Renewable infrastructure fund Greencoat UK Wind has announced gross issue proceeds of £147m after an oversubscribed capital raise. The firm, which invests in operating UK wind farms announced the second issue of its share issuance programme on 25 October. Today,…

Read more →

Ofgem has agreed that three projects submitted in its interconnector ‘application window’, which closed on 31 October, are eligible for the ‘cap and floor’ regime. The regime provides a guaranteed return for the project from electricity consumers’ bills, but caps…

Read more →

Three major changes are expected to drive small plant – especially new ‘car park’ diesel fleets – out of the upcoming Capacity Market auction and benefit new large gas turbines. The first, aimed directly at small diesel farms, will place…

Read more →

A new E3G report based on analysis from Imperial College London lays to rest the argument of a preventative ‘hidden’ cost of renewable power, as investment in grid flexibility lowers the final costs for the grid and for bill payers. Imperial College has…

Read more →

Atlantis Tidal’s MeyGen project site in the Pentland Firth, Scotland, successfully produced power for the first time this week. When fully completed, the project is set to be the world’s largest free stream tidal power project. The turbine, supplied by Andritz Hydro…

Read more →

E.On is celebrating after completing installation on schedule for the 116 turbine foundations at the Rampion Offshore Wind Farm. Work to install the first foundations began in early February and was put on hold during the Black Bream spawning season between mid-April and…

Read more →

More than three-quarters (78%) of the over-65s have switched energy supplier at some point, making them some of the most active consumers in the energy market according to new research by the Energy Ombudsman. Customers who switched found the process straightforward,…

Read more →

By 2020 every domestic energy customer “will have had the offer of a smart meter”, secretary of state Greg Clark told EnergyUK’s annual meeting this week. That promise appears to water down a requirement for the smart meter rollout to…

Read more →

“We have to make sure the rules of the energy system don’t get in the way of innovation,” secretary of state Greg Clark told EnergyUK’s annual meeting as he announced publication of a call for evidence on ‘A smart, flexible…

Read more →

Tesla has announced it will begin charging Tesla owners who charge their vehicles using its ‘Supercharger Network’. Tesla owners will still get 400kWh free supercharging credits (roughly 1,000 miles) each year. Once that amount has been used, drivers will pay “a…

Read more →