Wessex Water has acquired auto-switch company Flipper. David Elliott, Wessex Water Group director of strategy and new markets, said: “Both Wessex Water and Flipper have the same vision to ensure customers are provided with excellent and affordable services. He added,…
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Foresight buys 35MW battery storage project from RES
by Annabel Andrews • • Comments Off
The infrastructure investor Foresight Group has acquired the Port of Tyne 35MW battery storage project from RES. The project at Port of Tyne was developed and will be constructed and operated by RES. Construction on the project will start immediately…
Centrica sells two CCGTs to EPH
by New Power • • Comments Off
Centrica is to sell two operating combined cycle gas turbine (CCGT) power stations, Langage and South Humber Bank, to EP UK Investments Ltd. The plants have a combined capacity of 2.3GW. The sale, which is subject to EU merger clearance and…
Rough storage reaches final closure
by New Power • • 1 Comment
Centrica has announced that the Rough offshore storage facility, the UK’s largest gas store, will not reopen. The site has reached the end of its life and in any case, its owner said, reopening the store would not be economic.…
Dong Energy opens applications for new offshore wind apprenticeships
by Annabel Andrews • • Comments Off
Dong Energy has partnered with the Grimsby Institute to offer new offshore wind turbine technician apprenticeships. The new three-year apprenticeships will include of one year of classroom-based learning at the Grimsby Institute, followed by two years working on-site with Dong…
Ofgem to go ahead with Triad benefit cuts, plans three-year phase-in
by New Power • • 1 Comment
Ofgem has confirmed its ‘minded to’ proposal to reduce the ‘embedded benefit’ small electricity generators receive for producing electricity at peak times. The regulator said the payment cost customers around £370 million last year. Ofgem has decided to accept an…
Three more interconnectors to benefit from guaranteed return
by New Power • • Comments Off
Ofgem is proposing that three more interconnectors benefit from its ‘cap and floor’ regime, under which consumers underwrite the project and profits are capped. The three projects, which together could add 4.2GW of new connection between GB and Europe, are…
Greencoat Renewables to raise €250M for Euro-zone wind and solar acquisitions
by New Power • • Comments Off
Greencoat Renewables has announced plans for a stock market listing and capital raising of €250 million. The company, which acquired two operating Irish onshore wind farms totaling 137MW in March, wants to acquire further operating Irish wind farms. Longer term,…
UK has ‘more than enough’ geological CO2 storage to tackle our emissions to 2050, says ETI
by Annabel Andrews • • Comments Off
Large-scale storage sites using shared infrastructure and existing low risk technologies would provide the lowest cost route to developing carbon capture and storage (CCS) in the UK, according to a new report from The Energy Technologies Institute (ETI). The report, called Taking…
Offshore Wind Innovation Exchange seeks new and disruptive ideas from SMEs outside the industry
by Annabel Andrews • • Comments Off
The Offshore Wind Innovation Exchange is seeking new and disruptive technologies to help it achieve the offshore wind industry achieve full potential. The scheme is particularly interested in ideas from SMEs and suppliers outside the offshore wind industry. OWIX has focused the…