Rainbow Rare Earths has reported positive results in sampling for neodymium and praseodymium at its Phalaborwa site in South Africa. The materials are among so-called ‘rare earths’ that are vital components of the permanent magnets used in wind turbines and other generatorsand there are…
News
Carbon emissions reserve price in new UKETS set at £22
by New Power •
The government has set the reserve price for carbon emissions at £22 in the first auction in the new UK Emissions Trading Scheme. Auctioning will start no later than Q2 2021. The government said that reserve price would be fixed until “it is…
Longread
NGGT probes gas emergency arrangements’ link with power generation, fearing ‘no robust methodology’. Are gas engine fleets ‘free riding’?
by New Power •
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…
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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…