Zeigo’s renewable energy procurement online platform has for the first time executed a power purchase agreement (PPA). It has secured a PPA with a major UK energy supplier for two solar farms in Devon that belong to UK investment fund…
News
Vehicle manufacturers: UK must build a battery industry by 2027 to compete in EV market
by New Power • • Comments Off
“Investment in UK’s electrified supply chain, including accelerated large-scale battery production, is now crucial for sector’s long-term competitiveness and success,” according to SMMT, the lobby group for auto manufacturers and traders. It warned that the UK must grow its battery manufacturing…
Call for London local energy projects to access £6M funding – ACT NOW register for briefing by 8 January
by New Power • • Comments Off
London local energy projects can tap into £6 million of funding from the Local Energy Accelerator (LEA). Interested parties can register by 8 January for a Q&A session on 11 January to find out more. LEA will deliver £6 million…
Ecotricity signs ten-year agreement to take power from Cornish geothermal plant
by New Power • • Comments Off
Ecotricity has agreed a 10-year Power Purchase Agreement (PPA) for power generated at the United Downs geothermal site. Geothermal Engineering’s deep geothermal plant is expected to go into operation in 2022. It won £6.5 million funding from renewable energy investment company…
SSEN calls on business customers to earn money by flexing usage – register interest by 31 January
by New Power • • Comments Off
Scottish and Southern Electricity Networks (SSEN) wants business customers to register an interest by the end of January in providing flexibility to the energy system over the next eight years. It says owners of low-carbon technologies, generators and solutions that…
Orsted wins consent for Hornsea Three offshore wind farm, overriding bird life concerns
by New Power • • Comments Off
The Secretary of State has granted development consent to Orsted’s Hornsea Three offshore wind farm. A report from the planning inspectorate was initially passed to BEIS in July 2019 but the statutory date by which a decision was required was…
Six industrial zones share £8M funding to develop plans to reach Net Zero by 2040
by New Power • • Comments Off
Six industrial zones across the UK will share £8 million in government funding to produce detailed plans for reducing emissions across major areas of industrial activity. The Industrial Clusters Mission aims to deliver four low-carbon regional zones by 2030 and…
Carland Cross export marks Scottish Power entry into battery storage
by New Power • • Comments Off
Energy has been exported from a commercial 1MW battery energy storage system connected to Carland Cross windfarm in Cornwall. For ScottishPower Renewables, and its Spanish parent Iberdrola, this is the first in a pipeline of almost 1GW of battery storage…
A big binary decision on hydrogen is not the approach we need
by Tim McManan-Smith • • Comments Off
Ofgem suspends policy development on power trading liquidity
by New Power • • Comments Off
Ofgem has suspended new policy development on improving liquidity in traded power markets. The regulator says that market monitoring since measures to improve liquidity were removed has revealed little or no loss of either ‘churn’ (the number of times power…