The Scottish Government is to provide £1.8 million from the Low Carbon Infrastructure Transition Programme to fund a new geothermal heating system for new homes at the former Johnnie Walker bottling plant in Kilmarnock. The homes are part of a three-phase…
Author Archive for New Power
SSE issues €600M green bond to refinance onshore wind
by New Power • • Comments Off
SSE has issued a €600 million green bond to refinance its portfolio of recently constructed or under construction onshore wind farms. The company said there was “significant demand” for the eight-year, 0.875% bond, which it said made it possible to price…
Fossil power specialists make storage and flex part of the package
by New Power • • 1 Comment
GE plans to supply storage technologies alongside gas in future, according to the company’s vice president for Europe, Michael Rechsteiner. He expects to see the roles being filled by fossil plants changing and in future, when selling or upgrading gas…
Energy Saving Trust wins contract to distribute energy companies’ redress payments
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In the past five years energy companies have made £191 million in voluntary redress payments when they broke rules, in addition to direct payments made to customers. Now Ofgem has appointed the Energy Saving Trust (EST) to manage the allocation…
Evenergi wins first ‘lite’ licence with Corona
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Ofgem has granted its first ‘Licence Lite’ approval, to Evenergi. The ‘lite’ licence is intended to help new suppliers enter the electricity supply market. It allows the new entrant to partner with an existing licensed supplier – who assumes responsibility…
DNOs could face penalty over performance on large connections
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Electricity distribution network operators (DNOs) have been warned they may face penalties if they do not improve their performance on upgrading connections or connecting new customers to the network.The poor performance relates to connecting larger customers. DNOs have a bonus/penalty…
Independent networks ‘an opportunity for innovation’
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Changes in the views of housebuilders will be a major influence in rolling out electric vehicles and other domestic energy options, according to Vicki Spiers. “Will people decide not to buy houses because they don’t have an electric vehicle charging…
UKPN invites distributed generators to bid for flex payments
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UK Power Networks is inviting expressions of interest from distributed energy operators who can increase generation or reduce consumption on request at 10 locations across the network, including Broad Oak, Harpenden, Cockfosters, Merryhill, Lewes and Rainham. Until 8 September, companies…
Time to knock heads together
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Injecting renewable energy into the network is being delayed, and the cost reductions available from standardisation are not being realised, because networks’ technical requirements and processes vary. Early payments and capacity problems on the system are major barriers. Sound familiar?…
From the archive: Cobalt, lithium, copper … is metal supply a barrier for renewables and batteries?
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Behind the steel and concrete, even the most familiar energy technologies rely on extracting metals to deliver high performance. Those metals can be expensive to source, globally concentrated and in growing demand by competing industries. Are they a risk factor?…