Statkraft has entered the Irish power market. It has been granted a supply licence in the Republic of Ireland and has successfully concluded a seven-year power purchase agreement (PPA) with Castledockrell, a 41.4MW wind farm. The timing coincides with the new…
Author Archive for New Power
From the archive: New Power Report talks to new supplier Bulb
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Amit Gudka and Hayden Wood saw the energy industry from the inside and thought they could do better. Two years ago Janet Wood spoke to them Bulb founders Amit Gudka and Hayden Wood tell me they set up the company because they experienced the energy…
Ofgem sets out proposed price cap to save consumers £1 billion
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Ofgem has proposed price caps that it says would save the average household on a default tariff £75 per year. “In total, the price cap would save consumers around £1 billion,” said the regulator. It believes companies who serve the…
Ørsted celebrates opening of Walney Extension
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Ørsted has announced the opening of the 659MW Walney Extension offshore wind farm – currently the world’s largest. The site comprises 40 MHI Vestas 8MW wind turbines and 47 Siemens Gamesa 7MW wind turbines, covering an area of 145km2 in the Irish…
UK and EU businesses call for Brexit agreement to enshrine partnership on energy and climate
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A coalition of UK and EU organisations has written to Theresa May and EU president Jean-Claude Juncker to plead for a comprehensive joint plan to work together on energy and climate after Brexit. The organisations want the EU and UK to…
Gas and electricity networks want low carbon projects: £90 million in funding up for grabs
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Energy Network Companies have launched a ‘Call for Ideas’ for network innovations for gas and electricity network. Companies can work with gas and electricity network operators to develop bids for innovation projects that will total up to £20 million for gas…
Future Energy Scenarios: National Grid Seeks feedback
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National Grid has opened a consultation on its Future Energy Scenarios for 2019. Each year the grid operator produces scenarios intended to explore different pathways that the energy system may take. They try to capture a range of outcomes from…
European networks seek views on ten-year plan
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Ensto-e, the organisation for Europe’s electricity network companies, has asked for feedback on its Ten-Year Development Programme. The group says that in order to decarbonise the electricity system, major change will be required simultaneously across the system. That includes “putting…
Levenmouth demonstration offshore wind turbine gets ten years more
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The 7MW Levenmouth offshore wind demonstration turbine in Fife will be available until 2029 after it won permission from the Scottish Government to remain in operation. The turbine, run by the Offshore Renewable Energy (ORE) Catapult, has been operating for…
As Project Terre gets the go-ahead: from the New Power archive – European reserve auction platform ‘could cut balancing costs by a quarter’
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Ofgem has approved a modification that will enable UK parties to participate in Europe’s balancing market. The change paves the way for the parties to participate in the Trans-European Replacement Reserves Exchange (Project Terre) via National Grid. In February 2018,…