News

Tokyo Electric Power takes £500,000 stake in Moixa

Japanese utility Tokyo Electric Power has announced a £500,000 equity investment in Moixa Energy Holdings, the UK residential battery company. “We are excited to welcome Moixa to our modest, but growing portfolio of innovative startups,” said Hirokazu Yamaguchi, executive general…

Engie exits Moorside nuclear project

Engie has announced it is withdrawing from NuGen, the company that plans to build three Westinghouse AP1000 reactors at Moorside in West Cumbria. It said NuGen is “facing some significant challenges” and as a result Engie would exercise its rights…

Step forward for new nuclear at Wylfa

Horizon Nuclear Power has applied to the Office for Nuclear Regulation (ONR) for a nuclear site licence for its planned Wylfa Newydd power station. The site licence is a key stage in Horizon’s plan to build and operate two ABWR…

Work starts on CCGT at King’s Lynn

Siemens is to start work at Centrica’s mothballed King’s Lynn power station in Norfolk, where it will install a new gas turbine and carry out major refurbishment . Centrica confirmed the investment into the 370MW combined cycle gas turbine (CCGT) in…

Competitive water market opens

Business customers should be able to switch and choose a supplier for their water from today. Eligible businesses, charities and public sector companies can choose to have one retailer for their water supply and another for wastewater services, or one…