Author Archive for New Power

Pensions Infrastructure Platform acquires more wind assets

Scottish Equity Partners (SEP) has sold its portfolio of onshore wind farms to Pensions Infrastructure Platform (PiP) for an enterprise value of £50 million. The  portfolio contains all five of the wind farm investments made by the Environmental Capital Fund (ECF), a specialist infrastructure…

Ripple Energy launches crowdfunding

Ripple Energy is about to start crowdfunding to develop a platform that offers a new ownership model for renewables. It is using Seedrs to raise £750,000 for 23.21% of the company. Last month New Power editor Janet Wood spoke to Ripple’s…

Longannet demolition moves forward

Parts of a structure at Longannet, Scotland’s last coal-fired power station, have been successfully demolished in a controlled explosion. The boiler annex east, close to the station’s chimney, was ‘blown down’ in calm conditions on Thursday by ScottishPower’s demolition contractor…

CfD registrations open

The registration process for the Contracts for Difference Third Allocation Round has now opened, the EMR Delivery Body has announced. The registration is in preparation for the upcoming auction round which is due to open by May 2019. The EMR…

Capacity Market T-1 auction set for June

A Capacity Market Auction will be held on 11-12 June for delivery year 2019/20, BEIS has announced. Prequalified companies who do not wish to take part have to notify the EMR Delivery Body over the next two weeks.that they will withdraw.…

Did anyone tell National Grid Gas?

In its strategy document ‘Towards 2030′ National Grid sets out ambitious, and very welcome, plans to take on the challenge of transforming the UK’s energy system. It says, “As the System Operator for Great Britain, we are privileged to sit…