Copenhagen Infrastructure II, a fund under Copenhagen Infrastructure Partners, and through it PensionDanmark and 18 other institutional investors, has teamed up with Burmeister & Wain Scandinavian Contractor (BWSC) to acquire the Kent biomass-fired combined heat and power (CHP) plant project.…
Author Archive for New Power
Financing agreed for two Gaelectric wind farms
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Gaelectric has agreed a €38 million financing package for construction of two wind farms in county Kilkenny. Ballybay, near Tullaroan, will comprise six Enercon turbines and will have a capacity of 13.8MW. Foyle, south east of Ballybay, will comprise four…
Moorside’s Morecambe Bay connection to be first onshore network up for tender
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A new power line that would allow the new Moorside nuclear plant in Cumbria to be connected to the transmission network is expected to be the first built under a 25-year build and own contract. The North West Coast Connections…
Ofgem calls on suppliers to ‘move early’ to increase competition
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Ofgem wants suppliers to “move early” on getting disengaged energy customers to be more active in the market, saying it will “not be easy or quick” to get customers who rarely look at their bills to engage. The regulator promised…
SSE under Ofgem investigation over pre-payment meter switching practices
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Ofgem has launched an investigation into SSE’s pre payment meter (PPM) processes The investigation is being launched following concerns about SSE’s approach to switching its customers onto pre-payment meter tariffs, particularly those in potentially vulnerable situations. Ofgem said the investigation…
Hinkley Point C gets go-ahead – but UK delays
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Members of the board at EDF have voted to go ahead with Hinkley Point C, the UK’s first new nuclear plant for two decades – but the UK has delayed the project again. The board was reported to have voted…
Expert Forum: ‘GB power network must evolve. We need ISO and DSOs’
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EXCLUSIVE RESEARCH The GB’s high-voltage electricity network should have an independent system operator (ISO) instead of leaving the responsibility with a ring-fenced part of National Grid, says a large majority of New Power’s Expert Forum. The ISO model would provide…
Scottish Government ‘must act to reassure investors after wind farm decision’
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A Scottish legal decision that quashed the permits for four major offshore windfarms, including one – Neart na Gaoithe (NNG) – that had a Contract for Difference (CfD), is an immense problem for wind, infrastructure in general and the Scottish…
Is it Brexit for Hinkley Point C?
by New Power • • 1 Comment
This blog was written for Nuclear Engineering International in early July. I thought delays would come from the French side … The UK has voted to leave the European Union. Where does that leave the country’s flagship nuclear new-build…
Beware an embedded benefits review ‘by stealth’
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Colin Prestwich, head of regulatory affairs at Smartest Energy, warns that taking a step-by-step approach to updating embedded benefits could have unintended consequences