Electricity and energy industry models are starting to diverge from the centrally dispatched model dominated by large generators, and demand side response – although often an opaque term to users – is becoming a familiar part of the landscape. Initiatives…
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Shell to double electricity sales by 2030 and put Net Zero strategy to shareholders – but plans to expand gas business
by New Power •
Shell is to ask its shareholders at its 18 May AGM to endorse an energy transition strategy that will see it set a Net Zero target by 2050 for Scope 1, 2 and 3 emissions. It said, “the support of our shareholders is…
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Capacity Market entrants want Covid derogations extended, fearing contract terminations over build delays
by New Power •
Companies who have new-build Capacity Market contracts have pleaded with the Department for Business, Energy and Industrial Strategy (BEIS) to extend special Covid arrangements that delayed the required completion date for the new assets. The companies said new plant that…
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Smart relays will release capacity for more connections in Kent, Surrey and Sussex
by New Power •
New ‘smart’ relays on being installed by UKPower Networks on 80 transformers across 35 sites across Kent, Surrey and Sussex should allow additional plant to connect to the system. The £932,000 project will see the devices installed between now and 2024. Traditionally,…
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Hunterston B wins permission for six month swan-song
by New Power •
EDF’s Hunterston B nuclear power plant has has the go-ahead from the Office for Nuclear Regulation to restart for a short period before closing for good. Both reactors won permission for a period of around six months. The remaining life…
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Good Energy loses domestic customers, gains business customers
by New Power •
Good Energy lost 7.7% of its domestic customers in 2020, with numbers falling to 84.9k, although it saw a 1.1% rise in FIT customers to 47.1k. But its increasing focus on business customers bore fruit with a 12.3% increase in business supply…
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UPDATED: US subsidiary hit by $2.5M emissions penalty as Drax presses ahead on global biomass growth plans
by New Power •
UPDATE: Drax has completed the acquisition of biomass producer Pinnacle. The company said that increasing self-supply and reducing biomass production costs would pave the way for it to deliver bioenergy with carbon capture and storage (Beccs). It said, “By becoming…
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Whitelee to add green hydrogen, battery and solar farm to produce hydrogen for Glasgow City Council vehicles
by New Power •
A planning application has been made for a 20MW electrolyser, 40MW solar farm and 50MW battery energy storage, to be sited at ScottishPower Renewables’ Whitelee wind farm near Glasgow. ITM Power said that application had doubled the planned electrolyser scale capacity and…
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On-site EV chargers now ‘crucial to long term viability and value protection’ for real estate sector
by New Power •
Electric vehicles will have a major impact upon real estate and sites that cannot accommodate the needs of EV users at sufficient scale will be less attractive to occupiers. That was the conclusion of a report on e-mobility from property company…