Toshiba, parent of the company planning to build a new nuclear plant at Moorside in Cumbria, has announced a $6.3 billion write-down for its US nuclear subsidiary Westinghouse. Reuters said that would “wipe out its shareholder equity and will drag…
News
Government to keep FiT support for larger AD plants – for now
by Annabel Andrews • • Comments Off
The government has stepped back from its proposal to cut the support for anaerobic digestion plants above 500kW. The government’s review of support for Anaerobic Digestion (AD) and micro-CHP originally suggested cutting the Feed in Tariff for AD plants sized 500kW-5MW to zero.…
Ovo acquires smart energy management company Vcharge
by New Power • • Comments Off
OVO has acquired US energy technology company Vcharge. The US company’s technology uses algorithms to balance grid requirements with individual user requirements. The first application of the pioneering technology controls electric storage heating in social housing to better manage resident…
Street lights converted to EV charging points
by New Power • • 1 Comment
Three street lights in London’s Royal Borough of Kensington and Chelsea have been converted into electric vehicle (EV) charge points in the start of a trial with UK Power Networks and Ubitricity. The installation allows two local residents to charge…
Utilities join to build infrastructure workforce and skills
by New Power • • Comments Off
The energy and utilities sector requires 221,000 new recruits by 2027, in order to provide the essential services its customers seek and the infrastructure the UK needs for its economic growth. Industry leaders have come together, as the Energy &…
Supergen research programme to launch three new hubs
by Annabel Andrews • • Comments Off
The EPSRC and Research Councils UK have issued an invitation for proposals designed to launch the next phase of the Supergen Programme. This is the first of a two-stage process designed to launch the next phase of the Supergen Programme.…
Minesto plans to scale up Holyhead Deep tidal array to 80MW
by Annabel Andrews • • Comments Off
Marine energy developer Minesto announced plans to increase the installed capacity of its proposed tidal array in North Wales to 80MW, rather than the originally proposed 10MW. The company submitted a scoping report to UK consenting authorities Marine Management Organisation…
C.Gen to seek Capacity Market contract for new CCGT
by New Power • • Comments Off
C.Gen Killingholme has set its marker down for the next Capacity Market auction, in December 2017, saying it plans to enter its consented 470MW North Killingholme power station. The combined cycle gas turbine (CCGT), near Immingham in North Lincolnshire, was…
Drax acquires Opus – expects to lower imbalance and trading costs
by New Power • • Comments Off
Drax shareholders have approved plans to acquire business energy supplier Opus Energy with 83% voting in favour. The £340 million acquisition will now be completed tomorrow (10 February). Drax’s board said Opus will enhance Drax’s retail offering “by combining the…
E.On plans fast-charging electric vehicle network across Europe
by New Power • • Comments Off
E.On has announced plans for a partnership with Danish e-Mobility service provider Clever to roll out ultra-fast charging stations for electric vehicles (EVs) along European motorways. The partners want to install several hundred charging locations across Europe, placed every 120-180km…