The changing nature of assets connected to the gas network present “a very real problem that needs a solution” in the event of a gas supply emergency, National Grid Gas Transmission (NGGT) said at a meeting that kicked off examination…
News
Covid restrictions delay Stoke on Trent’s geothermal heat scheme
by New Power •
Covid-19 has delayed a project to use geothermal energy to provide district heating in Stoke-on-Trent, developer iGas said in a trading update. iGas took on the 14MW deep geothermal project in the Etruria Valley, Stoke-on-Trent when it acquired GT Energy last…
News
Wales sets independent Net Zero target, promises plan by COP26 – major carbon emitters targeted
by New Power •
Wales is set to speed up carbon reduction in its economy and commit to an independent Net Zero target by 2050. Announcing new regulations and a legally binding target, Lesley Griffith AM, minister for environment, energy and rural affairs, said…
News
Cheaper vehicles or easier charging? Bright Blue and Policy Exchange offer proposals to speed up electric vehicle adoption
by New Power •
Battery electric vehicle registrations surged in January, according to the Society of Motor Manufacturers and Traders (SMMT). There were 6240 BHEVs registered during the month, compared with 4054 in January 2020. In contrast – and also due to the effect…
Editor's blog
Range anxiety again?
by New Power •
Think tanks Bright Blue and Policy Exchange raise some useful policy proposals aimed at speeding up the rollout of electric vehicles (see story here). A couple raise questions. Policy Exchange would see government offer competitive tenders and long term contracts…
News
Weir Minerals expects ‘tangible saving’ from selling foundry flex into response, capacity markets with GridBeyond
by New Power •
Weir Minerals says that since December its foundry has been monetising 1MW of its energy flexibility by participating in the fast-acting Dynamic Firm Frequency Response (DFFR) scheme run by NGESO. The foundry has been using GridBeyond’s platform, Point, to enter the…
News
Arenko takes on ‘route to market’ role for Gore Street battery, says it has 100MW pipeline
by New Power •
Asset management software provider Arenko has brought the total capacity under its control to 51MW of operational assets, after signing a contract with Gore Street Energy Storage Fund. It will provide a route to market for Gore Street’s operational 10MW energy…
News
New investors in Highview Power plan ‘liquid air’ storage in Middle East, Africa, USA
by New Power •
Highview Power has secured new funding of over $70 million for its ‘liquid air’ cryogenic energy storage technology, bringing the total amount of funding and grants the company has secured to date to over $145 million. Funding includes a previously announced…
Longread
Shifting sands of network options present conundrum for competitors and consumers
by New Power •
The NGESO’s annual Network Options Assessment (NOA), published in January, set new network investment in train, with a recommendation that 41 new-build options proceed, at a total cost of £13.9B. The recommendation would see £183M invested this year. But the decision also highlighted the potentially…