Climate change, and fears over lack of mitigation or adaptation, has been rated the top risk on the World Economic Forum’s 11th annual Global Risk Report – higher than weapons of mass destruction. What is more, it was closely linked…
News
E.On to sell UK exploration and production business to Premier Oil
by Annabel Andrews •
E.On has signed an agreement to sell its UK exploration and production subsidiaries to Premier Oil for $120 million (£83 million). The portfolio includes stakes in 40 licenses, including a 5.2 per cent interest in the Elgin-Franklin field, a 47…
News
Scotland should source half of all energy from renewables by 2030, says industry body
by Annabel Andrews •
Industry body Scottish Renewables has said Scotland should generate the equivalent of 50 per cent of its total electricity, heat and transport demand from renewables by 2030. Renewables currently produce the equivalent of 15 per cent of Scotland’s energy use from electricity,…
From the monthly Report
From the archive: Sara Bell, Tempus Energy chief executive, talks to New Power
by New Power •
From the archive: New Power interviews Sara Bell, Tempus Energy chief executive
News
NextEnergy acquires 53MW solar PV parks in Cambridgeshire and Gloucestershire
by Annabel Andrews •
NextEnergy Solar Fund limited has bought three operating solar PV plants for £61.7 million. It now owns the 20.4MW Fenland plant and 24.8MW Green End plant, both in Cambridgeshire; and the 8.1MW Tower Hill solar farm in Gloucestershire. The three plants are grid-connected…
News
Eggborough owner buys Lynemouth power station from RWE
by New Power •
Central European energy group EPH has added Lynemouth to its UK portfolio, buying the power station – due to be converted to burn biomass – from RWE. EPH already owns the 2GW Eggborough power station. Lynemouth is a 420MW coal-fired…
News
National Grid publishes guidelines for Capacity Market transitional auction
by Annabel Andrews •
National Grid has published guidelines for the 2016 transitional Capacity Market auction. The secretary of state has set the target capacity for the auction at 900MW and the price cap at £40/kW/year. The transitional auction will take place on 26 January 2016. Click…
Editor's blog
The real failures on energy security
by New Power •
Secretary of state Amber Rudd has been looking for energy security in all the wrong places
News
RES to build battery energy storage facility for WPD
by Annabel Andrews •
RES are to engineer, procure and construct a 300kVA/640kWh battery energy storage system for Western Power Distribution (WPD). The project will demonstrate nine different applications of energy storage on the grid as part of WPD’s initiative to investigate the technical and commercial feasibility…