Ofgem plans to allow Together Energy to reclaim nearly £5 million in costs it incurred when it took over failed supplier OneSelect’c customers. Together Energy was one of six companies who competed to take on the customers as part of…
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Carbon capture projects win £26 million in government funding
by New Power •
Nine projects have secured £26 million of government funding, alongside industry funds, to advance the rollout of carbon capture, utilisation and storage (CCUS) in the UK. The largest projects involve carbon capture from an industrial process and from bioenergy. Luke…
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REA calls for action on biomass with carbon capture
by New Power •
The Renewable Energy Association has launched a new paper calling for action to be taken on biomass with carbon capture and storage. The Committee on Climate Change (CCC) has stated that achieving net zero is not possible without greenhouse gas…
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Birmingham reserve project set for go-ahead
by New Power •
Kibo Energy has acquired 100% of a shovel-ready reserve power generation project, Bordersley in Birmingham, from its subsidiary MED. The project is a 5MW gas-fuelled plant and is targeted for commercial commissioning end Q1 2020. This is the first reserve power…
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Offshore wind targets help UK retain renewables investment ‘pull’
by New Power •
Plans to boost offshore wind helped the UK retain its position as the eighth most attractive destination globally for investment in renewable energy, according to the latest ‘renewable energy country attractiveness index’ (RECAI), produced by EY. China and the US…
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Offshore wind delivers growth for Crown Estate despite low wind year
by New Power •
Offshore wind was the major growth area in The Crown Estate’s Energy, Minerals & Infrastructure sector last year. Income across the estate as a whole totalled £441 million and profit £389 million, allowing it to return £343 million to the Treasury.…
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New biomass-fuelled plant for Port Talbot area
by New Power •
A 40MW, £160 million, power plant fuelled with waste wood has gone into operation at Margam, near Port Talbit. The plant is owned by Glennmont Partners. The main contractor for the project, a consortium of Babcock & Wilcox Vølund and…
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French delays leave GB users shut out of Terre platform benefits until 2020
by New Power •
GB power customers will not be able to benefit for another year from sharing reserves with the EU’s internal energy market, it has emerged. The delay means GB customers miss out on savings of up to €13 million. The IEM’s…
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Offshore wind initiative aims to grow the industry’s annual exports to £2.6 billion
by New Power •
The Offshore Wind Industry Council (OWIC) has launched the Offshore Wind Growth Partnership (OWGP), a £100 million, 10-year programme to support the growth of UK businesses looking to capitalise on the huge opportunities offered by the growth in offshore wind around the world. The growth plan comes as part of…