ITM Power chief executive Graham Cooley spoke to Janet Wood about using the gas and transport fuel networks to help balance the power system This interview originally appeared in the March issue of New Power. Click here to find out how…
Author Archive for Annabel Andrews
Attractiveness of UK renewables investment ‘on a landslide’, says EY report
by Annabel Andrews • • Comments Off
The UK’s attractiveness as a destination for renewable energy investment has reached an all-time low and investment in new projects is expected to decrease drastically from 2017, according to Ernst and Young’s Renewable Energy Country Attractiveness Index, published today. The report’s authors say the…
Centrica to raise £700 million in share issue
by Annabel Andrews • • Comments Off
Centrica announced today that it will raise £700 million by issuing around 350 million additional shares, a move that ratings agency Moody’s described as “a credit positive step”. The issue represents around 7 per cent of the company’s share capital. Centrica will place the shares…
“Local markets are the future”, says Open Utility after peer-to-peer energy trial
by Annabel Andrews • • Comments Off
Tech company Open Utility have finished a six‐month trial of an online peer‐to‐peer marketplace for renewable energy, which allowed consumers and generators to buy and sell renewable energy directly. The trial was a collaboration between energy startup Open Utility and…
European Commission consults on post-2020 bioenergy policy
by Annabel Andrews • • Comments Off
A consultation on an updated EU policy on sustainable bioenergy for the period 2020-2030 closes next week on 10 May. The European Commission is asking energy market participants and other stakeholders to respond to an online survey. The Commission said it was…
Ofgem’s decisions should be transparent and open to appeal, MPs urge government
by Annabel Andrews • • Comments Off
The governments draft legislation on energy should be amended to ensure decisions the regulator makes are transparent and open to appeal, the cross-party Energy and Climate Change Committee has recommended in a report published today. The committee has been scrutinising the Government’s…
Sustainable Marine Energy raises £4.5m investment for tidal array in Orkney
by Annabel Andrews • • Comments Off
Sustainable Marine Energy (SME) has moved its operational base to Orkney and will be connecting its first system to the grid at the European Marine Energy Centre (EMEC) over the coming months. This deployment will then be followed by a larger 240kW…
ScottishPower Renewables orders 102 Siemens turbines for offshore wind plant
by Annabel Andrews • • Comments Off
Siemens is to supply, install and commission 102 wind turbines, each with a capacity of seven megawatts and a rotor diameter of 154 meters, for the East Anglia ONE project. The company will also be responsible for servicing…
MPs and Friends of the Earth urge government to accept recommended Fifth Carbon Budget
by Annabel Andrews • • Comments Off
The fifth carbon budget should be set at 1,765 million metric tons of carbon dioxide equivalent (MtCO2e), the Energy and Climate Change Committee has told the government. In November 2015, the Committee on Climate Change (CCC) published its advice on the…
RWE to reduce operating hours at Aberthaw coal-fired power station
by Annabel Andrews • • Comments Off
RWE has changed its operating regime at Aberthaw and from April next year will focus on providing capacity only when needed. It will also install technology to allow Aberthaw’s three 500MW units to expand the range of coal they can…