3i Infrastructure has announced plans to invest an additional £125 million in Infinis so it can acquire Alkane Energy. Infinis is the largest generator of electricity from landfill gas in the UK, in which 3i Infrastructure invested in December 2016.…
News
Work starts at Achlachan wind farm
by New Power •
Construction has begun on the Achlachan wind farm, one of 15 onshore wind projects to secure a Contract of Difference in 2015. The 10MW, five turbine project is scheduled to be commissioned in early January 2019. Developer Whirlwind Renewables signed a 15-year power purchase…
Perspective
OPINION: You’ll regret Ofgem for its competence
by New Power •
Franck Latrémolière says years of experience in commercial matters related to electricity networks have given him an insight into what doesn’t work. That includes some of the conclusions of the Helm review The Helm review contains some radical ideas…
News
Mynydd y Gwynt refusal upheld
by New Power •
The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…
News
Paying for energy policy through taxation would reduce energy bills for 70% of households, says UKERC
by Annabel Andrews •
Some 70% of UK households would be better off if energy policy costs were removed from gas and electricity bills and applied according to household income, according to research published today by the UK Energy Research Centre. In ‘Funding a Low…
Editor's blog
Do we need more gas storage?
by New Power •
The last week has shown up the weaknesses of our gas supply. Or the strengths, depending on how you look at it. Gas prices spiked. But that’s the way the market works: at a time of shortage, prices rise and…
News
Northern Powergrid announces plan to cut network losses
by New Power •
Northern Powergrid has announced a new plan to forecast and reduce losses on its power network. Distribution network operators (DNOs) are required to reduce losses and until the current price review period they had financial incentives to do so. However,…
News
Malaysian power company acquires UK FIT wind portfolio
by New Power •
Malaysia’s power company, Tenaga Nasional Berhad (TNB) has acquired 80% of two UK renewable energy companies – GVO Wind and Bluemerang Capital – for £171 million. This acquisition, via wholly owned subsidiary, Tenaga Wind Ventures UK, is TNB’s first foray into onshore…
Flash update
National Grid seeks demand response to maintain gas supply levels
by New Power •
The gas system operator has issued a Gas Deficit Warning, asking for bids to reduce gas demand as it is predicting a shortfall at the end of the day. The warning was issued at 5.30AM in response to a series of…