The government is facing legal action over its energy planning regime amid claims that current National Planning Statements for energy are no longer lawful now that the government has set a ‘Net Zero’ emissions target. In a ‘letter before action’…
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Future Energy Scenarios: National Grid says Net Zero depends on major societal change
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National Grid ESO has made a fundamental change to its annual Future Energy Scenarios, for the first time assuming the UK will reach its legally-binding Net Zero target (in most scenarios). Instead of setting out scenarios for varying levels and…
Storage fund raises £31.2M in share offering as it seeks to double capacity by year-end
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Gresham House Energy Storage Fund has raised £31.2 million gross in a new share offering. It said the offering, at 104 pence per share, was oversubscribed. The fund currently has energy storage projects totalling 174MW. Now it wants to acquire a “significant…
Onshore wind in, biomass conversion out, as BEIS consults on CfD changes
by New Power • • 2 Comments
Onshore wind and grid-scale PV is needed to meet the UK’s ‘Net Zero’ target and should be supported in the Contracts for Difference allocation, government has conceded. In a new consultation on changes to the scheme BEIS said “There is…
Onshore wind and solar set for revival: the industry responds
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In the past New Power Report has often joined the renewables industry, and a huge number of wider commentators, in arguing that the government’s effective ban on onshore wind is misguided. Most recently, in the March isue of New Power…
Expect failures in corporate PPAs, says solar investor
by Annabel Andrews • • Comments Off
The opportunity to sell power direct via corporate power purchase agreements has sparked interest but one investor has warned many will fail to proceed. This is an extract of an interview with Mike Bonte-Friedheim, founding partner and group chief executive of…
Code launched for domestic EV charge point installers
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A new code of best practice has been launched for domestic charge point installers. The new code is based on the Renewable Energy Consumer Code for small-scale renewable technologies and it aims to reduce mis-selling and drive up installation quality The…
Net Zero Teesside announces delivery consortium, local partners
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BP, Eni, Equinor, Shell and Total have formed a consortium with BP as operator to accelerate the development of the Net Zero Teesside project, previously known as the Clean Gas Project. The groups will work with government and local stakeholders,…
Drax expects to end coal burn in March 2021
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Drax has announced that it expects to halt use of its last two coal-fired units in March 2021, although the two units will remain available until September the following year to honour the company’s Capacity Market agreements. The decision, which Drax…
DNO flexibility markets still “too small a market size”, says Limejump CEO
by Annabel Andrews • • Comments Off
Erik Nygard, CEO and co-founder of energy aggregator and trader Limejump, has said the DNO flexibility market is too small for companies like his to focus on. Limejump “dabbles a little bit in DNO fexibility projects”, Nygaard said. But it’s…