Janet Wood talked to Origami Energy chief executive Peter Bance about providing the ‘picks and shovels’ for the new energy industry and about how the industry’s barriers might be removed or bypassed to make it more innovative Origami Energy will…
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Vertical farms aim to co-locate with ‘pumped storage’ in Scotland to use excess wind power
by New Power •
Energy storage company RheEnergise, which received start-up funding from the government for its ‘High Density Hydro’ long duration storage, could see its technology installed in Scotland to allow so-called ‘vertical farms’ to use cheap renewable electricity. Vertical farms claim to…
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Gas networks start early study on London hydrogen options while Teesside tests network procedures
by New Power •
Gas network companies Cadent, SGN and National Grid Gas Transmission have joined in a feasibility study to identify how much hydrogen may be needed by London over the next 30 years, where it can be produced and stored, and how…
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Pension funds and other investors ‘seeking more renewables opportunities’
by New Power •
UK investors are ready to increase their investment in renewable energy, according to results of a survey by Downing. In February Downing commissioned PureProfile to interview 100 professional investors (UK pension funds, institutional investors and wealth managers) who collectively manage…
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Councils in Thames Valley use smart grid connectivity
by New Power •
Four sites belonging to West Berkshire Council have been connected to a ‘smart energy’ pilot project in Thames Valley. Smarter Grid Solutions (SGS) is working with councils at West Berkshire and Reading as part of a £22.9 million SMART Places…
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Two Gresham House batteries tweaked to supply new NGESO markets
by New Power •
Gresham House Energy Storage Fund plc has joined forces with Origami, an independent energy technology platform for green energy assets and battery optimiser Habitat Energy Ltd to prepare two battery assets totalling 50MW to participate in the dynamic containment (DC)…
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ACT NOW: 10 May deadline to access funding to change on-site power set-points. Non-compliant sites face de-energisation
by New Power •
Businesses and individuals that own or operate electricity generation like solar, wind, gas and combined heat and power (CHP) should apply now for funding to help them update their generation equipment. The deadline for applications is 10 May. New Distribution…
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Gore Street raises £150M and targets 900MW of new GB storage
by New Power •
Energy storage specialist Gore Street has raised £150 million in a new share issue. The company claimed that institutional and retail investor demand was “substantially more” than the initial issue and as a result it increased the target size from…
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Neuconnect plans to start work this year on GB-Germany direct electricity link
by New Power •
NeuConnect says it is aiming to reach financial close on its interconnector between GB and Germany “in te hnext few weeks”, allowing work to start before the end of the year. It made the comment as it announced contracts totalling…