Janet Wood asks how we will look back on the hydrogen future In the short term, a switch to electric heating is expensive and disruptive. It may mean new heating systems are needed throughout the property. In contrast, a switch to…
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Global investor chief Lawrence Slade says UK needs a delivery plan to unlock green infrastructure funding, warns cash set to go elsewhere
by New Power •
Regulatory pressure including the RIIO settlements have created a “nervousness in investors” and a new uncertainty and the government “missed an opportunity in the budget to put that right,” according to Lawrence Slade, chief executive of the Global Infrastructure Investment…
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Four Drax gas turbine projects still up for sale – now with £230M in Capacity Market contracts
by New Power •
Drax says that it is still considering the sale of four 299MW open cycle gas turbine (OCGT) projects at sites in England and Wales, although three of them have provisionally secured 15-year Capacity Market agreements in the T-4 auction. The agreements are…
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Ofgem plans to cut electricity distributors’ return on equity by a third from 2023
by New Power •
Citizens Advice has welcomed an announcment from regulator Ofgem that it would cut allowed returns for electricity distribution network operators (DNOs) by a third in the upcoming price review period, saying “In the face of appeals by other energy networks over…
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GE confirms plans to manufacture wind turbine on Teesside
by New Power •
GE Renewable Energy has confirmed plans for a wind turbine blade manufacturing facility on Teesside for its 13MW Haliade-X turbines. Each turbine blade is 107M long. It will provide 190 turbines for Dogger Bank, the world’s largest offshore wind project, being built by SSE Renewables…
Longread
Longread: take a deep dive into offshore cable risks
by New Power •
Our expanding electricity network – and its expanding pool of owners – has raised new questions about how to allocate and manage risk relating to the cables on which the system depends. New Power took a deep dive into cable…
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Thrive takes on second battery, aims at wholesale, balancing and capacity markets
by New Power •
Thrive Renewables has acquired the rights to its second battery storage project. The 20MW battery on Feeder Road in Bristol will offer flexibility, delivering 20-40MWh (one to two hours). Thrive is now working to identify partners for the construction phase which is…
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SmartEnergyGB meter claims ‘not misleading’ says ASA
by New Power •
TV and radio advertisements from SmartEnergyGB that claimed smart meters would help users save energy are not misleading, the Advertising Standards Authority (ASA) has decided. The advertisements said smart meters were “…helping you save on your bills too” and “…her smart meter…
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BritNed interconnector expected to be out of action until 22 April; cable fault blamed
by New Power •
BritNed, a 1GW interconnector linking GB with the Netherlands, is out of action. The cable was said by its owner to have experienced an unplanned outage starting at 6.36 Central European Time on 9 March. The company added, “Current indications…