Here’s a special case for the Brexit discussions on the single market. The Republic of Ireland is, and remains, a member of the European Union. Northern Ireland is and remains a part of the UK. Each has an electricity market…
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BP acquires Chargemaster, plans ultra-fast charging rollout
by New Power •
BP, with 1,200 service stations, is to buy the UK’s largest EV charging company, Chargemaster, which operates over 6,500 charging points. Under its new name, BP Chargemaster will rollout ultra-fast charging infrastructure, including 150 kW chargers capable of delivering 100 miles…
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Planned Aquind interconnector with France is ‘low risk’, regulators conclude
by New Power •
Europe’s Agency for the Co-operation of Energy Regulators (ACER) has decided that Aquind, a planned interconnector between France and GB, should not be allowed exemptions from some regulatory provisions, arguing that the project is low-risk. The project sought exemptions from…
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Committee on Climate Change: choking off onshore wind and other low cost CO2 measures hits carbon trajectory and consumers’ pockets
by New Power •
The next year is crucial in maintaining the lowest-cost approach to decarbonising the economy, the Committee on Climate Change said in its annual progress report. Government must learn the lessons of the last decade, it said, and it had four…
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Hywind adds battery storage to floating wind farm
by New Power •
Norwegian energy company Equinor and Abu-Dhabi-based Masdar have installed a battery to connect to their Hywind floating wind farm. The 1MW/1.3MWh system, designed and supplied by battery storage integrator Younicos, will dynamically balance power. Two Younicos portable modular battery containers (dubbed Y.Cubes), have been placed at…
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Bishop’s Stortford battery refinanced
by New Power •
Statera Energy has completed a debt facility re-financing with NatWest for a battery storage installation. The 49.99MW lithium-ion battery near Bishop’s Stortford was commissioned in December 2017 after it won a two-year contract with National Grid to provide fast frequency response…
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United Utilities to offer 8MW of flexible power services
by New Power •
Open Energy is working with water supplier United Utilities to deliver a flexible approach to energy management. The water firm generates 21% of its electricity consumption via solar PV, biogas and hydro plant and it plans to install a further…
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E.On completes Uniper sale to Fortum
by New Power •
E.On has completed the sale of its 46.65% stake in Uniper to Fortum. The European Commission and Russia’s Antimonopoly Authority have both given merger control approvals and the transaction has now been completed and closed. In total, E.On received approximately…
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Ørsted to divest residential and network businesses
by New Power •
Ørsted has announced plans to sell off its domestic customer business in Denmark, along with the distribution network and City Light businesses, to focus on supplying and trading green power internationally. The company claims a global leadership position in offshore…