Thrive Renewables is to invest up to £6.5 million in the UK’s first geothermal power plant at the United Downs Industrial Estate in Cornwall. The plant, being developed by Geothermal Engineering, will produce 3MW of electricity and up to 12MW of heat…
Author Archive for New Power
T-4 Capacity Market auction will see target procurement cut further
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Energy minister Kwasi Kwarteng has reduced again the target for procuring electricity generating capacity in the upcoming Capacity Market auction. The target capacity for the T-4 auction for delivery in 2023/24 is 43.1GW, 200MW below the target expected just a…
Vattenfall joins forces with Midlothian Council to provide energy services to new town
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Vattenfall has been selected by Midlothian Council as its energy partner, joining to set up an Energy Services Company (ESCo). This partnership, which will be a 50/50 joint venture, will focus on delivering a wide range of energy projects across…
Ofgem warns Outfox the Market over outstanding FIT payments
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Small supplier Outfox the Market has been told by Ofgem that it must pay outstanding feed-in tariff payments of £602,930 by Wednesday 12 February, or it may have its licence revoked. Foxglove Energy – the licence-holder, which trades under the…
Gove: livestream COP sessions to improve transparency
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COP sessions could be live-streamed to promote transparency and ensure that national leaders have to tell the same story on the conference steps that they did during negotiating sessions, suggested Michael Grove MP, chancellor of the Duchy of Lancaster. Grove…
OPINION: Consumer action is the key to net zero
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Chris Harris says so far consumer action on decarbonisation remains an untapped resource. How can it be harnessed? Climate change has been on the political agenda at least since the Kyoto Protocol in 1997, driven by the United Nations…
Smart grid platform aims to speed up development with move to ‘open source’
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Dutch distribution system operator Alliander is open sourcing its smart systems platform, formerly known as Open Smart Grid Platform, to speed up development. The system will now be known as Grid eXchange Fabric (GXF) and be developed through LF Energy. Millions…
EBRD issues largest-ever green bond
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The European Bank for Reconstruction and Development (EBRD) has issued its largest ever green bond, a US$925 million 5-year Global (SEC Exempt) Environmental Sustainability Bond that will be used to support investment in five areas: energy efficiency, renewable energy, water management,…
Risk report: smart supply chains and personal data vulnerable to cyber attacks
by New Power • • 1 Comment
Weaknesses in smart supply chains and real-time operating systems are two of the major threats from cybersecurity lapses identified by inspection and certification specialist TÜV Rheinland in its annual report on Cybersecurity Trends for 2020. The report, a collaboration between TÜV…
Northern Powergrid tool offers response ‘in minutes’ to new EV charging point inquiries
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Northern Powergrid has launched a free, online tool that uses real-world network data to help users identify the best locations for new EV charging points. The company said the new system, called AutoDesign, can provide an indicative connection cost in…