Anesco has received approval from Brentwood Borough Council to develop a 50MW battery storage facility in Essex. The installation, on a 2Ha site adjacent to a 132kV substation, will comprise 28 battery container units and offer flexibility services to National…
News
Gridserve seeks feedback on Plymouth ‘electric forecourt’ proposal
by New Power • • Comments Off
Gridserve has set out plans for an ‘electric forecourt’ electric vehicle charging site near Plymouth that will host 32 rapid and high-power chargers, and asked for comment on the plans before they are submitted for development consent. The company promised…
New National Energy Planning Statements aim for faster offshore wind consenting, networks undergrounded in national parks
by New Power • • Comments Off
A new end-to-end process for how offshore wind is developed and connected, power lines undergrounded in areas of natural beauty and lower fugitive emissions from SF6 gases used in electricity networks are among the aims mentioned in BEIS’s review of…
Green Heat Network Fund moves funding to low-carbon options
by New Power • • Comments Off
The government has reiterated plans for a £270 million capital grant programme first announced in March 2020, which aims to stimulate the growth of low-carbon heat networks. The fund will open to public, private and third sector applicants in England,…
Shetland link: Ofgem consults on cost assessment, allows £1.4M to cover Brexit risk
by New Power • • Comments Off
Ofgem has proposed to allow SSEN £628.6 million to build a 600MW HVDC link between Shetland and Caithness, which would allow power to be exported from new wind farms in the island. That figure is £46.8 million lower than the…
Heat Networks Investment Project grant will increase Enfield heat network to 50k homes
by New Power • • Comments Off
The Heat Networks Investment Project (HNIP) has awarded £24 million of funding to Energetik to support two extensions to its community heat network in the London Borough of Enfield. This brings the total support provided by HNIP to just under…
Ecotricity claims first acceptances for its Good Energy share offer
by New Power • • Comments Off
With just over five weeks to go before closure of its attempt to acquire Good Energy, Ecotricity has so far received acceptances of its offer for shares representing approximately 1.8 per cent of Good Energy’s issued ordinary share capital, Ecotriicty…
Energy efficiency fund to raise £175M in new share offering
by New Power • • Comments Off
SDCL Energy Efficiency Income Trust has announced a share offering to raise £175 million, saying it has identified an extensive pipeline of investment opportunities with a value of over £600 million. Jonathan Maxwell, chief executive of SEEIT investment manager Sustainable…
EDF exits UK gas generation as it completes West Burton B disposal
by New Power • • Comments Off
Institutional investor EIG has completed its acquisition of EDF’s West Burton B power station in Nottinghamshire. The acquisition was announced in April and sees EDF dispose of its only UK gas-fired power station, and will see EIG become a UK…
Severn Trent and Octopus plan joint development for Midlands renewables projects
by New Power • • Comments Off
Water company Severn Trent and energy supplier Octopus Energy Group are joining forces to develop renewable energy projects across the Midlands using Severn Trent sites and other third-party locations throughout the region. The collaboration follows Severn Trent’s plans, announced in…