Greencoat Renewables has acquired the 36MW Dromadda More wind farm in County Kerry, Ireland from a renewable energy infrastructure fund managed by Impax Asset Management. The Fund acquired the project to develop 11 turbines on the site in 2015 from a local…
Author Archive for New Power
Ecotricity picks Next Kraftwerk to partner on countrywide balancing service
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Ecotricity has formed a partnership with Next Kraftwerke to regulate and balance energy generation, storage and demand, countrywide in real time. Businesses with energy storage systems, energy generators and customers that can manage their demand will all be able to benefit…
EDF Renewables acquires Neart na Gaoithe offshore wind farm
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EDF Renewables has bought the 450MW Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, paying €500 million, according to reports. The project is now said to be fully consented after a series of…
Hunterston stays offline while EDF Energy assesses new core cracks
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EDF Energy has delayed restart of a reactor at its Hunterston B nuclear plant – possibly until the end of 2018 – because it found new cracks in the graphite blocks that form the reactor core. Graphite cracking is an…
Wave and tidal industry claims triple benefits: low carbon, cost reductions and a new UK industry
by New Power • • 1 Comment
Tidal stream and wave energy projects can pass the government’s ‘triple test’ for gaining development support, according to the Offshore Renewable Energy Catapult. Climate change and industry minister Claire Perry said technologies had to: achieve maximum carbon reduction; show a clear cost…
Arup to assess potential for large wave energy devices
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Arup has been commissioned by Wave Energy Scotland to explore the opportunities for very large-scale – bigger than 10MW – wave energy generation. The study will see Arup undertake analysis to seek out the opportunities for large scale devices, as…
Report finds ‘energy entrepreneurs’ meeting over 9% of UK needs – but growth is slowing
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There were 400 new energy projects commissioned outside the traditional energy sector last year, but the pace of growth is slowing in the face of changes to financial support schemes, according to Smartest Energy’s annual Energy Entrepreneurs report. The total…
National Grid agrees sale of its share in Cadent gas network
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National Grid has announced plans to sell its remaining stake in Cadent Gas, the company that acquired and runs its gas distribution networks. The network company retained 25% of Cadent when the remainder was sold to the Quadgas Group at…
Burbo extension connection transferred to OFTO for £193 million
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Ørsted has signed an agreement for the sale of transmission assets connecting the Burbo Extension offshore wind farm to the GB network to Diamond Transmission Partners Burbo Bank Extension Limited. The transmission assets include the onshore substation, export cables and the offshore substation. Offshore…
Centrica to test blockchain peer-to-peer energy trading in Cornwall local market
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Centrica and LO3 Energy have announced a new trial of blockchain technology as part of a local energy market in Cornwall. Blockchain can provide a secure platform for consumers to buy and sell power. The project will see the technology used in…