no-deal Brexit trading rules
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A consultation on trading arrangements on the new Nemo interconnector with Belgium closes on Friday 14 June. The rules governing trade on Nemo Link in the event of a hard Brexit were approved by the regulators in February. However, the company said, those…
Net zero: the industry responds
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Nick Molho, executive director, Aldersgate Group: “This is a crucial step forward and a landmark achievement for the Prime Minister and all the ministers and MPs who have supported an increase in the UK’s climate ambition. The message from business is clear: the…
Battery projects win £23 million of funding
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Business secretary Greg Clark has announced £23 million of funding in battery technologies, part of the total £274 million that will be awarded to consortia across the UK through the Faraday Battery Challenge, within the government’s Industrial Strategy Challenge Fund (ISCF) Winners include: Mining…
Greens future? Octopus launches farm tariff
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Green energy tech supplier Octopus Energy for Business has launched two dedicated tariffs for ’vertical farmers’. Vertical farming takes place in indoor facilities where crops are grown on a series of levels in a precisely-controlled environment. Sounds niche? Octopus’s new tariff comes as…
Whitelee battery ‘first of many’ on renewables sites, says Scottish Power
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The Scottish Government has approved plans to install a 50MW battery at ScottishPower’s Whitelee wind farm. The lithium ion battery will be the size of half a football pitch. Scottish Power claimed it would be the largest windfarm battery in the…
Bill or regulation? Rachel Reeves MP pursues two options to get net-zero 2050 target
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Tomorrow (11 June) Rachel Reeves MP will present a Bill to Parliament which would commit the government to reducing UK carbon emissions to net zero by 2050. Reeves, who is chair of the Business, Energy and Industrial Strategy (BEIS) Select Committee,…