In the first week of the lockdown, a ‘collective’ of local energy enterprises mobilised £100,000 of Corona Crisis Funds to support those facing hardship in their communities. The community-owned enterprises were able to mobilise funds from by community-owned solar arrays quickly…
News
Aggreko offers gensets left idle by event cancellations for Covid-19 test stations
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Temporary power units that were earmarked for summer events like the Glastonbury festival have been offered ‘pro bono’ to power planned Covid-19 testing sites across the UK. But government would have to cover freight costs to move the units to…
Centrica cancels dividend, cuts operating costs, to navigate pandemic
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Centrica has cancelled a proposed 2019 final dividend payment of 3.5 pence per share as part of efforts to cut cash expenditure in the year by around £400 million, to provide flexibility to navigate the impacts of the pandemic. The company said…
Elexon acts on fears lack of access to read electricity meters could bog down settlements process
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Electricity industry body Elexon has agreed new flexibility measures in its processes, because suppliers who cannot get site access to read meters during the Coronavirus pandemic feared data errors could impede settlement of bills within the industry. Suppliers have to…
Alpha acquisition consolidates small onshore power projects
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Alpha Real Renewables has acquired operational wind and solar assets located across Wales and the North West. The transaction, with TLT as adviser, comprised a portfolio of mixed clean energy technologies from individual operators, including wind farms with private wire power purchase…
National Grid: depressed demand in summer due to Covid-19 a ‘challenge’ to system stability
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Low electricity demand in the summer could present a challenge to managing the electricity system, system operator NGESO said in its weekly Covid-19 briefing. The balance of supply and demand in the summer has been a growing problem over recent…
Adjustment to thousands of small power plants to raise stability suspended, but System Operator will call for action at key sites
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A site-by-site programme to upgrade small-scale power generating plant so it “rides through” disturbances has been suspended because it requires engineers to visit thousands of power sites. But National Grid is in discussion with BEIS, Ofgem and other major stakeholders over…
Brentwood is home to new 10MW battery facility
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Gore Street Energy Storage Fund’s new 10MW battery has gone into operation using Origami’s smart grid technology. The battery is in Brentwood, Essex. SSE Business Energy is the licensed supplier and power offtaker for the battery, which uses batteries supplied by Japanese…
E.On issues €750M green bond
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E.On has successfully issued a €750 million green bond with a tenor of 5.5 years. The comopany said that despite the significant market disruptions caused by Covid 19, it secured favourable interest terms: the bonds have a coupon of 1%. “The…
Ammonia under test as alternative fuel for gas engines
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Wärtsilä has begun combustion trials using ammonia fuel. The aim is to explore the potential to use ammonia instead. In the test, ammonia was first injected into a combustion research unit to investigate its properties. The tests will be continued…