In September 2016 New Power considered how onshore wind operators should think about the supposed ‘end-of-life’ for existing wind farms. Repowering windfarms with larger, more efficient turbines is a huge opportunity to improve plant economics. But in the current policy…
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Offshore wind leasing round delayed to refine tender process
by New Power •
The Crown Estate has delayed its planned offer of new leases for offshore wind projects (Round 4) so it can revise its tender process following market feedback. The next leasing round will now be in etc autumn. The sea bed…
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Electricity System Operator asks for feedback on network capability documents
by New Power •
National Grid ESO is seeking industry feedback on its Electricity Ten Year Statement, an annual update on the network’s capability, to see whether it should change to meet evolving industry needs. The statement has been produced annually since 2012 and…
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Review of impact assessment raises concern over charging reforms
by New Power •
Ofgem’s planned reform of parts of the charging regime for electricity providers risks undermining renewable energy investments and raising the cost of operating the system, according to a review of the measure’s impact assessment. Consultant Oxera reviewed the impact assessments for…
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Commit to CCS and consider a RAB funding model, says BEIS Select Committee
by New Power •
Carbon capture and storage (CCS) is a key tool for decarbonisation and the government should consult on new funding models to support it, including a ‘regulated asset base’ model. That was the conclusion of ‘Third time lucky?‘ a new report…
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EPH acquires Northern Ireland plants from AES
by New Power •
AES corporation has announced plans to exit the UK. EP UK Investments will acquire AES’s entire UK business – which is all in Northern Ireland - including all assets, systems and key management and staff. AES will sell its interest in two Northern…
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Energy from waste plant at South Humber Bank wins consent
by New Power •
Planning consent has been granted by North East Lincolnshire Council for an energy-from-waste plant located on land at the South Humber Bank power station site. The South Humber Bank Energy Centre will be powered by approximately 620,000 tonnes per…
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Competition for £30 million in large-storage funding closes Friday
by New Power •
Applicants have until Friday this week to enter BEIS’s competition to win funding to develop new storage options that can deliver units sized at tens of MW. BEIS is looking for “innovative, replicable” solutions that could offer an alternative to…
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Tidal power company wins £1 million Scottish investment
by New Power •
Tidal energy company Sustainable Marine Energy (SME) has secured equity investment totalling £3.46 million to further develop its PLAT-I tidal energy platform system. In the company’s latest funding round, the Scottish Investment Bank (SIB) committed £1 million on behalf of…