Tees Valley Lithium has received first phase approval for an application to the government’s £1 billion Automotive Transformation Fund (ATF). The ATF aims to support large-scale industrialisation in the transition to electric vehicles and will invest up to £1 billion…
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NGESO calls on users to drop demand for 1.5 hours on Tuesday peak
by New Power •
The System Operator has asked one coal-fired generator to warm in case it is needed to help cover evening peak demand on Tuesday 24 January and has activated the Demand Flexibility Service for the second day in a row. NGESO…
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Interconnectors set to return £200 million after high prices bust revenue cap
by New Power •
National Grid’s interconnector business will return some £200 million to consumers in the next two financial years because it revenues from its interconnectors have exceed the cap agreed with Ofgem. The IFA2 and Nemo interconnectors, with France and Belgium respectively,…
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Energy company fined after switch room accident
by New Power •
Global Energy Nigg Limited has been fined £80,000 after a surveyor died from injuries caused by an electrical explosion on its premises. The surveyor was carrying out an asbestos survey on 10 December 2020. He was injured by an electrical…
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Invinity vanadium flow battery planned for inland surf venue The Wave
by New Power •
Absolute Solar and Wind Limited has bought a 0.4 MWh vanadium flow battery from Invinity Energy Systems as part of an integrated solar PV and electric vehicle (EV) project at The Wave, Bristol, an inland surfing facility. The project will…
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Refinancing completed for Blyth part-owner Vantage RE
by New Power •
Vantage RE has refinanced its share of the Blyth wind farm offshore of Northumberland. The £72 million refinance package sees Mizuho Bank and Natwest Bank become lenders to the company, which is a subsidiary of Tenaga Nasional Berhad (TNB), a…
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UPDATED: System operator adds demand response event to coal startup to cover Monday peak
by New Power •
System operator NGESO has called a ‘live’ demand response event that should see energy users dial down demand in the 5-6pm period to reduce strains on electricity supplies. NGESO said: “Our forecasts show electricity supply margins are expected to be…
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€10 million project will deploy larger blades on tidal turbine to boost power
by New Power •
A project aiming to maximise tidal energy generation has been launched at the University of Edinburgh’s FastBlade facility. The €10 million new MAXBlade project – funded by the European Union and UK Research and Innovation – aims to improve the…
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Ubitricity to install 300 EV charge points in Liverpool city lamp posts
by New Power •
Liverpool City Council has appointed Ubitricity, a wholly owned Shell subsidiary, to install a 300 on-street electric vehicle (EV) charge points in the city. The new 5kW charge points, which are installed directly into existing street lampposts can be installed…