Ofgem has granted a claim for compensation for cable failure in the subsea connection to the Walney 2 offshore wind farm. The regulator decided that the failure at Walney 2 from 14 December 2015  to 19 March 2016 was an ‘exceptional event’…

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Power exchange Nord Pool has joined with Norwegian energy company Agder Energi to jointly develop a new marketplace capable of exploiting decentralised flexibility. Now Nord Pool says it has “ambitions to have a pilot in the GB as soon as…

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Greencoat Renewables has agreed to acquire the 36MW Dromadda More wind farm in County Kerry from Impax.  The 11-turbine wind farm is currently being energised and is expected to be commissioned in March 2018, at which point the acquisition will…

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New EY research finds that 2016 saw a significant fall in asset impairments reported by European utilities. But according to the report, at €23b it was larger than might have been anticipated given a recovery in energy commodity prices, and…

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Next Energy Solar Fund has acquired two operating solar plants with a total installed capacity of 8.6MWp.  They are Gilley’s Dam (5.0MWp, Cornwall) and Pickhill Bridge (3.6MWp, Wrexham). Gilley’s Dam was connected to the grid during March 2016 and receives…

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BP is to invest £200 million in solar developer Lightsource over there years. It will acquire 43% of the company over that time, the company will be renamed Lightsource BP and BP will have two seats on the board of…

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The UK Advanced Boiling Water Reactor (UK ABWR), designed by Hitachi-GE, is suitable for construction in the UK, the Office for Nuclear Regulation has concluded. Horizon is planning to build and operate two of the ABWRs, which will together provide…

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Simec Energy is to sell its Uskmouth power plant in Newport, South Wales, to Atlantis Resources. Completion is expected in Q1 2018. Atlantis wants to “build a diversified renewable energy company of scale”. It plans to convert the 220MW Uskmouth plant to…

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Leaving the EU’s nuclear safeguards agreement Euratom “comes at a cost of millions, with very real doubts that it will actually be ready in time” the Select Committee on Business, Energy and Industrial Strategy (BEIS) has warned in a new…

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Good Energy, the 100% renewable electricity and green gas provider, has signed a pilot agreement with Europe’s largest smart charging solutions provider for electric vehicles, NewMotion. The pilot agreement will see NewMotion install smart electric vehicle charging points at Good…

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