Offshore wind was the major growth area in The Crown Estate’s Energy, Minerals & Infrastructure sector last year. Income across the estate as a whole totalled £441 million and profit £389 million, allowing it to return £343 million to the Treasury.…
News
New biomass-fuelled plant for Port Talbot area
by New Power • • Comments Off
A 40MW, £160 million, power plant fuelled with waste wood has gone into operation at Margam, near Port Talbit. The plant is owned by Glennmont Partners. The main contractor for the project, a consortium of Babcock & Wilcox Vølund and…
French delays leave GB users shut out of Terre platform benefits until 2020
by New Power • • Comments Off
GB power customers will not be able to benefit for another year from sharing reserves with the EU’s internal energy market, it has emerged. The delay means GB customers miss out on savings of up to €13 million. The IEM’s…
Offshore wind initiative aims to grow the industry’s annual exports to £2.6 billion
by New Power • • Comments Off
The Offshore Wind Industry Council (OWIC) has launched the Offshore Wind Growth Partnership (OWGP), a £100 million, 10-year programme to support the growth of UK businesses looking to capitalise on the huge opportunities offered by the growth in offshore wind around the world. The growth plan comes as part of…
Distribution networks offer six steps to smarter grid
by New Power • • Comments Off
Electricity distribution network operators (DNOs) have published “Our Six Steps for Delivering Flexibility Services”, outlining how local flexibility markets will work in practice. In the document, the networks have promised to: Champion a level playing field Ensure visibility and accessibility…
Irish government plans climate action
by New Power • • Comments Off
The Irish government has published an action plan on climate change designed to decarbonise the country within 12 years. By 2030 some 70% of power generation will be from renewable energy, more than double the current position. Key measures include a new…
Picking up the pieces for failed suppliers will hit customer bills, says Citizens Advice
by New Power • • Comments Off
UK energy customers are facing a potential bill of £172 million from the collapse of 11 suppliers since January 2018, says Citizens Advice. The charity says that was the total in unpaid industry bills left behind by failed suppliers –…
Citizens’ Assembly to explore net zero aims and options, in Select Committee initiative
by New Power • • Comments Off
Six select committees are to combine to hold a Citizens’ Assembly on combatting climate change and achieving the pathway to net zero carbon emissions. The Assembly will take place over a number of weekends in the autumn/winter of 2019 and…
Grants available to progress community energy projects
by New Power • • Comments Off
Community projects in England have been invited to apply for feasibility grants of up to £40,000 for green initiatives, including solar battery storage, wind, hydro and geothermal heat projects. Successful projects supported by the Rural Community Energy Fund will also be…
Ofgem warns suppliers to step up smart meter rollout as it admits 2020 deadline is not achievable
by New Power • • Comments Off
Not all customers will have a smart meter by the end of 2020, Ofgem has admitted. “It is clear that smart meters will need to continue to be installed beyond 2020,” the regulator said in an update on suppliers’ rollout…