The Department for Business, Energy and Industrial Strategy (BEIS) has launched the fifth round of its Energy Entrepreneurs Fund, which will offer £9m in capitals grants to to support the development of innovative technologies in the areas of energy efficiency, power generation,…
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Re-examine grid and trading rules to save £5 billion a year on system operation costs, says Policy Exchange
by New Power • • Comments Off
Maximising flexibility could reduce the cost of managing a decarbonised electricity system by £5 billion per year, Policy Exchange says in a new report, Power 2.0. That figure has been estimated by Imperial College researchers, it says, but but under…
NIC wants views on national infrastructure needs up to 2050
by Annabel Andrews • • Comments Off
The National Infrastructure Commission is seeking views to help shape the country’s first ever National Infrastructure Assessment. As well as questions on issues that cut across all types of infrastructure, such as resilience, the commission wants views on the following…
JDR to produce 242km of cables for Hornsea offshore wind farm
by Annabel Andrews • • Comments Off
JDR Cables in Hartlepool will design and manufacture nearly 250 kilometres of subsea power cables for Hornsea Project One, 120 km off the Yorkshire coast. The contract – which is the largest array cable award in JDR’s history – will see the company design and manufacture 242km…
European utilities ‘ready to slash prices to get thermal and upstream assets off the books’
by New Power • • Comments Off
European utilities want to sell assets and the price they are prepared to sell for has fallen, according to a new report from EY. EY’s annual benchmarking report on European utilities’ asset impairments said, “power and utilities companies will ……
Long term decisions needed on new and existing networks, says ETI
by Annabel Andrews • • Comments Off
The UK will need to upgrade the current networks infrastructure if it is to create a low carbon energy system, according to a new report from the Energy Technologies Institute (ETI). Current governance and regulatory frameworks are not designed to…
Wylfa expects design approval in December 2017 after regulator clears ‘serious regulatory issue’
by New Power • • Comments Off
Generic Design Approval (GDA) for the nuclear reactor to be constructed at Wylfa is on track for December 2017, according to the Office for Nuclear Regulation (ONR), after developer Hitachi-GE provided answers to a ‘serious regulatory shortfall’. Of major concern…
3i Infrastructure to acquire landfill gas company Infinis
by Annabel Andrews • • Comments Off
3i Infrastructure plc (“3i Infrastructure”) has signed an agreement to invest approximately £185m to acquire 100% of Infinis plc and its subsidiaries, which together own the landfill gas (LFG) interests of the Infinis Group. Infinis is the leading generator of…
Co-Operative Energy returns £1.8 million to poorly-served customers
by New Power • • Comments Off
Co-operative Energy has agreed to pay back £1.8 million to energy consumers, because it let customers down in its complaints resolution, call handling and billing processes, Ofgem says. Most of the money – £1.6 million – has already been paid…
Solar heat industry “will atrophy without support from Renewable Heat Incentive”
by Annabel Andrews • • Comments Off
The Solar Trade Association (STA) has written to energy minister Baroness Neville-Rolfe, urging her to retain solar thermal within the Renewable Heat Incentive (RHI). The letter was co-signed by 21 organisations, representing the solar industry, local government, manufacturers, housing providers,…