An investigation now under way into how costs in the Balancing Market for electricity have been spiking reveals how inflexible fossil fuel plants help to drive up costs. The Balancing Market applies after the gate closes on trades between electricity…
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Ecotricity founder puts company up for sale
by New Power •
Ecotricity founder Dale Vince has decided to sell the company, saying on social media that the aim was to “clear the decks for some new frontiers” including a move into politics. He said on his ‘Carbonista’ podcast that he had…
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Nordic networks ready to support Baltic power supply in the event of Russian disconnection
by New Power •
Nordic transmission networks have made preparations to support the network operators in Latvia, Lithuania and Estonia, which are currently closely linked to Russian grids, in the event of an emergency. Last week chief executives from Energinet, Fingrid, Statnett and Svenska…
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Consent granted for 1700MW of capacity at two East Anglia offshore wind farms
by New Power •
Scottish Power Renewables is celebrating development consent for two major wind farms off the Suffolk coast. Decisions on East Anglia One North (800MW) and East Anglia Two (900MW) had been due on 6 January. In a blog on the consent…
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New funding for MeyGen tidal turbine
by New Power •
Simec Atlantis Energy (SAE) has been granted a non-convertible loan of £2.5 million from Scottish Enterprise, which will allow it to redeploy two more turbines at the MeyGen site in May 2022 and March 2023. This follows the successful deployment…
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Wind and battery owners sign up to reduce costs of managing congested Scotland/England network
by New Power •
System operator NGESO has announced contracts with companies that operate windfarms and batteries to maximise renewable generation on the system and reduce constraint costs across the key cable (B6) on the English/Scottish border. Currently, the main mechanism to manage the…
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GE and Uniper assess options for high-hydrogen fuel mix at Grain CCGT
by New Power •
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
by New Power •
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…
Longread
INTERVIEW: Moving in and moving on: Matthew Mendes discusses Pulse Clean Energy’s launch
by New Power •
Pulse Clean Energy created a stir when it announced plans to convert nine diesel engine sites to battery storage. The company’s switch illustrates how far ancillary markets have come in becoming comfortable for investors. Janet Wood spoke to chief executive…