Gas network operator SGN, Macquarie’s Green Investment Group (GIG) and Esso Petroleum have signed a memorandum of understanding to explore the use of hydrogen and carbon capture in the Southampton industrial cluster. Esso said an initial feasibility study by SGN…
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Co-op’s ‘aggregated PPA’ with Zeigo opens renewables option for small third-party buyers
by New Power •
Co-op Power has partnered with Zeigo to tender 100GWh per annum for a ‘Co-operative’ power purchase agreement (PPA) . In the new agreement, the Co-op group now buys energy directly from seven onshore wind and solar PV projects under long…
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Energy Entrepeneurs Fund to make £30M in grants to 58 companies
by New Power •
The government has awarded more funding than planned in the latest round of its Energy Entrepreneurs Fund. It has added £19 million to the £11 million planning for this round, awarding grants totalling £30 million to 58 small and medium-sized…
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ACT NOW: NGESO wants feedback from distributed generators on new distributed ‘black start’ opportunity
by New Power •
The Electricity System Operator (NGESO) wants to hear from companies with distributed energy resources as it prepares to implement a new ‘Electricity System Restoration Standard’ (ESRS). It wants responses by 17 December. The ESRS is the ‘black start’ response that…
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Scottish Power EV charger customers offered AA backup
by New Power •
ScottishPower has taken a novel approach to giving people with ‘range anxiety’ confidence to switch to a zero-emissions vehicle by joining forces with breakdown service company AA. Anyone who purchases an electric vehicle home charger with ScottishPower can register for…
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New funding for mobile hydrogen storage supplier
by New Power •
Lancaster-based NanoSUN, which supplies mobile hydrogen storage and refuelling systems, has won £12 million in new funding. The biggest funder was a £9.05 million private equity injection from HydrogenOne Capital Growth plc, with other new investors including Germany’s Westfalen Group.…
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Remaining suppliers hit by £205M bill to cover Renewables Obligation gap
by New Power •
Renewables Obligation (RO) payments have fallen short by £204,786,037.53 in England and Wales and by £13,514,114.20 in Scotland, Ofgem says. There was no shortfall in the Northern Ireland scheme. The shortfall has triggered ‘mutualisation’ and suppliers who met their RO…
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Gas networks provide funding for Fuel Bank Foundation’s emergency energy support for consumers
by New Power •
Four gas distribution networks – Cadent, Northern Gas Networks, SGN and Wales & West Utilities – are to jointly provide £500,000 fund to the Fuel Bank Foundation over over two years to support households affected by the fuel crisis. The…
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Consent for Swansea Lagoon lapses as it fails to meet requirement to start work within five years
by New Power •
The developer of the Swansea Bay Tidal Lagoon has failed to convince the High Court that it has ‘commenced development’ on the project, a judgement which means that the project’s development consent will lapse. Development consent requires the project to…