Vantage RE has refinanced its share of the Blyth wind farm offshore of Northumberland. The £72 million refinance package sees Mizuho Bank and Natwest Bank become lenders to the company, which is a subsidiary of Tenaga Nasional Berhad (TNB), a…
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UPDATED: System operator adds demand response event to coal startup to cover Monday peak
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System operator NGESO has called a ‘live’ demand response event that should see energy users dial down demand in the 5-6pm period to reduce strains on electricity supplies. NGESO said: “Our forecasts show electricity supply margins are expected to be…
€10 million project will deploy larger blades on tidal turbine to boost power
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A project aiming to maximise tidal energy generation has been launched at the University of Edinburgh’s FastBlade facility. The €10 million new MAXBlade project – funded by the European Union and UK Research and Innovation – aims to improve the…
Ubitricity to install 300 EV charge points in Liverpool city lamp posts
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Liverpool City Council has appointed Ubitricity, a wholly owned Shell subsidiary, to install a 300 on-street electric vehicle (EV) charge points in the city. The new 5kW charge points, which are installed directly into existing street lampposts can be installed…
Forward trade for Creyke Beck signals lowered price risk options for batteries
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Statkraft has claimed an ‘industry first’ in agreeing a battery forward trade on behalf of battery owner Statera Energy. Statkraft is a renewable power generator and provider of market access and optimisation services. It says the financial return secured for…
BEIS select committee asks for evidence in new inquiry on EV battery manufacturing
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Following the collapse into administration of the BritishVolt battery factory, the BEIS Select Committee has opened an inquiry into batteries for electric vehicle manufacturing. It is accepting written evidence until 14 February on the following questions: • Is there enough…
ACT NOW: Register by Friday to work with NGET on new network delivery model
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National Grid Electricity Transmission is carrying out pre-procurement market engagement on the delivery model for the New Infrastructure Delivery Onshore Programme (NIODP) and says that parties who do not register to respond by Friday 20 January may not receive notice…
Alpha Real Capital acquires three wind assets
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Asset investor Alpha Real Capital has acquired three UK wind assets together valued at £90 million. The acquisitions – expected to generate 88GWh per year – were completed in December by funds managed by Alpha Real Capital and comprise: •…
Gridserve opens EV charger hub near Stonehenge
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Gridserve has opened an Electric Super Hub at Solstice Park, Wiltshire, on the A303 near Stonehenge. Eight High Power chargers have been installed at the site that accept contactless payment, have CCS and CHAdeMO connectors, and a larger bay to…
Bar owner to close some venues on Mondays and Tuesdays to cut energy bills
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The owner of the Revolution, Revolucion de Cuba and Peach Pub bars has said it will close some of its 90 venues on Mondays and Tuesdays in the next few weeks to reduce energy use. The company said train strikes…