The Crown Estate is starting work on a new leasing opportunity for early commercial-scale floating wind projects in the Celtic Sea. The leasing process will step up the scale of such projects to around 300MW (three times larger than previous rights). The Crown Estate said this was…
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Net Zero plans ‘incomplete and underfunded’
by New Power •
Advisory group the Industrial Strategy Council has warned the government that its plans for Net Zero are incomplete and underfunded. In its annual report on the UK’s industrial strategy – the last before the group is disbanded – the Council…
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Nordic Investment Bank agrees loan for Energinet end of Viking Link
by New Power •
The Nordic Investment Bank (NIB) has agreed a €134.4M (DKK 1 billion) 10-year loan with Danish TSO Energinet to co-finance construction of Viking Link, the interconnector planned to link GB and Denmark. The 1.4GW HVDC electricity interconnector will pass 760km between substations…
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New national planning statements ‘key to delivering renewable energy projects’
by New Power •
New National Planning Statements for energy will be crucial in smoothing the development consent process for renewables, Liz Dunn, a partner at law firm Burgess Salmon, told Waterfront’s Nationally Significant Infrastructure Projects Forum this week. She said that “With new…
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Installers in UKPN area get short cut to decision on EV, heat pump, PV, battery installs with one-stop Smart Connect portal
by New Power •
A new Smart Connect portal launched by UK Power Networks will give an instant decision on whether installers can connect domestic electric vehicle charge points, heat pumps, battery storage or solar PV. UK Power Networks expects up to 700,000 electric…
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First of a fleet of local ‘waste to hydrogen’ units on schedule for startup by Q1 2022, says PowerHouse
by New Power •
PowerHouse says it expects its first project to convert plastic into syngas and power, planned at Peel NRE’s Protos site, will be commissioned and operational by the end of Q1 2022, and a plant in Poland may be commissioned within a…
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Cross-party political declaration of support ‘fundamental’ to sourcing £20B investment needed for Sizewell C
by New Power •
If the government wants to make a new nuclear plant at Sizewell C an attractive investment it this already becoming evident in early engagement that it “needs a pollical declaration” of support from across political lines, according to Stephen Vaughan,…
Longread
INTERVIEW: Beverley Gower-Jones, managing partner, Clean Growth Fund
by New Power •
Beverley Gower-Jones has a good record in picking innovation. That is why after 15 years at the helm of Carbon Limiting Technologies, which included managing the government’s Energy Entrepreneurs Fund, she is now managing partner at the Clean Growth Fund. Her…
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Downing trust picks up solar assets
by New Power •
Downing Renewables & Infrastructure Trust has competed the acquisition of solar PV assets in Great Britain and Northern Ireland totalling 96MWp. It paid £42M (including working capital balances and cash held by the portfolio companies). The portfolio comprises: 13 ground-mounted sites…