The Competition and Markets Authority (CMA) has decided to open a full investigation, expected to last until 22 October, into SSE’s plans to merge its retail business with that of Npower. An initial investigation by CMA found that the deal…
News
BEIS committee to take evidence on Swansea Bay Tidal Lagoon
by New Power •
The Business, Energy and Industrial Strategy (BEIS) Committee and the Welsh Affairs Committee are to scrutinise the decision-making process for the Swansea Bay Tidal Lagoon project. Rachel Reeves, BEIS committee chair, said: “The Swansea Tidal Lagoon project has been a tale of…
News
Greencoat Renewables acquires Dromadda More wind farm
by New Power •
Greencoat Renewables has acquired the 36MW Dromadda More wind farm in County Kerry, Ireland from a renewable energy infrastructure fund managed by Impax Asset Management. The Fund acquired the project to develop 11 turbines on the site in 2015 from a local…
News
Ecotricity picks Next Kraftwerk to partner on countrywide balancing service
by New Power •
Ecotricity has formed a partnership with Next Kraftwerke to regulate and balance energy generation, storage and demand, countrywide in real time. Businesses with energy storage systems, energy generators and customers that can manage their demand will all be able to benefit…
News
EDF Renewables acquires Neart na Gaoithe offshore wind farm
by New Power •
EDF Renewables has bought the 450MW Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, paying €500 million, according to reports. The project is now said to be fully consented after a series of…
News
Hunterston stays offline while EDF Energy assesses new core cracks
by New Power •
EDF Energy has delayed restart of a reactor at its Hunterston B nuclear plant – possibly until the end of 2018 – because it found new cracks in the graphite blocks that form the reactor core. Graphite cracking is an…
News
Wave and tidal industry claims triple benefits: low carbon, cost reductions and a new UK industry
by New Power •
Tidal stream and wave energy projects can pass the government’s ‘triple test’ for gaining development support, according to the Offshore Renewable Energy Catapult. Climate change and industry minister Claire Perry said technologies had to: achieve maximum carbon reduction; show a clear cost…
News
Arup to assess potential for large wave energy devices
by New Power •
Arup has been commissioned by Wave Energy Scotland to explore the opportunities for very large-scale – bigger than 10MW – wave energy generation. The study will see Arup undertake analysis to seek out the opportunities for large scale devices, as…
News
Report finds ‘energy entrepreneurs’ meeting over 9% of UK needs – but growth is slowing
by New Power •
There were 400 new energy projects commissioned outside the traditional energy sector last year, but the pace of growth is slowing in the face of changes to financial support schemes, according to Smartest Energy’s annual Energy Entrepreneurs report. The total…