Thrive takes stake in geothermal power plant

Thrive Renewables is to invest up to £6.5 million in the UK’s first geothermal power plant at  the United Downs Industrial Estate in Cornwall. The plant, being developed by Geothermal Engineering, will produce 3MW of  electricity and up to 12MW of  heat…

Distribution markets make a slow start

Markets for fexibility run by distribution network operators (DNOs) have made a very slow start, according to comments made at NGESO’s recent Power Responsive forum. There have been bidders available for just 20% of the requirement so far offered. However, there have been dramatic…

EBRD issues largest-ever green bond

The European Bank for Reconstruction and Development (EBRD) has issued its largest ever green bond, a US$925 million 5-year Global (SEC Exempt) Environmental Sustainability Bond that will be used to support investment in five areas: energy efficiency, renewable energy, water management,…