SSE has taken a final investment decision to proceed with the 70MW Ferrybridge Multifuel 2 (FM2) project in Yorkshire. Construction is expected to begin this year. The project will be built next to the recently completed Multifuel 1 project, on…
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Barry Gardiner replaces Lisa Nandy as shadow energy secretary
by Annabel Andrews • • Comments Off
The shadow energy and climate change minister Barry Gardiner has been promoted to shadow secretary of state for energy and climate change, after Lisa Nandy resigned in protest at Jeremy Corbyn’s leadership. The shadow energy minister responsible for transmission and distribution, Alan Whitehead, also…
Video: Tidal turbine destined for commercial stream array revealed
by Annabel Andrews • • Comments Off
A new video shows the three month assembly of a tidal turbine in time-lapse footage. The Offshore Renewable Energy (ORE) Catapult, together with turbine developer Atlantis Resources, took the footage over three months as the 1.5MW AR1500 turbine was assembled prior…
CMA holds the lines on remedies: CfD transparency; new industry change regime; new roles for Ofgem
by New Power • • Comments Off
The Competition and Markets Authority has promised ‘over 30′ changes in the energy industry to improve competition in what it described as “the most comprehensive investigation into the energy market since privatisation”. The changes will be accomplished via a combination…
UK’s idle gas-fired plants could be sold to Africa
by New Power • • Comments Off
Mothballed UK gas turbines could be exported to Africa, Silvia Stefini, gas product line leader, Europe, for GE’s Power Services business, told New Power. Exporting second hand engines “gives some value to an asset they no longer use,” said Stefini.…
Good Energy raises over £3.1million in oversubscribed share offer
by Annabel Andrews • • Comments Off
Independent energy supplier Good Energy has raised £3.1million and reported a significant oversubscription in its latest share offer. The company said the majority of the 2,000 individual applications were from Good Energy customers. Shares cost £2.08 each, with a minimum application value…
Nestlé signs deal with Community Windpower to supply half its UK electricity
by Annabel Andrews • • Comments Off
A Community Windpower wind farm in the Scottish borders will power half Nestlé’s operations in the UK and Ireland when it is completed in 2017. This new deal, an initial 15 year partnership with Community Wind Power, will see a brand…
Decc opposes CMA remedies on nuclear CfD transparency, auction visibility
by New Power • • Comments Off
The Department of Energy and Climate Change (Decc) wants the Competition and Markets Authority (CMA) to rethink its proposed remedies in awarding Contracts for Difference for low carbon projects. Decc opposes the CMA remedies for both negotiated and auction-allocated CfDs.…
Ofgem happy with SSE’s commitments to boost competition in connections business
by Annabel Andrews • • Comments Off
Ofgem is satisfied that legally binding commitments from SSE following the regulator’s investigation into the company’s behaviour hampered competition in the market for connecting new developments to SSE’s electricity distribution networks. Ofgem’s investigation identified competition concerns relating to SSE’s behaviour in providing…
Second Norway-GB interconnector awarded licence
by New Power • • Comments Off
Ofgem has awarded NorthConnect an interconnector licence for a 650km link to transmit power between Scotland and Norway. The 1400MW High Volage DC (HVDC) connection already has planning permission for an HVDC convertor station near Peterhead. Applications for the cable…