Danish utility and offshore wind developer DONG Energy has announced it will launch an Initial Public Offering (IPO) of its shares on Nasdaq Copenhagen. The partially state-owned company said the IPO could be launched for a listing in summer 2016, barring…
News
Good Energy signs deal with ITM Power to fuel hydrogen car refuelling stations
by Annabel Andrews •
Renewable electricity company Good Energy has signed an agreement to supply power for the production of hydrogen fuel at ITM Power’s hydrogen car refuelling stations. Juliet Davenport OBE, founder and chief executive of Good Energy said: “At Good Energy we’re proud…
Longread
From the archive: The gas, electricity, transport balancing act
by Annabel Andrews •
ITM Power chief executive Graham Cooley spoke to Janet Wood about using the gas and transport fuel networks to help balance the power system This interview originally appeared in the March issue of New Power. Click here to find out how…
Flash update
Nissan and Enel join forces to start electric vehicle to grid trial in the UK
by New Power •
Carmaker Nissan and power company Enel have announced plans for the first electric vehicle-to-grid (V2G) trial in the UK. One hundred V2G units will be installed at locations agreed by private and fleet owners of the Nissan Leaf car and e-NV200…
Flash update
Attractiveness of UK renewables investment ‘on a landslide’, says EY report
by Annabel Andrews •
The UK’s attractiveness as a destination for renewable energy investment has reached an all-time low and investment in new projects is expected to decrease drastically from 2017, according to Ernst and Young’s Renewable Energy Country Attractiveness Index, published today. The report’s authors say the…
News
National Grid’s Gone Green scenario ‘too cautious’, new Energy Systems Catapult hears
by New Power •
The ‘Gone Green’ scenario among four options set out by National Grid in its Future Energy Scenarios is ‘middle of the road’, and the next five years could see a dramatic change in the energy system if consumers act. That…
News
Centrica to raise £700 million in share issue
by Annabel Andrews •
Centrica announced today that it will raise £700 million by issuing around 350 million additional shares, a move that ratings agency Moody’s described as “a credit positive step”. The issue represents around 7 per cent of the company’s share capital. Centrica will place the shares…
Longread
Revised P2 standard could create a patchwork of electricity service levels
by New Power •
P2 revision: will it mean cheaper connections, or a slow and uncertain process?
Flash update
“Local markets are the future”, says Open Utility after peer-to-peer energy trial
by Annabel Andrews •
Tech company Open Utility have finished a six‐month trial of an online peer‐to‐peer marketplace for renewable energy, which allowed consumers and generators to buy and sell renewable energy directly. The trial was a collaboration between energy startup Open Utility and…