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…
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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.…
Climate change and the connected world top global risks in 2017
by New Power • • Comments Off
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…
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…