News

Capacity Market auction targets slimmed

Targets for capacity to be procured in the upcoming Capacity Market auctions have fallen slightly. Capacity to be procured for next winter (in the T-1 auction) has been cut by 1.1GW to 4.9GW. Capacity in the T-4 auction has been…

Gedling Solar Farm generates local honey

Foresight Group’s 6MW Gedling Solar Farm in Nottinghamshire has produced honey from hives situated on the farm, managed and collected by The Friends of Gedling Country Park. With a grant provided by Foresight, six beehives were purchased and occupied with…

Upside Energy wins investment for cloud-based flex platform

Legal & General Capital and Systemiq have announced an investment in Upside Energy, a Manchester-based company that has developed a cloud platform that uses advanced algorithms and artificial intelligence to co-ordinate connected devices to deliver flexibility services to the energy system.…

Shell to acquire First Utility

Shell is to buy 100% of First Utility, subject to regulatory and other approvals. The deal is expected to complete in early 2018. Shell said its  energy supply, trading and marketing expertise, combined with First Utility’s experience, will enable First…