How can unsubsidised renewables and hybrid projects be included in the Capacity Market (CM)? A new consultation from BEIS seeks ways to achieve that aim in time to include them in the CM auction at the end of 2019. The change…
News
Thrive signs supply deal with neighbour Bristol Energy
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Thrive Energy is to provide 0.8MW of renewable wind power to Bristol Energy, the two Bristol-based companies have announced today. The deal follows a similar agreement for hydropower in winter 2017. Bristol Energy has purchased the renewable electricity produced by Thrive’s Clayfords single-turbine wind site near Strichen…
Price cap revision allows suppliers to raise prices by £47
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Ofgem has raised the price cap by £47/year for dual fuel customers, saying that wholesale gas and electricity costs have risen since the level was last updated in February. “This is mostly due to the global rise in oil prices feeding…
Solar investment fund raises portfolio to 691MW
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Next Energy Solar Fund has acquired two portfolios of operating rooftop solar consisting of 282 assets, an overall installed capacity of 1.15MW. The first portfolio consists of 63 rooftop solar assets, seven of which are commercial and the remaining residential.…
Centrica picks up stake in EV fleet management platform
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Centrica Innovations has announced a major investment in Driivz, an Israeli company offering end-to-end software solutions for electric vehicle (EV) charging. Centrica Innovations is integrating the Driivz platform into a new intelligent EV charging service offer for businesses from Centrica Electric…
Equitix takes on more renewables assets
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UK infrastructure investor Equitix is to acquire a portfolio of social infrastructure and renewable assets from NIBC Infrastructure Partners. The portfolio includes 13 assets in the UK and Europe and, subject to closing conditions, will be acquired in a single transaction.…
Prysmian’s Wrexham factory to manufacture Hornsea Project Two cables
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Prysmian has been awarded a multi-million pound contract to supply cables for Ørsted’s Hornsea Project Two offshore wind farm – set to become the world’s biggest. Over 300km of inter-array cables will be supplied by Prysmian Group, with 900km of cable cores…
West Sussex aims to expand clean energy interests
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West Sussex County Council has awarded Anesco an operations and maintenance contract for solar farms and solar panels installed on domestic properties and commercial buildings across the region. The council is broadening its energy activities and has launched a not-for-profit domestic energy supplier,…
Npower fined £2.4 million for failing to give business customers advanced meters
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Npower will pay a fine of £2.4 million after it failed to install advanced meters for electricity business customers. Suppliers had to install advanced meters at all their large business customers after 2009 and complete the rollout by April 2014.…
What’s your view? Consultation opens on architecture enabling local electricity markets
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A revolution is happening in local electricity networks, as more local and domestic generation is connected, users start to generate and trade their own power, and new technologies such as electric vehicles and batteries are connected and used. Now the…