Ørsted and ATP, who are planning to build a ‘North Sea Energy Island’ that will be a major hub for connections between offshore wind and the onshore grid, have announced an agreement with GlobalConnect to make it a ‘cross-border digital…
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Class action seeks compensation for GB customers following cable cartel decision
by New Power •
GB customers could benefit from compensation from cable manufacturers who operated a cartel for ten years, if an application lodged at the Competition Appeals Tribunal (CAT) is successful. The class action, against Nexans, NKT and Prysmian, is being led by…
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Cumbria seeks comment on new Clean Energy Strategy
by New Power •
The Cumbria Local Enterprise Partnership (LEP) has launched a consultation on its Clean Energy Strategy and it wants responses from Cumbrian residents, community groups and businesses. The blueprint says the region has the potential to deliver up to 9GW of…
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Engie and Google pilot AI approach to maximising wind value
by New Power •
Engie has partnered with Google Cloud to use artificial intelligence to optimise sales from Engie’s wind portfolio on short term power markets. In a pilot project the two companies are aiming to ease transactions for wind asset developers and benefit…
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M&S solar array attracts new investor
by New Power •
Investment company Atrato Onsite Energy plc has taken a £6.6 million stake in a 6MW rooftop solar system. The rooftop array is at a Marks & Spencer warehouse in Leicestershire that was the biggest rooftop solar system in the UK…
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Ireland takes a step back to direct connection with EU market as Celtic Interconnector wins approval
by New Power •
Ireland’s EirGrid has welcomed a decision by the Irish planning authority, An Bord Pleanála, to grant approval for the Celtic Interconnector, the first direct interconnector between = Ireland and France. The project, jointly developed by French network operator Réseau de…
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Water utility UU sees power costs jump despite extensive hedging
by New Power •
Northwest water utility United Utilities saw its power costs rise nearly 20% to £99.6 million in the year to end March 2022, despite a hedging strategy that saw it fix prices well below market rates for the year. Where UU…
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SSE benefits from networks businesses, Balancing Market, to see profits rise
by New Power •
SSE has begun the sales process for a 25% stake in its transmission business and it expects to make a decision on the timing of the sale of a similar stake in its distribution business this financial year, after the…
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Uskmouth battery planned for operation in 2024
by New Power •
Plans have been finalised for a 230MW/460MWh battery at Uskmouth, according to SIMEC Atlantis Energy (SAE), which had to abandon plans to develop an energy from waste plant at the ex-coal site. The battery requires a planning application, to be…