Some 70% of UK households would be better off if energy policy costs were removed from gas and electricity bills and applied according to household income, according to research published today by the UK Energy Research Centre. In ‘Funding a Low…
Author Archive for Annabel Andrews
European power mergers hold steady in 2017
by Annabel Andrews • • Comments Off
Mergers and acquisitions in the European power and utilities sector fell 1% between 2016 and 2017, as pool prices and electricity demand stayed low, according to the EY report Power transactions and trends: 2017 review and 2018 outlook. European deal value…
Over 100 global cities use at least 70% renewable energy
by Annabel Andrews • • Comments Off
Over 100 cities get at least 70% of their electricity is from renewables, according to a new report from environmental non-profit CDP. CDP holds information from over 570 of the world’s cities and names over 100 now getting at least 70% of…
Offshore wind in 2050: robotic inspections, 200m blades and multiple rotors
by Annabel Andrews • • 1 Comment
Offshore wind could meet a third of the UK’s electricity demand within 12 years due to pioneering designs and mature storage technology, according to predictions published today by the Offshore Renewable Energy (ORE) Catapult. Based on the Catapult’s current research and…
Hyperdrive and Nissan complete £19m High Energy Density Battery project
by Annabel Andrews • • Comments Off
Nissan and Hyperdrive Innovation, the Sunderland-based developer and manufacturer of lithium-ion battery technology, have completed the government-backed High Energy Density Battery (HEDB) project. The HEDB project was funded through The Advanced Propulsion Centre (APC), a joint Government and automotive industry initiative to…
John Laing offers £30m share issue to fund biomass and AD expansion
by Annabel Andrews • • Comments Off
John Laing Environmental Assets Group Limited has proposed a £30m share issue to finance a pipeline of biomass and anaerobic digestion projects. The company said the proceeds of the share issuance will be used to repay amounts drawn down to…
Murphy buys Carillion’s UK power business
by Annabel Andrews • • Comments Off
J Murphy & Sons has acquired Carillion’s UK power framework business for an undisclosed sum. The agreement means Murphy has taken over Carillion’s contracts on National Grid’s electricity overhead lines, substation and underground cable frameworks. These three frameworks will deliver essential…
Bring industrial energy prices down by helping mature renewables, says Aldersgate Group
by Annabel Andrews • • Comments Off
The UK government should improve investment conditions in low-cost renewable energy technologies such as onshore wind to support competitive industrial electricity prices, according to a new report from the Aldersgate Group. Industrial energy prices in the UK are higher than in…
DSR aggregator Endeco changes its name to Gridbeyond
by Annabel Andrews • • Comments Off
Energy services company Endeco Technologies is changing its name to Gridbeyond. “Our business has fundamentally transformed over the last few years, growing from start-up to scale-up,” commented Michael Phelan, the firm’s chief executive. “Since April 2016, our team has more than doubled in size, the…
Share your views on what the Open Networks Project should do in 2018
by Annabel Andrews • • Comments Off
The ENA’s Open Networks Project wants to hear views from stakeholders on its on its 2018 workplan. The project’s work in 2018 will be focusing on early implementation of distribution system operators (DSO) functionality, Whole System investment process improvements, and analysis…