MHI Vestas Offshore Wind will repurpose a decommissioned, oil-fired power plant into a turbine painting and logistics facility. The new facility is the latest in a series of manufacturing investments made by MHI Vestas in the UK and will compliment the…

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A call for evidence on reducing the cost of energy has been launched by the government today, following the independent review by Dieter Helm. On 25 October, Professor Helm concluded his independent review which outlines recommendations on how to reduce…

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Open Energi has launched a new software platform, which will allow businesses aggregate assets with flexible demand in order to maximise energy savings. The Dynamic Demand 2.0 platform will connect, aggregate and optimise distributed energy assets, including industrial equipment, battery…

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Octopus Investments has expanded the £484m solar portfolio refinancing it closed earlier this year, further expanding the biggest deal of its kind in the European solar sector. An additional 100MW of solar assets have been brought into the portfolio with…

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Vattenfall has launched an independent distributions business for GB. Vattenfall Networks was granted a licence on 1 November and is expected to begin operations in 2018. It will be headed by Stewart Dawson. The new unit Vattenfall IDNO, an Independent Distribution Network Operator,…

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Balancing and settlement company Elexon wants to set up a market ‘sandbox’ to allow companies to test  innovative products or ideas for the electricity market. The idea follows Ofgem’s similar approach, which allows for a temporary derogation from existing rules,…

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Scotrenewables Tidal Power is seeking new funding to take forward its tidal technology towards commercialisation. It has appointed financial advisors Simmons & Company International, the energy specialists of US Investment Bank Piper Jaffray, to lead the investment process out of…

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A new hydroelectric power plant will be officially opened today (Friday)  by Geoffrey Boycott, the ex-Yorkshire and England cricketer. The 500kW Knottingley scheme,  half a mile down the Aiire river from the  Ferrybridge coal-fired power station  has been developed by…

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National Grid has announced it will stop tendering four frequency response and two short term operating reserve (STOR) products, aiming to reduce complexity and help new providers enter the market. The System Operator will bring Enhanced Frequency Response, Rapid Frequency…

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Ørsted, formerly known as Dong Energy, has signed an agreement to sell 50% of the 659MW Walney Extension offshore wind farm project. The buyers will be a consortium consisting of two Danish pension funds. Each investor will obtain a 25%…

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