Switching site Moneysupermarket saw no revenue from energy switching in the last quarter of 2021 because high wholesale energy prices meant there were no switchable energy tariffs available from October. The company said it was assuming that energy revenue would…
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Swansea Moto gets Wales’s first fast-charging EV hub
by New Power •
Service station operator Moto said it was accelerating plans to open fast charging points at its sites this year, as it opened a Gridserve Electric Hub – Wales’ first high-powered electric vehicle (EV) charging hub – at Moto Swansea. The…
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Nova Innovation to place 15MW tidal turbine in Yell Sound
by New Power •
Nova Innovation has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound, between the islands of Yell and Bigga. The new project follows Nova’s earlier tidal array in neighbouring Bluemull Sound,…
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Greencoat acquires County Kerry wind farm
by New Power •
Greencoat Renewables has acquired Tullahennel wind farm from funds managed by affiliates of Apollo Global Management, Inc. The windfarm, in County Kerry, Ireland, and consists of 13 GE 2.85MW turbines that have been operational since September 2018. The windfarm’s revenues…
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Dungeness B closure ‘a crushing blow’ says EDF director
by New Power •
The closure of the nuclear power plant at Dungeness B was a “crushing blow”, Jerry Haller, nuclear decommissioning director at EDF Energy, told the Parliamentary Accounts Committee last week in a session on the future of the UK’s AGR reactors,…
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Goldman Sachs to take power from three UK solar farms in virtual PPA
by New Power •
Three solar farms in the UK will provide the power for a virtual corporate power purchase agreement (VPPA) between NextEnergy Capital and part of the Goldman Sachs Group. The three solar farms are all planned for delivery in 2023. Goldman…
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BEIS acts to tighten UK supply chain requirements on CfDs and extend regime to floating wind
by New Power •
Large floating wind projects will be required to submit Supply Chain Plans (SCPs) for projects above 300MW when applying for Contracts for Difference (CfDs), and all developers will have to score higher when submitting Supply Chain Plans to BEIS. The…
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Stability markets to open to renewables and interconnectors as Grid Code change takes effect
by New Power •
From today wind, wave and solar generators will be able to offer the kind of stability services which have traditionally been delivered by conventional generators. They can do this because a rule change takes effect that allows National Grid ESO…
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Pulse Clean Energy to swap out diesel generation for battery storage on nine sites
by New Power •
Pulse Clean Energy is decommissioning nine diesel generation sites and repurposing them as grid-scale battery storage assets. The changeout is part of its ambition to operate more than 1GW of energy storage assets across multiple markets. Pulse Clean Energy is…