Gore Street Energy Storage Fund’s new 10MW battery has gone into operation using Origami’s smart grid technology. The battery is in Brentwood, Essex. SSE Business Energy is the licensed supplier and power offtaker for the battery, which uses batteries supplied by Japanese…
News
E.On issues €750M green bond
by New Power •
E.On has successfully issued a €750 million green bond with a tenor of 5.5 years. The comopany said that despite the significant market disruptions caused by Covid 19, it secured favourable interest terms: the bonds have a coupon of 1%. “The…
News
Ammonia under test as alternative fuel for gas engines
by New Power •
Wärtsilä has begun combustion trials using ammonia fuel. The aim is to explore the potential to use ammonia instead. In the test, ammonia was first injected into a combustion research unit to investigate its properties. The tests will be continued…
News
Covid-19 delays SSE report, may hit dividend payments
by New Power •
SSE has signalled a potential rescheduling or reduction in dividend payments during the coming year to manage the effects of Coronavirus. The company said in an update on 27 March that it still planned to recommend dividends of 80p per…
News
Barclays announces ‘ambition’ to reach net zero by 2050
by New Power •
Barclays has announced plans to “become a net zero bank by 2050”. It said, “We’ve made a firm commitment to align our entire financing portfolio to the goals of the Paris Agreement. That means our own operations, and the financing…
News
UPDATED: Renewable energy projects fear impact of Covid-19 disruption as they struggle to meet 31 March FIT deadline
by New Power •
Energy minister Kwasi Kwarteng MP has signed into law an order that will extend the registration deadline for up to 250 small-scale renewable energy installations – many being developed by community groups from 31 March to 30 September. The projects…
Perspective
OPINION: Can Scotland deliver on its green budget?
by New Power •
In an opinion piece published in before Covid-19, Nick Shenken, Clean Energy Partner at TLT, looked at the Scottish Government’s ‘green’ budget There is no doubt that from a climate change perspective, the headlines contained in the Scottish budget make encouraging reading.…
News
Who’s not on gas? CSE updates data
by New Power •
Bristol’s Centre for Sustainable Energy (CSE) has updated its database of postcodes that are not connected to the gas network with data from 2017 (the most recent available). The data, which includes the census area and the co-ordinates of the centre of each…
News
Harmony to add 49.5MW to battery fleet
by New Power •
Harmony Energy has won planning permission for a 49.5MW battery in Salisbury, Wiltshire. Grid, land rights and planning permission are now all secured, and Harmony said it can move forward with the lithium-ion scheme on land adjacent to Salisbury substation.…