BEUS wants to identify carbon capture and storage (CCUS) clusters by August that may be eligible for government support for deployment by the mid 2020s and allow for a final investment decision in the first half of 2022. It is…
News
‘Sandbox’ experiment on metering could enable housing developments to use cheaper ‘micro grids’
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A ‘Sandbox’ proposal to trial a new metering solution in. a live’ market environment is under consultation until 26 February. Emergent Energy is a renewable energy supplier that specialises in microgrids (residential private wire networks) in the social housing sector.…
Greencoat UK Wind seeks £198M to fund acquisitions
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Renewable infrastructure fund Greencoat UK Wind is seeking to raise up to £198M by issuing shares institutional investors at 131p per share. The fund invests in operating UK wind farms, with exposure to offshore limited to 40% of Gross Asset Value (currently 30%).…
‘Rare earths’ not so rare in South African mine site, miner reports
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Rainbow Rare Earths has reported positive results in sampling for neodymium and praseodymium at its Phalaborwa site in South Africa. The materials are among so-called ‘rare earths’ that are vital components of the permanent magnets used in wind turbines and other generatorsand there are…
Carbon emissions reserve price in new UKETS set at £22
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The government has set the reserve price for carbon emissions at £22 in the first auction in the new UK Emissions Trading Scheme. Auctioning will start no later than Q2 2021. The government said that reserve price would be fixed until “it is…
Covid restrictions delay Stoke on Trent’s geothermal heat scheme
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Covid-19 has delayed a project to use geothermal energy to provide district heating in Stoke-on-Trent, developer iGas said in a trading update. iGas took on the 14MW deep geothermal project in the Etruria Valley, Stoke-on-Trent when it acquired GT Energy last…
Wales sets independent Net Zero target, promises plan by COP26 – major carbon emitters targeted
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Wales is set to speed up carbon reduction in its economy and commit to an independent Net Zero target by 2050. Announcing new regulations and a legally binding target, Lesley Griffith AM, minister for environment, energy and rural affairs, said…
Cheaper vehicles or easier charging? Bright Blue and Policy Exchange offer proposals to speed up electric vehicle adoption
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Battery electric vehicle registrations surged in January, according to the Society of Motor Manufacturers and Traders (SMMT). There were 6240 BHEVs registered during the month, compared with 4054 in January 2020. In contrast – and also due to the effect…
Weir Minerals expects ‘tangible saving’ from selling foundry flex into response, capacity markets with GridBeyond
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Weir Minerals says that since December its foundry has been monetising 1MW of its energy flexibility by participating in the fast-acting Dynamic Firm Frequency Response (DFFR) scheme run by NGESO. The foundry has been using GridBeyond’s platform, Point, to enter the…
Arenko takes on ‘route to market’ role for Gore Street battery, says it has 100MW pipeline
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Asset management software provider Arenko has brought the total capacity under its control to 51MW of operational assets, after signing a contract with Gore Street Energy Storage Fund. It will provide a route to market for Gore Street’s operational 10MW energy…