Co-op Power has partnered with Zeigo to tender 100GWh per annum for a ‘Co-operative’ power purchase agreement (PPA) . In the new agreement, the Co-op group now buys energy directly from seven onshore wind and solar PV projects under long…
News
Energy Entrepeneurs Fund to make £30M in grants to 58 companies
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The government has awarded more funding than planned in the latest round of its Energy Entrepreneurs Fund. It has added £19 million to the £11 million planning for this round, awarding grants totalling £30 million to 58 small and medium-sized…
ACT NOW: NGESO wants feedback from distributed generators on new distributed ‘black start’ opportunity
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The Electricity System Operator (NGESO) wants to hear from companies with distributed energy resources as it prepares to implement a new ‘Electricity System Restoration Standard’ (ESRS). It wants responses by 17 December. The ESRS is the ‘black start’ response that…
Scottish Power EV charger customers offered AA backup
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ScottishPower has taken a novel approach to giving people with ‘range anxiety’ confidence to switch to a zero-emissions vehicle by joining forces with breakdown service company AA. Anyone who purchases an electric vehicle home charger with ScottishPower can register for…
New funding for mobile hydrogen storage supplier
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Lancaster-based NanoSUN, which supplies mobile hydrogen storage and refuelling systems, has won £12 million in new funding. The biggest funder was a £9.05 million private equity injection from HydrogenOne Capital Growth plc, with other new investors including Germany’s Westfalen Group.…
Remaining suppliers hit by £205M bill to cover Renewables Obligation gap
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Renewables Obligation (RO) payments have fallen short by £204,786,037.53 in England and Wales and by £13,514,114.20 in Scotland, Ofgem says. There was no shortfall in the Northern Ireland scheme. The shortfall has triggered ‘mutualisation’ and suppliers who met their RO…
Gas networks provide funding for Fuel Bank Foundation’s emergency energy support for consumers
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Four gas distribution networks – Cadent, Northern Gas Networks, SGN and Wales & West Utilities – are to jointly provide £500,000 fund to the Fuel Bank Foundation over over two years to support households affected by the fuel crisis. The…
Consent for Swansea Lagoon lapses as it fails to meet requirement to start work within five years
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The developer of the Swansea Bay Tidal Lagoon has failed to convince the High Court that it has ‘commenced development’ on the project, a judgement which means that the project’s development consent will lapse. Development consent requires the project to…
UK Infrastructure Bank’s first investment is £250M in unsubsidised solar PV
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A solar infrastructure fund with NextEnergy Capital is the first private sector transaction made by the UK Infrastructure Bank. At £500 million, the private 10-year solar infrastructure fund, NextPower UK ESG, will be the largest subsidy-free solar investment fund in…
NGET and SPT to return £158M to customers after Western Link delays
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£143 million will be returned to customers via reduced transmission network charges in their bills, and £15 milion will be paid into Ofgem’s redress fund, after network owners Scottish Power and National Grid accepted responsibility for late delivery of the…