Renewable energy strategy consultancy Almach has launched an online renewable energy procurement platform. The RE-search portal links large corporate energy users with renewable project owners and developers. It offers a procurement tool that identifies and secures long-term renewable energy supply via corporate…
Author Archive for New Power
Minesto begins test of tidal energy project
by New Power • • Comments Off
Marine energy developer Minesto has begun commissioning its first commercial-scale tidal energy project. Initial sea trials of the company’s DG500 tidal energy converter are taking place in Holyhead harbour and Holyhead Deep . David Collier, Minesto’s chief operating officer, said: “The commissioning…
Robin Hood Energy to join Warm Homes scheme as it posts surplus
by New Power • • Comments Off
Robin Hood Energy has announced it has made an operating surplus in its third year of trading. The company accounts, submitted to Companies House, have been independently audited to verify a trading surplus of £202,000. This surplus will be used…
UK pension investors take stake in EDF Renewables
by New Power • • Comments Off
EDF Renewables has sold a 49% stake in its wind farms to Dalmore Capital and the Pensions Infrastructure Platform (which brings together UK local authority pension schemes). The cash proceeds to EDF at close for the 49% stake are £701…
A Brexit conundrum for the electricity sector
by New Power • • Comments Off
Here’s a special case for the Brexit discussions on the single market. The Republic of Ireland is, and remains, a member of the European Union. Northern Ireland is and remains a part of the UK. Each has an electricity market…
BP acquires Chargemaster, plans ultra-fast charging rollout
by New Power • • Comments Off
BP, with 1,200 service stations, is to buy the UK’s largest EV charging company, Chargemaster, which operates over 6,500 charging points. Under its new name, BP Chargemaster will rollout ultra-fast charging infrastructure, including 150 kW chargers capable of delivering 100 miles…
Planned Aquind interconnector with France is ‘low risk’, regulators conclude
by New Power • • Comments Off
Europe’s Agency for the Co-operation of Energy Regulators (ACER) has decided that Aquind, a planned interconnector between France and GB, should not be allowed exemptions from some regulatory provisions, arguing that the project is low-risk. The project sought exemptions from…
Committee on Climate Change: choking off onshore wind and other low cost CO2 measures hits carbon trajectory and consumers’ pockets
by New Power • • Comments Off
The next year is crucial in maintaining the lowest-cost approach to decarbonising the economy, the Committee on Climate Change said in its annual progress report. Government must learn the lessons of the last decade, it said, and it had four…
Hywind adds battery storage to floating wind farm
by New Power • • Comments Off
Norwegian energy company Equinor and Abu-Dhabi-based Masdar have installed a battery to connect to their Hywind floating wind farm. The 1MW/1.3MWh system, designed and supplied by battery storage integrator Younicos, will dynamically balance power. Two Younicos portable modular battery containers (dubbed Y.Cubes), have been placed at…
Bishop’s Stortford battery refinanced
by New Power • • Comments Off
Statera Energy has completed a debt facility re-financing with NatWest for a battery storage installation. The 49.99MW lithium-ion battery near Bishop’s Stortford was commissioned in December 2017 after it won a two-year contract with National Grid to provide fast frequency response…