Storage-only fund Gore Street Capital has announced plans for an initial public offering, hoping to raise £100 million to invest in storage projects. It plans to use storage assets to ‘stack’ a number of different income streams with different counterparties,…

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Skills policies across the UK are fracturing, and “now pull in opposite directions across the four nations” according to a new report from Energy and Utility Skills. The group wants to convene a ‘Four Nations Advisory Group’ to develop equivalence, comparability and…

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E.On in Germany has reached an agreement in principle to acquire RWE’s 76.8% stake in  Innogy. In return, RWE will gain a 16.67% share in E.On. The complex deal, in which E.On will offer €36.76 per share plus dividends of €3.24…

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Ofgem has “learned some valuable lessons”  in the first RIIO-determined price control periods, it has admitted, as it opened a consultation on toughening up the regime for its next application from 2021. The RIIO methodology for setting prices was intended…

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UPDATE: On 8 March Entso-e reported that the deviations had ceased, but added: “This is a first step in the resolution of the issue. The second step is now to develop a plan for returning the missing energy to the…

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A small but growing number of smart meter installs are being done to replace recently-installed smart meters, rather than substituting for dumb ‘legacy’ meters, it has emerged. The issue is so-called ‘Smets 1′ meters, which cannot always continue to operate…

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3i Infrastructure has announced plans to invest an additional £125 million in Infinis so it can acquire Alkane Energy. Infinis is the largest generator of electricity from landfill gas in the UK, in which 3i Infrastructure invested in December 2016.…

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Construction has begun on the Achlachan wind farm, one of 15 onshore wind projects to secure a Contract of Difference in 2015. The 10MW, five turbine project is scheduled to be commissioned in early January 2019. Developer Whirlwind Renewables signed a 15-year power purchase…

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The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…

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Some 70% of UK households would be better off if energy policy costs were removed from gas and electricity bills and applied according to household income, according to research published today by the UK Energy Research Centre. In ‘Funding a Low…

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