The UK’s exit from the EU has shut the GB electricity market out of sharing arrangements for backup power that the UK’s system operator estimates would cut GB balancing costs by €17M (£15.4M) a year. Now NGESO is seeking industry…

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Anesco and Gresham House are embarking on a £100M solar rollout that is expected to see 200MW of ground-mounted projects installed over the next three years. Asset manager Gresham House will fund the portfolio, which will comprise sites ranging in size…

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Gulf Oil International has moved into the e-mobility sector, investing alongside UK venture capital fund, the Clean Growth Fund, in smart EV company Indra. The two will inject £6million of investment into Worcestershire-based Indra, which manufactures a range of smart…

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CSE, Power to change and Cooperatives UK want to stop community energy groups ‘reinventing the wheel’ and are recruiting up to ten mentors to help groups. The aim is to speed up the learning process, create successful and replicable projects,…

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A wider range of investors are taking a stake in the battery storage industry, signalling a lower cost to finance, according to new figures from Mercom that also showed a hike in overall investments. Mercom found that total corporate funding…

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Generators connected to the electricity network are urged to claim thousands of pounds in funding before Apil this year to help them carry out necessary work to boost network resilience. As well as being paid to make the change, a ‘fast…

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Ørsted has taken the final investment decision on the H2RES demonstration project at Avedøre Holme in Copenhagen, Denmark, which will combine offshore wind with hydrogen production. The H2RES project will investigate how to best combine an electrolyser with the fluctuating…

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Amp X is set to trial an autonomous digital energy assistant in 50 Living Lab homes run by Energy Systems Catapult, aiming to help households to reduce the cost and carbon intensity of their energy and ultimately lead to peer-to-peer trading. The ‘behind-the-meter’ technology…

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Flexitricity and ev.energy have joined forces to use the flexibility of electric vehicle charging to register to help in short term management of the power system. The companies will use ev.energy’s smart EV charging platform,  which can harness over 10,000 electric vehicles,…

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Greencoat Renewables has acquired two planned Irish windfarms from Statkraft Ireland under a forward sale model for a combined value of €123 million. The deal comprises Cloghan (37.8MW) in County Offaly, and Taghart (25.2MW) in County Cavan. Statkraft Ireland will…

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