News

Innovate UK funding aims for lower-loss cables

Eland Cables, Enertechnos, Brunel University and The Welding Institute have combined in a project to reduce cable losses. The project is supported by a £1 million Innovate UK grant. The new ‘long linear capacitor’ cable technology is dubbed the Capacitive Transfer System…

New CCGT planned for Ferrybridge

SSE has announced plans for a new CCGT at the Ferrybridge site in Yorkshire. The new plant will be known as Ferrybridge ‘D’  and will have a generating capacity of up to 2,000MW. SSE owned and operated the coal-fired Ferrybridge ‘C’ power…

E.On confirms sale of Uniper stake to Fortum

E.On has confirmed it will sell its 46.65% stake in spin-off Uniper to Fortum for €22 per share. The  voluntary takeover offer was made on 7 November. When Uniper was spun off from E.On in 2016. 53.35 percent of Uniper stock…

Toshiba sells Westinghouse nuclear plant unit to Brookfield

Toshiba has sold Westinghouse Electric Company, the nuclear company whose plant design is intended for construction in Moorside, Cumbria, to Canadian asset manager Brookfield for $4.6 billion. Westinghouse’s US reactor company is currently in bankruptcy protection after it was hit…