The Offshore Wind Innovation Hub has launched its first programme, the Offshore Wind Innovation Exchange (OWIX). It aims to accelerate cost reduction in offshore wind by matching industry challenges with innovative solutions adapted from other sectors of the economy. This…
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Cost of offshore wind falls 32% in five years
by Annabel Andrews • • Comments Off
The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK Government and industry target of £100 per megawatt hour (MWh) four years ahead of schedule, according to a new report…
British Gas Business pays out £9.5 million after new billing system hits customer service
by New Power • • Comments Off
British Gas Business is to pay £9.5 million in redress for failings in its registrations, complaints handling and billing processes for its 400,000 business customers. It will make direct payments to affected micro-business customers, and payments to the charity the…
Anesco and Green Hedge Energy team up to deliver four battery ‘barns’
by New Power • • Comments Off
Energy efficiency specialist Anesco has joined forces with low carbon energy generation and storage company, Green Hedge Energy UK, to introduce Green Hedge’s ‘Energy Barns’ at four sites in England. Using lithium-ion batteries the barns will store energy then release…
Moixa chief: Domestic energy storage could be next asset class
by Annabel Andrews • • Comments Off
Moixa chief executive Simon Daniel says the UK is ready for a large-scale roll out of domestic battery storage across the UK. He wants to deploy 1GW of aggregated capacity, via the company’s GridShare platform, by 2020. He says the UK…
Energy accelerator funding and support up for grabs
by Annabel Andrews • • Comments Off
The Ignite ‘Big Energy Idea’ Accelerator Programme has opened for 2017 applications from businesses and entrepreneurs working in the energy sector this week. Successful applicants will receive a package of pre-investment support, including specialist knowledge from experts, and the opportunity…
ETI to prioritise tidal stream technology over other marine renewables
by Annabel Andrews • • Comments Off
The UK marine industry should focus on tidal stream technology rather than tidal lagoon or wave energy in order to compete with other low carbon sources of energy, according to the Energy Technologies Institute (ETI). The government also needs to…
Private investors buy Green Deal home improvement scheme
by Annabel Andrews • • Comments Off
Greenstone Finance and Aurium Capital Markets have today bought the business and assets of the Green Deal Finance Company (GDFC), the body set up to manage the government’s home energy efficiency scheme. The deal included the transfer of the GDFC’s existing…
Falck Renewables chief: ‘there has never been a better time’ to acquire UK onshore wind projects in the UK
by New Power • • Comments Off
The UK is set for acquisitions in its pipeline of onshore wind farm projects, despite uncertainty over Brexit and the government’s lack of support for the technology. That’s the view of Falck Renewables chief executive Toni Volpe. He told New…
System Operator to have legal separation, specific licence, new incentive scheme
by New Power • • Comments Off
National Grid’s System Operator (SO) role should be clearly separated from its other activities over the next two years and become a legally separated entity, with its own licence and a different incentive framework, by 2019, according to new proposals.…