Uniper and GE have begun a ‘hydrogen readiness assessment’ at Uniper’s Grain power station in Kent. GE’s assessment aims to find out how the 1,365MW CCGT could incorporate blends of hydrogen up to 40% by volume in its gas feedstock.…
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Limejump adds new batteries to dynamic containment offering
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Shell’s Limejump tech platform has entered a commercial partnership with SSDC Opium Power to optimise and manage 90MW of battery storage across two sites – at Fareham in Hampshire and Fideoak Mill, near Taunton in Somerset. Fareham is the UK’s…
REPORT: Wild fire caused European ‘grid split’ event in July; small plant trips made it worse
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An estimated 3.8GW of medium and small scale generation automatically disconnected from the grid in Spain and Portugal during an incident on 24 July last year when parts of the synchronised European grid split briefly, according to a new report…
Clean Growth Fund reaches £100M target commitments
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The Clean Growth Fund says it has closed its first fund with £101 million in capital commitments. The latest commitments, totalling £31 million, are from the Merseyside and South Yorkshire local authority pension funds, Queens’ College Cambridge and Aviva Investors,…
EU takes dispute over UK’s CfD supply chain plans to WTO
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The EU has triggered dispute procedures under World Trade Association (WTO) rules with the UK, saying that the ‘supply chain plans’ required by the UK from companies who bid for Contracts for Difference (CfDs) breach WTO rules. The EU has…
Ørsted sells £3B stake in Hornsea 2
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Ørsted is to sell 50% of the 1.3GW Hornsea 2 offshore wind farm to Crédit Agricole Assurances and clients of AXA IM Alts. The transaction, which is expected to close subject to regulatory approvals in the second half of 2022,…
National Grid sells majority stake in gas transmission and metering business, with option to sell remainder
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National Grid has agreed to sell a 60% equity interest in its UK gas transmission and metering business to a consortium of Macquarie Asset Management and British Columbia Investment Management Corporation. The plan to divest was first announced in March…
Bulb Energy bailout will cost £2.2B over two years, says OBR
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The government’s bailout of Bulb Energy is set to cost £2.2 billion, this year and next and the risk is ‘potentially unlimited’, according to the Office for Budget Responsibility (OBR). In its Economic and Fiscal Outlook, published this week, the…
Spring statement: responses
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Jess Ralston, analyst, Energy and Climate Intelligence Unit (ECIU): “Removing VAT on energy efficiency products such as insulation is an immediate boost for families facing soaring gas bills. But there are lots more tools within the Chancellor’s grasp for getting…
Scottish Power to exit industrial and commercial market
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Scottish Power plans to exit the business supply market, Bloomberg reports. It said the exit would be gradual, but uncertainty in the industry was growing with the potential failure of a large Russia-backed supplier. Other reports say the future Gazprom…