The government has asked stakeholders for views on how best to deploy its £320m capital funding for building heating projects. The £320m fund was announced in last autumn’s spending review. Decc plans to run the first funding round as a pilot…
News
Offshore CO2 storage “unlikely” to attract private investment unless government shoulders financial risk
by Annabel Andrews •
Offshore CO2 storage is not an attractive investment proposition for the private sector, according to the Carbon Capture and Storage Association (CCSA) and government must shoulder the financial risks if CO2 projects are to go ahead. The associations’s new report into UK…
News
Government accepts fifth Carbon Budget as Rudd seeks to reassure industry
by New Power •
The government has accepted the Committee on Climate Change’s recommendation on that the UK should set a target to reduce carbon emissions 57% (compared to 1990 levels) by 2030. Professor Jim Watson, UKERC director, called the announcement: “very good news…
News
SSE takes FID on 70MW plant at Ferrybridge
by New Power •
SSE has taken a final investment decision to proceed with the 70MW Ferrybridge Multifuel 2 (FM2) project in Yorkshire. Construction is expected to begin this year. The project will be built next to the recently completed Multifuel 1 project, on…
Longread
From New Power Report: So you want to be a CATO?
by New Power •
Helen Miller and Deborah Greenwood discuss opportunities and obstacles in the new competitive transmission regime The government’s proposal to lift the restrictions on the ownership of onshore transmission assets and open up the market to competitively appointed transmission owners…
News
Barry Gardiner replaces Lisa Nandy as shadow energy secretary
by Annabel Andrews •
The shadow energy and climate change minister Barry Gardiner has been promoted to shadow secretary of state for energy and climate change, after Lisa Nandy resigned in protest at Jeremy Corbyn’s leadership. The shadow energy minister responsible for transmission and distribution, Alan Whitehead, also…
News
Video: Tidal turbine destined for commercial stream array revealed
by Annabel Andrews •
A new video shows the three month assembly of a tidal turbine in time-lapse footage. The Offshore Renewable Energy (ORE) Catapult, together with turbine developer Atlantis Resources, took the footage over three months as the 1.5MW AR1500 turbine was assembled prior…
Flash update
A guide to embedded benefits
by New Power •
The Department of Energy and Climate Change has promised to review the charges paid by generation that is connected to local, low-voltage distribution networks. Such plant, connected close to demand, does not need to use the high-voltage transmission network. This…
News
CMA holds the lines on remedies: CfD transparency; new industry change regime; new roles for Ofgem
by New Power •
The Competition and Markets Authority has promised ‘over 30′ changes in the energy industry to improve competition in what it described as “the most comprehensive investigation into the energy market since privatisation”. The changes will be accomplished via a combination…