Royal Bank of Scotland (RBS) has decided to halt financing for power companies that generate more than 40% of their electricity from coal (down from a 65% limit) – one of a suite of changes in its financing policy that…
News
BEIS committee to probe government’s carbon capture strategy
by New Power •
The Business, Energy and Industrial Strategy Committee has launched an inquiry on carbon capture, usage and storage (CCUS) and efforts to kickstart this technology in the UK. It has invited written submissions (max 1500 words) to be submitted by 22 June. Committee chair Rachel…
News
South Somerset District Council invests in grid-scale battery storage
by New Power •
South Somerset District Council has announced plans to build a 25MW battery storage facility with a one-hour discharge period. The aim is for it to be operational by the end of 2018. The council said this was, “Only phase one of the…
News
EnergyUK sets out proposals to make EMR fit for purpose for the future
by New Power •
EnergyUK has set out proposals to revisit Electricity Market Reform measures ahead of a planned review in 2019. The lobby group says the Contracts for Difference framework should be maintained as it has been a “successful tool for delivering investment…
Editor's blog
The big battery play and the side effects
by New Power •
Pivot Power’s ambitious plan for 2GW of battery storage has had a lot of airplay for its accompanying plans to build huge electric vehicle charging arrays alongside. But electric vehicles are step two in the company’s strategy and power market…
News
Energy leaders’ initiative aims for more senior women in energy
by New Power •
POWERful Women has launched an initiative to drive up the number of women at senior levels and middle management in the UK energy industry. The Energy Leaders’ Coalition comprises eight chief executives from the UK’s energy sector who are making…
Flash update
Ofgem opens investigation into National Grid Electricity Transmission
by New Power •
Ofgem has opened in investigation into National Grid’s electricity transmission arm (NGET). The regulator said that it would examine whether NGET breached rules relating to its duty to operate the system in an economic and efficient manner. “This includes but…
News
Premier Inn PV installations will total 3MW by the autumn
by New Power •
Whitbread is adding PV to 70 of its Premier Inns – adding to 88 sites where solar is already installed. All the installations are being designed and managed by renewables developer, Anesco, with all works expected to be complete by…
News
Pivot Power announces plans for fleet of 49MW batteries to trade power and charge electric vehicles
by New Power •
Pivot Power has announced plans to build 45 transmission-connected batteries sized at 49MW to offer grid services and, ultimately, provide ultra-fast electric vehicle charging points. It expects to trade power from the batteries, totalling 2GW, in the balancing market, eventually…