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…
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C.Gen to seek Capacity Market contract for new CCGT
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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
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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
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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…
Ofgem invites innovators to experiment in ‘regulatory sandbox’
by Annabel Andrews • • Comments Off
Ofgem has invited expressions of interest for a regulatory sandbox, which will allow innovators to trial business propositions without incurring all of the usual regulatory requirements. In an open letter, Pamela Taylor, who heads up the regulator’s Innovation Link service, said: “We…
Wind generators to queue until October 2018 for Feed in Tariffs
by Annabel Andrews • • Comments Off
Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2018, according to new figures released today. The latest information from Ofgem showed that there are currently 52 generators applying for…
Ofgem announces price caps for pre-payment customers
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Ofgem has published gas and electricity price caps for customers using pre-payment meters. The caps apply to electricity and gas and vary between regions (because network charges vary) and between types of meter (eg for those on Economy 7 tariffs).…
Electric vehicles: ‘perfect storm’ could see consumer boom
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Government projections that there will be two million electric cars on the road by 2020 are understated, says Tim Payne, chief executive of new fast-charging company InstaVolt. In a New Power interview Payne says there is a ‘perfect storm’ of…
Dong Energy to phase out coal by 2023
by Annabel Andrews • • Comments Off
Dong Energy has announced it will convert all its remaining coal-fired power stations to biomass by 2023. “We’ve decided to take the final step and phase out the use of coal at all our power stations. The future belongs to…
BayWa r.e. sells three solar farms
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BayWa r.e. has sold three British solar farms to Allianz Renewable Energy Fund II managed by Allianz Global Investors. Combined, the three solar farms have a total output of around 100MWp. BayWa r.e. has now sold all of the solar…