Three quarters of UK firms are open to providing demand-side response (DSR), according to an annual survey of 180 public and private sector organisations by The Energyst. The majority (66%) of those surveyed in Demand Side Response: Shifting the Balance…
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GFG announces plans for wind farm dedicated to supply industrial businesses
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The GFG Alliance has announced plans for a 178MW wind farm to be developed by related company Simec Energy. The 54-turbine £170 million investment at Glenshero in the Highlands will provide power for industrial schemes such as the GFG Alliance’s…
Logistics group Stobart will seek refunds from delayed biomass plant
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Stobart Group will be seeking to recover costs from delayed biomass-fuelled power plants that have required less fuel than expected, it said in a trading update. The logistics group said it had developed a renewable energy fuel supply chain to…
Electricity networks under fire over ‘excess profits’
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The UK’s large electricity networks return a third of their revenue as profit, claims the Energy and Climate Intelligence Unit (ECIU), and cumulatively at least half – over £5 billion – has been paid in dividends to the companies’ overseas…
Dutch funding drives mass PV installation on UK social housing
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Maas Capital (part of the ABN AMRO Bank) is to invest £160 million to fund the installation of solar panels from Solarplicity on affordable housing in England and Wales. Solarplicity will partner with social housing providers to install panels on…
Battery to add stability to Burbo Bank offshore wind farm
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Dong Energy is to install a 2MW battery at its Burbo Bank offshore windfarm near Liverpool.The battery will be supplied by ABB. The 90 MW Burbo Bank offshore wind farm has been in operation since 2007. The battery will help…
Geothermal heating project planned for Kilmarnock development
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The Scottish Government is to provide £1.8 million from the Low Carbon Infrastructure Transition Programme to fund a new geothermal heating system for new homes at the former Johnnie Walker bottling plant in Kilmarnock. The homes are part of a three-phase…
SSE issues €600M green bond to refinance onshore wind
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SSE has issued a €600 million green bond to refinance its portfolio of recently constructed or under construction onshore wind farms. The company said there was “significant demand” for the eight-year, 0.875% bond, which it said made it possible to price…
Energy Saving Trust wins contract to distribute energy companies’ redress payments
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In the past five years energy companies have made £191 million in voluntary redress payments when they broke rules, in addition to direct payments made to customers. Now Ofgem has appointed the Energy Saving Trust (EST) to manage the allocation…
Evenergi wins first ‘lite’ licence with Corona
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Ofgem has granted its first ‘Licence Lite’ approval, to Evenergi. The ‘lite’ licence is intended to help new suppliers enter the electricity supply market. It allows the new entrant to partner with an existing licensed supplier – who assumes responsibility…