The European Commission has approved unconditionally the acquisition of LM Wind Power of Denmark, by General Electric Company of the US. The Commission concluded that the merged entity would continue to face effective competition in Europe. General Electric produces onshore and…
News
Neart na Gaoithe retains CfD after arbitration ruling
by New Power • • Comments Off
A Contract for Difference for the 450MW Neart na Gaoithe (NnG) ofshore wind farm remains in place, owner Mainstream Renewable Power has said. The CfD counterparty, the Low carbon Contracts Company (LCCC) and NnG had submitted a dispute relating to…
BEIS Committee to investigate electric vehicle market
by Annabel Andrews • • Comments Off
The Business, Energy and Industrial Strategy (BEIS) Committee is to look at the role of electric vehicles in the transition to a low carbon economy and as part of the government’s recently published industrial strategy. In a new short inquiry, the…
Low carbon policies have reduced emissions without increasing household energy bills, says Committee on Climate Change
by Annabel Andrews • • Comments Off
The cost of action to tackle climate change and improve energy efficiency has been offset by reductions in household energy bills since the Climate Change Act was passed, according to new analysis by the Committee on Climate Change (CCC). While…
Isles of Scilly project to test use of EV and home batteries in smart grids
by Annabel Andrews • • Comments Off
A £10.8m project on the Isles of Scilly is to test the role of electric vehicles and home batteries in a low-carbon smart grid. The smart battery company Moixa will develop platforms allowing electric vehicles and smart home batteries to be…
Vattenfall signs 1000-battery deal with BMW
by New Power • • 1 Comment
Vattenfall and the BMW Group have signed a contract for the delivery of up to 1,000 lithium-ion batteries this year, each of which can store 33kWh. The largest installation – pending on a final investment decision – will be at…
Ofto bidding opens for Galloper and Walney Extension
by New Power • • Comments Off
Bidding has opened to own and operate the links connecting two offshore wind farms to the onshore network. The links to be tendered are for Galloper off the east coast of England and Walney Extension in the Irish Sea. Ofgem,…
ADE launches district heating task force
by Annabel Andrews • • 1 Comment
The Association for Decentralised Energy (ADE) has launched a task force on district heating, aiming to deliver a subsidy-free heat network market with strong protections for consumers. The task force, which will represent a range of stakeholders, will provide recommendations…
Blackout Britain? ECIU says customers are paying millions to fix a problem that does not exist
by New Power • • Comments Off
The electricity supply market is working more efficiently, with demand-side balancing proving cheap and effective, and unjustified fears over supply/demand margins have led to customers’ money being spent unnecessarily. That was the conclusion of a report published today by the…
REACTION: energy industry responds to budget
by Annabel Andrews • • Comments Off
Paul Taylor, chief executive of FCC Environment: “While it is encouraging to see the Government pledge its ongoing support for UK infrastructure projects, we feel that a major opportunity has been missed to set out plans to maximise the resource productivity…