Ørsted, formerly known as Dong Energy, has signed an agreement to sell 50% of the 659MW Walney Extension offshore wind farm project. The buyers will be a consortium consisting of two Danish pension funds. Each investor will obtain a 25%…
Author Archive for Annabel Andrews
EDF Energy Renewables to sell majority stake in five UK wind farms
by Annabel Andrews • • Comments Off
EDF Energy Renewables is selling a majority stake in five of its UK onshore wind farms to Greencoat UK Wind. EDF Energy Renewables will continue to own a 20% share in the wind farms and will continue to run the…
BEIS Committee seeks views on the Draft Energy Price Cap Bill
by Annabel Andrews • • Comments Off
The Business, Energy and Industrial Strategy Committee has announced a call for evidence on the government’s Draft Energy Price Cap Bill. The BEIS Committee’s pre-legislative scrutiny will involve examining the objective, provisions, and likely impact of the legislation and the…
Three quarters of firms doubt this parliament can deliver infrastructure improvement
by Annabel Andrews • • Comments Off
A record number of firms are dissatisfied with the state of infrastructure in their region, according to the 2017 CBI/AECOM Infrastructure Survey. Nearly all (96%) of the 727 businesses surveyed see infrastructure as important to the government’s agenda, but only…
Severn Trent sets sights on 20MW flexible demand capacity with Open Energi
by Annabel Andrews • • Comments Off
Water and sewerage company Severn Trent has partnered with Open Energi to unlock demand flexibility from its equipment. The company, which provides water to 4.5 million households and businesses across the Midlands and Wales, aims to provide over 20MW of…
Shell brings rapid EV charging to garage forecourts
by Annabel Andrews • • Comments Off
Shell has launched a new on-forecourt electric vehicle (EV) rapid charging service. The service is currently available at three Shell garages in London, Surrey and Derby, and will expand to seven more garages in Greater London and Reading by the…
UK holds place in top ten renewable energy investment destinations, says EY
by Annabel Andrews • • Comments Off
The UK has held it’s place at number ten in EY’s index of the world’s most attractive renewable energy markets. The report’s authors cited the results of second contract for difference (CfD) auction as contributing to the UK’s place in the…
Energy sector reacts to government’s clean growth strategy
by Annabel Andrews • • 1 Comment
The energy sector has been responding to the government’s Clean Growth Strategy. Energy Institute chief executive Louise Kingham said: “Putting CCS back at the table and action to tackle emissions from heat, alongside renewables, nuclear and electric vehicles make this a credible plan… Hitting…
ENA seeks views on how to make most of distributed energy resources
by Annabel Andrews • • Comments Off
The Energy Networks Association’s (ENA) Open Networks Project has launched a consultation to seek views on how to create a smart electricity grid that enables new markets and opportunities for distributed energy technologies, battery storage, solar panels and services such…
Irish single electricity market “a priority” for Brexit negotiations, says UK government
by Annabel Andrews • • Comments Off
The single electricity market between Northern Ireland and the Republic of Ireland should be a priority for Brexit negotiations, the UK government said in a position paper published today. It added that the single electricity market is “by far the…