Reactive Technologies has raised $15 million to expand its international activities and export its GridMetrix technology, which takes direct measurements of electricity grid ‘inertia’ (stability) and providing system operators with accurate real-time visibility over power network conditions. The funding round…
Longread
Gwynt y Mor OFTO reveals battle to insure offshore wind cables: 40% premium hike and scores of providers decline
by New Power •
Concern over outages in cables connecting the UK’s offshore wind farms to the onshore network have been laid bare by the company that owns the link to Gwynt y Môr wind farm, which argues that a series of repair outages…
News
CMA says GEMA got it right on cost of equity, wrong on clawing back outperformance
by New Power •
The Competition and Markets Authority (CMA) is set to uphold the decision of the Gas and Electricity Markets Authority (GEMA, through Ofgem) to sharply cut the returns network companies can make in the coming five years (the RIIO-2 period), but…
News
Cornwall’s geothermal sites could also provide ‘green’ lithium for batteries
by New Power •
Geothermal Engineering Ltd (GEL), the company developing a deep geothermal electricity power plant at United Downs in Cornwall, says it has found extremely high levels of lithium in the waters extracted for the power plant. It says tests suggest it…
News
Trafford green hydrogen ‘hub’ to turn renewables into hydrogen fuel seeks planning permission
by New Power •
Carlton Power subsidiary Trafford Green Hydrogen Ltd has applied for planning permission for a 200MW so-called ‘low-carbon hydrogen fuel hub’ at the Trafford Low Carbon Energy Park. Hydrogen will be produced using electrolysis, with power from a 20MW solar farm…
News
New mast connection cuts cost and time for solar farm installation
by New Power •
Scottish and Southern Electricity Networks (SSEN) Distribution has enabled faster and cheaper installation of a 70MW solar farm at the former RAF Lyneham base in Wiltshire by using a technology that enabled it to connect directly to an existing tower.…
Editor's blog
Ofgem has to push DNOs’ ED2 plans for EVs and low-carbon heat so they can go further and faster
by New Power •
Electricity distribution network operators (DNOs) are preparing their networks to accommodate a big step up in electric vehicles and heat pumps during the upcoming five-year price review period (dubbed ED2). The numbers have been highlighted in their draft business plans.…
News
Mitsubishi acquires Smarter Grid Solutions, plans to expand into global markets
by New Power •
Mitsubishi Electric has announced it will acquire Smarter Grid Solutions, the UK-based provider of distributed energy resource (DER) management software for power distribution utilities and operators. Brian Heery, president and chief executive of Mitsubishi Electric Power Products said, “We look…
News
Greater Gabbard OFTO ‘could not have forseen’ seal failure that released SF6
by New Power •
Ofgem has agreed to give extra availability credit to Greater Gabbard OFTO plc, the company that owns and operates the cable that connects the Greater Gabbard offshore wind farm with the onshore network. The regulator agreed that a reduction in…