Five ‘long duration storage’ projects have been jointly awarded over £4 million of funding by the Department for Business, Energy and Industrial Strategy (BEIS). The funding is intended to accelerate commercialisation such storage projects through to actual demonstrations. BEIS says,…
News
Crown Estate Scotland set to offer seabed wind leases around oil and gas infrastructure
by New Power •
Crown Estate Scotland is will open a bidding window in June 2022 offering offshore leases for specific types of offshore wind projects. The round will have two ‘pots’. One is for innovative wind projects sized at less than 100MW, which…
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Triodos and Grid Beyond to drive installation of £10M of behind-the-meter storage
by New Power •
Grid Beyond has agreed a project financing facility from Triodos Energy Transition Europe Fund to invest £10 million in a pipeline of ‘behind the meter’ battery storage projects across the UK and Ireland. Triodos Energy Transition Europe Fund is the…
Editor's blog
SMR reactors tend towards ‘business as usual’ for UK nuclear
by New Power •
As Rolls Royce’s so-called ‘small modular reactor’ (SMR) technology takes steps towards being qualified and deployed in the UK it is beginning to look more like traditional nuclear generation. The company’s SMR reactor is among the leading UK SMR technologies,…
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IGas joins Cornish Lithium to develop geothermal heating schemes
by New Power •
IGas and Cornish Lithium have agreed heads of terms to develop geothermal heating projects, and are considering sites to jointly develop a pilot scheme. The companies say a technical and commercial evaluation of a number of potential project locations is…
News
Habitat Energy strikes deal to manage two batteries for Eelpower
by New Power •
Energy storage company Eelpower has signed a three-year optimisation agreement for two 50MW batteries with Habitat Energy. The batteries are being built as part of Eelpower’s 2021 joint venture arrangement with Swiss infrastructure fund manager SUSI Partners. The projects, at…
Editor's blog
The rooftop PV experience – one week after installation
by New Power •
Yesterday at about 11am I ran away from my desk to put the washing on, vacuum the house and plug in anything that needs recharging. Work distractions apart, it’s unusual behaviour for me during the working day. But I suspect…
News
Whoop Energy and Xcel Power cease to trade
by New Power •
Whoop Energy and Xcel Power have ceased to trade and entered the supplier of last resort process. Whoop Energy supplies 262 gas and electricity customer accounts, of which 212 are non-domestic and 50 domestic. Xcel Power has 274 customer accounts,…
News
Moneysupermarket saw energy switching revenues at zero in Q4 2021, expects zero energy revenue in 2022
by New Power •
Switching site Moneysupermarket saw no revenue from energy switching in the last quarter of 2021 because high wholesale energy prices meant there were no switchable energy tariffs available from October. The company said it was assuming that energy revenue would…