LF Energy has added Sony Computer Science Laboratories to its members and launched Hyphae, a microgrid initiative to automate the peer-to-peer distribution of renewable energy. It is seeking hardware partners to collaborate to ensure the new system is entirely interoperable.…
Editor's blog
Texas customers face blackouts – are there lessons for the UK?
by New Power •
Energy customers in Texas are facing rolling blackouts, with around 4 million currently off power. Users have been asked to cut peak demand and unprecedented actions have been seen from competitive suppliers, who have offered customers payments of up to…
News
National Grid Gas fined £4M over gaps in data re users in high rise buildings that meant gas pipes went unsurveyed
by New Power •
National Grid Gas plc has been fined £4M with £91,805 costs for failing to ensure its records relating to gas risers were up to date. National Grid Gas previously operated several local gas distribution networks (GDNs) supplying gas to UK…
News
Cornish Metals raises £8.2M to explore mine site
by New Power •
Cornish Metals expects to start drilling at its United Downs site in Cornwall in late March or early April after raising £8.2M in new shares and private investment and listing on the AIM market . The company wants to extract copper…
News
All-hydrogen display houses to open at NGN site in April
by New Power •
Two houses being built at Northern Gas Networks’ site in Low Thornley, Gateshead will be the UK’s first with household appliances fuelled entirely with hydrogen. The semi-detached homes, funded with the help of the Hy4Heat programme, will open in April 2021.…
News
£10M investment in Centre for Greening Finance research hubs that will provide the data to help turn investors green
by New Power •
The government is to invest £10 million in a new UK Centre for Greening Finance, with physical hubs in Leeds and London. These research hubs will provide data and analytics to financial institutions and services such as banks, lenders, investors…
News
BEIS sets out proposed CCUS timetable, aims for investment decision on two 2020s clusters by 1H 2022
by New Power •
BEUS wants to identify carbon capture and storage (CCUS) clusters by August that may be eligible for government support for deployment by the mid 2020s and allow for a final investment decision in the first half of 2022. It is…
News
‘Sandbox’ experiment on metering could enable housing developments to use cheaper ‘micro grids’
by New Power •
A ‘Sandbox’ proposal to trial a new metering solution in. a live’ market environment is under consultation until 26 February. Emergent Energy is a renewable energy supplier that specialises in microgrids (residential private wire networks) in the social housing sector.…
News
Greencoat UK Wind seeks £198M to fund acquisitions
by New Power •
Renewable infrastructure fund Greencoat UK Wind is seeking to raise up to £198M by issuing shares institutional investors at 131p per share. The fund invests in operating UK wind farms, with exposure to offshore limited to 40% of Gross Asset Value (currently 30%).…