Environmental infrastructure fund JLEN has made its first investment in large biomass CHP, with the acquisition of Cramlington Renewable Energy Developments Ltd and its underlying contracts. Cramlington owns a biomass CHP plant located to the north west of Cramlington in…
News
Origami raises £20M to fund expansion of data and trading software that underpins use of green energy
by New Power •
Origami has raised £20.5M of new funding to help grow its trading and automation software business. The software provides power traders with real-time data and machine-learning decision-support tools to reduce risk, improve visibility and capture value opportunities within new and…
News
New UK weather dataset allows organisations to improve modelling of extreme events to improve energy resilience
by New Power •
A new set of data that will make it easier for power sector organisations to model and research extreme weather events in the UK has been made available to researchers. The Adverse Weather Scenarios for Future Electricity Systems project offers…
News
Octopus REIT confirms plans to raise £100M for new renewables investment across Europe
by New Power •
Octopus Renewables Infra Trust has confirmed plans to raise £100M for new renewable energy investment via a share issue, subject to agreement at an AGM planned in early July. The Trust currently has 22 solar and two wind assets with…
News
Partial solar eclipse is likely to see little change in supply, as other activities are interrupted to observe the event during PV generation dip
by New Power •
A partial solar eclipse on Thursday will likely cause a temporary change in electricity supply on the transmission system of about 600MW, or 3% of the total, according to system operator NGESO. Working on the experience of previous eclipses, it…
News
Ecotricity promises to bring forward solar and battery projects as it sells Electric Highway to Gridserve
by New Power •
Gridserve has acquired all of Ecotricity’s electric vehicle charging network Electric Highway. Gridserve took 25% of Electric Highway in March, promising to replace existing chargers will be replaced with new technology, doubling the capacity. It said it would offer three…
Longread
Open up smart gas and electricity meter data or risk ‘flying blind’ into the energy transition: group on public interest calls for ‘bolder steps’
by New Power •
It should be possible to use the data from millions of smart meters already installed in homes and small businesses to support public policy making and practice. But there are important gaps in making that possible – and perhaps the…
News
New research: majority of homeowners support or are indifferent to domestic gas price rises, but want fuel poverty support
by New Power •
Nearly a quarter of customers (23%) would be more likely to vote for a government that increased the price of gas for domestic heating and it would make no difference for 37% of respondents, according to new research by the…
News
Drax joins with Bechtel to seek bioenergy CCS projects in Europe and America
by New Power •
Drax has joined with engineering, construction and project management company Bechtel to identify opportunities to construct new ‘bioenergy with carbon capture and storage’ power plants globally. Bechtel said it will focus its study on “strategically important regions” including North America…