National Grid Electricity Transmission plc (NGET) has today agreed to pay £20 million into Ofgem’s Energy Industry Voluntary Redress Scheme after it accepted it had failed in monitoring, maintaining and repairing the Harker 132kV substation near Carlisle, Cumbria between November…
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Projects stall because of lack of offtake agreements and policy certainty, says EIC
by New Power •
Half of developers say UK energy projects are getting stuck before final investment decisions because developers cannot secure bankable offtake deals and long-term contracted revenues, according to a report from the Energy Industries Council. Stuart Broadley, the EIC’s chief executive,…
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DESNZ asks CMA to ‘gather evidence’ on heating oil market as prices rise
by New Power •
The Department for Energy Security and Net Zero has asked the Competition and Markets Authority to gather evidence on the situation in the heating oil market and look at whether consumers are being treated fairly. Secretary of State Ed Miliband…
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Contracts signed for HVDC link to transmit power from Scotland to England
by New Power •
Contracts for the converter stations and cable system that will make up the Eastern Green Link 3 (EGL3) project have been signed. EGL3 will help remove transmission bottlenecks so that electricity can flow to where it is needed by increasing…
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NGED project aims to help community energy expand – and keep benefits local
by New Power •
An innovation project launched by National Grid Electricity Distribution (NGED) could provide grid connections for community energy groups at lower costs, working with TNEI, Regen and Energy Local. It will test a new “Geoprint” approach to identify the best points…
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East coast projects collaborate on streetworks to minimise disruption
by New Power •
Sizewell C and ScottishPower Renewables (SPR) are taking a coordinated approach to necessary local highway works in key areas of East Suffolk as part of the construction programmes for Sizewell C and the East Anglia TWO offshore windfarm. The joined-up…
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More projects set to follow first geothermal power and lithium extraction in Cornwall
by New Power •
Geothermal Energy Lithium (GEL) has celebrated delivering the UK’s first continuous geothermal electricity from its United Downs plant in Cornwall. Octopus Energy has signed a long-term deal to purchase at least 3 MW of power from the site. GEL has…
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Engie to acquire UK Power Networks
by New Power •
Engie is set to take ownership of UK Power Networks from CK Infrastructure Holdings in a deal said to be worth £10.5 billion. Subject to regulatory approvals, the acquisition is expected to take effect in mid 2026. Engie is a…
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Ground source heat network planned for new Cardiff development
by New Power •
Wates Residential has contracted UK Power Solutions to deliver a ground source heat network for 235 new homes in Cardiff. located at the former Michaelston Community College site. UKPS (a subsidiary of Last Mile Group) will see the company and…