Ofgem is consulting on whether to make the provision of new network services, required to operate a clean power system, a licensable activity, which would give the regulator more visibility of the growing sector and more power over it. At…
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Octopus Energy boosts offshore wind ownership
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Octopus Energy’s generation arm has taken a 10% stake in the East Anglia One wind farm. The 714MW wind farm, 43 kilometres off the coast of Suffolk, has been I operation since 2021. With 102 turbines, it is among the…
Government to allocate £20M to nuclear fusion fund in bid to attract private investors
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The government has announced it will invest £20 million to kickstart ‘Starmaker One’, a British private fusion investment fund aimed at helping start-ups in the sector commercialise. The government is a cornerstone investor in this limited partnership, which DESNZ says…
Southampton heat network looks to geothermal
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Star Energy has signed a Memorandum of Understanding with UK heat network operator Bring Energy to explore the further integration of geothermal energy into Southampton’s city-centre heat network. The Southampton Geothermal Heating Company, operated by Bring Energy, delivers heat, chilled…
NESO receives terms of reference for report on substation fire that saw Heathrow close
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The Department for Energy Security and Net Zero (DESNZ) and Ofgem have asked the National Energy System Operator to produce an initial assessment within six weeks and a full report by the end of June on a substation fire at…
Transmission operators’ group sets out eclipse planning
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European transmission network operators have, through their association Entso-e, provided information on how they planned co-ordinated action to manage power supply and demand during a partial solar eclipse that crossed Europe (and the UK) on Saturday 29 March. A partial…
Spring statement: the industry responds
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Caroline Bragg, Chief Executive Officer, ADE: “Today’s Spring Budget only confirms what the whole of industry know: jobs, infrastructure and energy security must be at the forefront of decision-making. “Securing growth in these areas will be vastly dependent on important…
West London datacentre plan prompts transmission upgrade
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Real estate investment trust SEGRO has formed joint venture with Pure Data Centres Group, owned by Oaktree, to develop a 56MW data centre in Park Royal, London. The companies will invest £1 billion in the project on a 10-acre industrial…
Root-Power receives planning permission for Rochdale battery
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Root-Power has received planning permission for a new 30MW/60MWh battery in Rochdale, Greater Manchester. The company said the site was initially identified because of its limited potential for agricultural use, with the land currently used for advertising boards. The development…
Drax beats Foresight bid for Harmony’s battery portfolio
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A subsidiary of Drax (Drax Bidco) has beat a recent bid by Foresight Group to acquire battery operator Harmony Energy Income Trust (HEIT). Drax Bidco has offered 88p per share, valuing the company at £199.9 million. Last week Foresight announced…