Britain risks creating a two-tier energy system, where some regions benefit from the latest technology, and others are left behind with the higher costs, environmental and health problems that come from burning legacy fossil fuels, according to a new report…
Author Archive for Annabel Andrews
Hornsea 1 deal dominates European power transactions in Q3 2018
by Annabel Andrews • • Comments Off
Across Europe, renewables represented 76% of M&A deal value (US$8.1b) and underpinned a weaker-than-expected quarter, with an overall 78% decline in deal value in Europe to US$10.1b. This figure was largely due to the $5.9b sale of 50% of the Hornsea 1…
£6m Green Economy Fund winning projects announced – applications open for next round
by Annabel Andrews • • Comments Off
SP Energy Networks’ £20m Green Economy Fund today awarded funding to thirteen Scottish low-carbon transport and heating projects. The fund, established earlier this year by the electricity network operator, supports the green targets of the Scottish government to boost local…
UK’s renewable investment appeal dips amid Brexit fears, says EY
by Annabel Andrews • • Comments Off
The UK has slipped down one position to eighth in the latest EY Renewable energy country attractiveness index (RECAI), following a “marked slowdown” in clean energy investment ahead of the planned departure from the EU. EY cited concerns from many in the renewable…
RWE halts development at Tilbury
by Annabel Andrews • • Comments Off
RWE has decided to freeze the development of Tilbury Energy Centre, based on current market conditions and project costs. The company had been planning for a Combined Cycle Gas Turbine (CCGT) power station with capacity of up to 2.5GW, a…
EDF Energy to offer DSR income to business customers
by Annabel Andrews • • Comments Off
EDF Energy has paved the way for its business customers to access additional revenue streams traditionally associated with generators and large suppliers, after signing a deal with Upside Energy. Through the partnership, Upside Energy’s cloud-based platform will be used alongside EDF…
Moixa launches its biggest domestic battery at 4.8kWh
by Annabel Andrews • • 1 Comment
Moixa claims its new 4.8kWh smart household battery will turn homes into ”mini power stations” by managing solar panels, batteries and electric vehicles to minimise energy bills and take advantage of the growing number of time-of-use tariffs. Simon Daniel, the firm’s chief executive said:…
Blenheim Palace running entirely on renewable energy thanks to Good Energy
by Annabel Andrews • • Comments Off
Blenheim Palace has switched to 100% renewable power supplied by Good Energy, as part of an ongoing commitment to end its reliance on fossil fuels. Good Energy will meet all electricity demand to the palace, pleasure gardens,…
Argonaut Power and Connected Energy team up to offer funded behind-the-meter storage
by Annabel Andrews • • Comments Off
Flexible energy solution provider Argonaut Power has announced it will work with Connected Energy to offer fully funded energy storage solutions to commercial and industrial customers. E-STOR, the new energy storage systems manufactured and supplied by Connected Energy, will be fully funded and managed by Argonaut Power. E-STOR energy storage systems utilise second life Renault electric…
Consent granted for Eggborough CCGT
by Annabel Andrews • • Comments Off
The Secretary of State for Business, Energy and Industrial Strategy has granted development consent to Eggborough Power Limited (EPL) to develop a new gas fired power station on the site of its coal fired power station at Eggborough near Selby, North Yorkshire.…