High returns in the UK meant solar and battery owner Foresight Solar saw revenues increase, despite a reduction in generation in other countries. It generated 5.3% less than the base case across its global holdings in 2021, but UK operational…
News
New Tees Valley lithium plant aims to become major supplier to European EV battery ‘gigafactories’
by New Power •
A new lithium processing company being set up at Teesside Freeport aims to supply 15% of European demand within the decade, according to its new chief executive. Lithium is a key material used in batteries and other new energy technologies.…
News
Green inertia services cut costs of decarbonising grid
by New Power •
Three green inertia services will go live by summer, along with new technology which measures the amount of inertia on the network, according to the system operator. Julian Leslie, Head of Networks at National Grid ESO, said: “Building a green…
News
Gas market price spikes leave suppliers facing credit and collateral calls
by New Power •
As the market price of gas spikes still higher, energy suppliers are set to be hit by fast-changing requirements for collateral and credit lines in order to trade in the electricity market. Trading parties are set to be hit by…
Longread, News
Energy data sharing access – examples from offshore, balancing and the retail market
by New Power •
Three initiatives on data sharing and easier access: Offshore data The Crown Estate’s has announced a new look to its online Marine Data Exchange (MDE) that offers more user-friendly and intuitive design, improved search speed and browsing functionality, easier navigation…
News
DNOs ‘complacent’ on line losses, says Sustainability First, as it struggles to compare ‘inconsistent’ distribution network business plans
by New Power •
Distribution network operators (DNOs) have taken a “step up” on customer engagement and taken on board the Net Zero target, Sustainability First (SF) said in a report on the DNOs’ business plans for the next five years. But there are…
News
‘Behind the meter’ emergency equipment failing, warns HSE
by New Power •
Industrial users relying on so-called uninterruptible power systems (UPSs) to provide a smooth and continuous supply when there is a problem with grid supply may get a rude shock if they have taken a ‘fit and forget’ approach, the Health…
Editor's blog, News
Measures to cut out SF6 in distribution networks ‘wholly inadequate’; planning loophole allows for use at high voltage
by New Power •
Is the UK doing enough to reduce the use of sulphur hexafluoride (SF6)? The characteristics of this gas make it highly effective for use in electrical switchgear – but it one of the most potent greenhouse gases, with an effect…
News
IGas plans ‘deep geothermal’ heat project in Manchester
by New Power •
IGas is assessing a number of sites across North West England suitable for deep geothermal energy and it expects to announce acquisition of a site in Manchester by summer this year, it has announced. The unconventional gas company is shifting…