Smart grid platform provider GridBeyond has secured £9 million in new funding. The leading investor in the round was EDP - Energias De Portugal, the Portuguese electric utility company. It was supported by existing and new investors in the company: Act Venture Capital –…
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Habitat picks up management contract for Gresham House
by New Power •
Habitat Energy is to optimize 74MW of energy storage projects for Gresham House Energy Storage Fund. The multi-year agreements comprise three existing projects: a 20MW project in Wiltshire, a 5MW project in Wolverhampton and the recently-commissioned 49MW project on the Red Scar…
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HVDC: The future of ancilliary services?
by Annabel Andrews •
What are the best ways to connect between different electricity grids? The changing mix of the electricity system and the advent of long-distance links sent grid companies back to HVDC technology. Now its providers suggest it could have many more advantages for…
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CCC: make more use of home grown energy crops
by New Power •
The UK should expand its use of bioenergy to deliver carbon savings, the Climate Change Committee said in its report published today (23 January). But support should be limited and the best use of biomass kept under review. The report…
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Ofgem agrees customers can pick up the bill to cover £12.7M in credit balances at latest failed suppliers
by New Power •
Two more suppliers that took on new customers under ‘supplier of last resort’ arrangements, promising to preserve customer credit balances, will be able to recover part of that cost from consumers, Ofgem has agreed. The latest agreements will call on…
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Citizens Advice warning: public needs support to make net-zero transition
by New Power •
Government must put the public at the heart of plans to reach net zero by 2050 or it risks fatally undermining the process, Citizens Advice has warned. In a survey of 2000 adults in December, 82% supported the commitment. But…
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Open Networks consults on work plan; standardisation and whole systems at the forefront – webinars announced
by New Power •
The Energy Networks Association has opened consultation on the Open Networks Project work programme. In 2020 the Project will focus on delivering standardisation and alignment across all Workstreams. Priorities for the year include: Advancing local markets for flexibility, with standard…
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Industrial decarbonisation gets new research centre and ‘champion’ with £20M to spend
by New Power •
An Industrial Decarbonisation Champion has been appointed to develop plans for a new £20m Research and Innovation Centre at Edinburgh’s Heriot-Watt University to drive the UK’s delivery of Net Zero emissions. The inituiative and is backed by £20 million funding until…
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WPD expects first tranche of digital network model to go live in 2020
by New Power •
Western Power Distribution (WPD) has been working with CGI to build a digital network model of its network using CGI’s Integrated Network Model solution (INM). The platform will present a digital reference model of the WPD networking ensure a consistent, robust…