Nearly 15GW of floating wind farms could be installed off the coast of Scotland, along with nearly 10GW of fixed turbines, if projects bid into the ScotWind leasing round all delivered. Crown Estate Scotland announced that 17 projects have been…
News
Two contracts signed for Equinor and SSE Thermal’s planned hydrogen store at Aldbrough
by New Power •
Equinor and SSE Thermal have awarded two contracts for work on a proposed hydrogen storage facility at Aldbrough. Engineering company Atkins and sustainability consultancy Environmental Resources Management (ERM) have been awarded major contracts, representing an important milestone and progress in…
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Low carbon generators set to pay £39M to suppliers as high wholesale prices prompt CfD reverse
by New Power •
This quarter the Contracts for Difference (CfD) mechanism that smooths and supports income for renewable energy generation will return money to electricity suppliers for the first time. It will return over £39 million for the last quarter of 2021 and…
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Ecotricity set to disrupt Good Energy sale of renewables assets
by New Power •
Ecotricity has tried to stop Good Energy, in which it is a large shareholder, from disposing of its renewable generation portfolio without its approval. In November Good Energy put its 47.5MW power generation portfolio up for sale to fund a…
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Vehicle to grid technologies proposed as Capacity Market option
by New Power •
The Capacity Market could provide an opening for electric vehicle (EV) owners who can charge their vehicles flexibly. Other forms of storage such as batteries, and demand side response, are both already able to bid in to the Capacity Market.…
Longread
INTERVIEW: Amber Infrastructure’s Mark Andrew on delivering green growth
by New Power •
Levelling up, building back better and going green ought to all be part of the Net Zero goal. That is on local as well as national government’s agenda, but delivering the ideal outcome is complex. Janet Wood spoke to Amber…
News
JLEN shifts investment from wind and solar, forsees better returns in biomass and greenhouse farming
by New Power •
Returns for wind and solar infrastructure assets have been driven down by increased competition and a maturing market, according to JLEN Environmental Assets. Announcing a new £60 million share offering it said future investment would be directed towards the wider…
News
Results from 25,000 households reveals huge potential to use domestic flexibility to manage power system
by New Power •
Active households who can respond to requests to turn up or turn down their electricity usage, in response to price signals, could significantly reduce peak electricity demand and boost usage when required, a project involving 25,000 households has found. The…
News
Motor Fuel Group promises 60 new fast-charging EV sites in 2022
by New Power •
Forecourt operator Motor Fuel Group (MFG) has said it will invest £50 million investment in 2022 on EV chargers on dual-fuel and EV-only sites. The company, which has 900 forecourts, previously said it would invest £400 million in EV infrastructure…