Oil and gas joint venture Repsol Sinopec is to decommission two 5MW turbines at the Beatrice demonstration project in the Moray Firth, reports ReNews. The Beatrice demo was built in 2007 as a joint venture between SSE and Talisman. The turbines will…

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Enel has bought the Tynemouth battery storage project from Element Power. The construction-ready project is supported by a four-year EFR contract to provide grid balancing services to National Grid, with a price of around £12/MWh. Enel bought 100% of the shares in Tynemouth Energy…

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Dong Energy said it is now a “pure play renewables company” after signing an agreement to divest its upstream oil and gas business to INEOS. Dong agreed to divest the entire share capital of it’s upstream oil and gas business…

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Northern Powergrid has joined with Nissan to look at how electric vehicles, batteries and other technologies can support energy networks. Through its Intelligent Mobility blueprint, Nissan aims to demonstrate how electric vehicles like its LEAF car can work in tandem…

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Ratings agency Moody’s regards the new parent company of Cadent, which has acquired National Grid’s gas distribution networks, as “weak investment grade”, it said, announcing a ratings downgrade from A3 to Baa1 for Cadent. Moody’s noted the very low business…

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Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2019, according to new figures released by Ofgem. The latest information from the regulator showed that there are currently 51…

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A three-month trial conducted by Uber and the Energy Saving Trust (EST) has identified the issues holding back further penetration of electric vehicles into the capital’s fleet of private hire vehicles. The EST said these issues could be summed up…

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A preliminary feasibility study has concluded that offshore wind technology could be viable in several locations off Guernsey’s coast. The study, by Xodus Group, was  funded jointly by the States of Guernsey and Guernsey Electricity. It found that developing a…

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National Grid’s profits from its French interconnector fell 41 per cent from £123m in 2015 to £72m in 2016, the company said in its annual results announced today. The company said this was driven by lower power price differentials between the…

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Project Nexus, the gas settlement reform programme, is set to go live on 1 June after the Project Nexus Steering Group met today to make the final go/no go decision. Yesterday, Ofgem told the steering group it would not delay Project…

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