Engie has partnered with Google Cloud to use artificial intelligence to optimise sales from Engie’s wind portfolio on short term power markets. In a pilot project the two companies are aiming to ease transactions for wind asset developers and benefit…
News
M&S solar array attracts new investor
by New Power •
Investment company Atrato Onsite Energy plc has taken a £6.6 million stake in a 6MW rooftop solar system. The rooftop array is at a Marks & Spencer warehouse in Leicestershire that was the biggest rooftop solar system in the UK…
News
Ireland takes a step back to direct connection with EU market as Celtic Interconnector wins approval
by New Power •
Ireland’s EirGrid has welcomed a decision by the Irish planning authority, An Bord Pleanála, to grant approval for the Celtic Interconnector, the first direct interconnector between = Ireland and France. The project, jointly developed by French network operator Réseau de…
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Water utility UU sees power costs jump despite extensive hedging
by New Power •
Northwest water utility United Utilities saw its power costs rise nearly 20% to £99.6 million in the year to end March 2022, despite a hedging strategy that saw it fix prices well below market rates for the year. Where UU…
News
SSE benefits from networks businesses, Balancing Market, to see profits rise
by New Power •
SSE has begun the sales process for a 25% stake in its transmission business and it expects to make a decision on the timing of the sale of a similar stake in its distribution business this financial year, after the…
News
Uskmouth battery planned for operation in 2024
by New Power •
Plans have been finalised for a 230MW/460MWh battery at Uskmouth, according to SIMEC Atlantis Energy (SAE), which had to abandon plans to develop an energy from waste plant at the ex-coal site. The battery requires a planning application, to be…
News
Bluefield acquires two 40MW battery projects
by New Power •
Bluefield Solar has acquired two standalone 40MW battery projects from Green Hedge Energy UK Limited expected to begin construction this year. The £4.5 million acquisition included development rights, grid connection costs and the leasehold of land for the two projects,…
News
New France-GB interconnector ElecLink opens for business
by New Power •
ElecLink, a new interconnector between the GB and French electricity markets, will start commercial operations on Wednesday 25 May, the company has announced, following the completion of commissioning on 13 May. The 52km long cable is installed in the Channel…
Longread
FROM THE ARCHIVE: building ElecLink
by New Power •
In June 2018 Eleclink’s Steven Moore talked to Janet Wood about the strict timetable needed to install an interconnector alongside a busy train service – and the nerve required to take forward the new link at the time of Brexit…