The recent volatile prices in the GB energy market nearly doubled expected revenues for some assets owned by energy storage investor Gore Street Energy Storage Fund (GSF) in September. In a later update the fund said the doubling was achieved…
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Data and computing demand raises interest for flexibility – and home heating
by New Power •
Data centres have large power requirements but they could provide more flexibility than demand, according to a new study from BloombergNEF (BNEF) in partnership with Eaton and Statkraft. Large data centres in the UK, Germany, Ireland, Norway and the Netherlands…
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Temporary power supplier sees a boost in users replacing diesel with vegetable oil
by New Power •
Temporary utilities equipment supplier Aggreko believes rising gas prices area factor, along with decarbonisation, in a surge in customers switching to hydrotreated vegetable oil (HVO) to power their installations. The company said HVO use had grown rapidly from constituting a…
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Rolls Royce to offer 100% hydrogen gas engines from 2023
by New Power •
Rolls-Royce has said it will launch versions of its gas engines that will run on 100% hydrogen in 2023, along with conversion kits for existing engines. The company referred to its ‘mtu’ gas engine portfolio, sized between 128kWe and 2.5MWe…
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ACT NOW; National Grid wants feedback this week on carbon dioxide pipeline proposals for the Humber
by New Power •
National Grid is seeking responses this week to a consultation on proposals for a new onshore network of pipelines to transport captured carbon dioxide emissions from companies in the Humber region – the UK’s largest industrial cluster. The pipelines will…
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BEIS announces £3.9M of funding over three years for heat decarbonisation, sets 2026 deadline to decide hydrogen’s role
by New Power •
The government will take a decision on the role of hydrogen in home heating by 2026, BEIS said, as it announced funding of £3.9 billion over the next three years for heat decarbonisation as part of its Heat and Buildings…
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Vanadium flow batteries to provide grid services from Scottish Water’s Perth site
by New Power •
Invinity Energy Systems has delivered four VS3 vanadium flow batteries with a total capacity of more than 0.8 MWh to an energy project at a waste-water treatment plant owned by Scottish Water in Perthshire, Scotland. The vanadium flow battery will…
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National Energy Systems Map moves to ‘proof of concept’ phase
by New Power •
Britain’s electricity and gas networks have launched a new National Energy Systems Map (NESM), that will pull network data from all of them into a digital, whole-energy system map covering Great Britain. Working with Ordnance Survey and 1Spatia, the map…
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IGas joins with Iona Capital to move into solar farm development
by New Power •
IGas has announced a move into solar farms, after agreeing joint development terms with renewable energy investor Iona Capital. IGas will contribute its planning and infrastructure expertise, whilst Iona will provide non-recourse project finance. The two will jointly develop utility…