Global risks are dominated by the environment and climate change, and by the connected world and Internet of Things, according to the World Economic Forum’s annual Global Risks Report, which also named inequality among the three major risks. The WEF…
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Mendip Green Party offers one-off payment for customers switching out of nuclear
by New Power • • Comments Off
Mendip Green Party is offering a one-off payment for customers switching from any supplier using nuclear energy to Ecotricity or Good Energy. It has promised £20 to customers who switch a single fuel and £40 for a dual-fuel switch. The…
Carbon Trust launches competition to reduce cable damage during offshore construction
by Annabel Andrews • • Comments Off
The Carbon Trust’s Offshore Wind Accelerator (OWA) has launched a new global innovation competition to find and fund the development of innovative solutions to a challenge facing the offshore wind farm industry today: how to monitor the condition of subsea…
European Commission gives €20.3m to Atlantis for tidal array project
by Annabel Andrews • • Comments Off
Tidal power company Atlantis has secured a €20.3m grant from the European Commission for its MeyGen Phase 1B project, which will be developed by the Demotide Consortium. Demotide will design, build and operate a 6MW turbine array, MeyGen Phase 1B, in…
National Grid prepares to manage 3-5GW of excess inflexible power in the summer of 2017
by New Power • • Comments Off
National Grid expects to have to manage excess generation of 3-5GW during the summer of 2017 and has announced plans to procure more so-called ‘footroom’ services to soak up the power overspill. Services will include a major expansion of ‘Demand…
Holyrood seeks views on management of Scottish Crown Estate
by Annabel Andrews • • Comments Off
The Scottish government has launched a 12-week consultation on the long term framework for the devolved management of the Crown Estate in Scotland. The devolution of the management and revenue of the Crown Estate in Scotland was recommended by the Smith…
FSB wants energy industry supply chain opened to small businesses as it reveals 12% are self-generators
by New Power • • Comments Off
Small businesses in the UK are concerned about energy security and believe the UK should be more self-sufficient, according to a new report from the Federation of Small Businesses (FSB). But they are optimistic about the role of renewable energy…
Challenger supplier Green Energy UK offers ‘time of day’ tariff
by New Power • • 2 Comments
Green Energy UK has launched a variable tariff for residential electricity customers, claiming it will give customers more control over their energy bills. The new tariff is called TIDE. Doug Stewart, Green Energy UK’s chief executive, said: “The introduction of…
Macquarie to buy half 573MW Race Bank wind farm from Dong
by Annabel Andrews • • Comments Off
Dong Energy has entered into an agreement to sell 50% of its 573MW UK offshore wind farm project at Race Bank to Macquarie Group – with equal interests. Race Bank is currently in advanced stages of construction and is…
Renewable heat industry welcomes reforms to RHI
by Annabel Andrews • • Comments Off
Changes announced to the reformed Renewable Heat Incentive (RHI) have been welcomed by the renewable heat industry. The government announced that solar heat would still be supported by the new scheme and support will increase for large and industrial biomass projects.…