Peter Smith, head of policy research at National Energy Action, says we have the biggest policy gap on energy for more than three decades and that action is needed On 14 April, the National Audit Office (NAO) reported that since…
Longread
From the archive: RSPB challenge adds to uncertainty for offshore wind farms seeking a CfD
by New Power •
Neart na Gaoithe has initiated a CFD dispute, according to the Low Carbon Contracts Company, which terminated the wind farm’s Contract for Difference on 29 March From the February 2015 issue of New Power: New uncertainty has been created around the…
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DONG to launch IPO on Nasdaq Copenhagen “this summer”
by Annabel Andrews •
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…
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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…
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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…
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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…