National Grid ESO is inviting companies with small-scale power assets to join a trial where they participate directly in the Balancing Mechanism (BM). The system operator plans to reduce the cost of balancing supply and demand in future by taking…
News
London Stadium ready take forward plans for PV roof
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A £3 million contract is up for grabs to install a solar PV membrane on the roof of the London Stadium, in London’s Queen Elizabeth Olympic Park. The solar generation plan at the 66,000 seat stadium, now home to West…
Good Energy acquires solar installer Wessex EcoEnergy
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Good Energy Group has acquired solar, battery and electric vehicle charger installation company Wessex EcoEnergy for an initial consideration of £2.5 million. Good Energy said it had established itself as a solar installer since acquiring Igloo Works in December 2022…
Gridserve Ferrybridge EV charging hub uses microgrid to beat connection delays
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Gridserve has opened a new Electric Super Hub electric vehicle (EV) charging site at Moto Ferrybridge powered by an interim microgrid solution that uses second-life batteries, in conjunction with vegetable oil generators. The company said microgrid is a temporary solution…
Network Rail hit by rising interest rates as cost of PV project is hiked by 49%
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Rising interest rates have hiked the cost of a new renewable energy supply for Network Rail by nearly 50%. In 28 July 2022 Network Rail awarded a corporate power purchase agreement (CPPA) to EDF, under which the energy company would…
Dwr Cymru/Welsh Water looks to new power hedging strategy with private wire and corporate PPAs, plans to convert biogas to hydrogen
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Welsh water company Dwr Cymru has ‘paused’ its hedging strategy for power purchasing and is reviewing the strategy for the period to 2030, because the cost of both hedging and power remain high. It is looking at opportunities to use…
Downing diversifies as it acquires Merseyside grid support asset for £11M
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Downing Renewables & Infrastructure Trust has signed an agreement to acquire Mersey Reactive Power, a UK-based, fully operational 200 MVAr shunt reactor, for £11.0 million. Completion is subject to Ofgem approval. The Merseyside asset became operational in May 2022 and…
UKPN opens new flexibility tender in London and Southeast
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UK Power Networks has launched its latest tender opportunity for organisations to provide electricity flexibility across London, the East and South East. The company, which recently launched a Distribution System Operator (DSO), aims to help free up almost 100MW of…
Southern Water appoints Downing to install PV at 12 sites
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Downing has been appointed by Southern Water to deliver 12 new solar PV projects across its sites. Downing will supply renewable energy from these projects to Southern Water’s water treatment facilities under long-term offtake agreements. The renewable energy and infrastructure…
Consumers to wait an extra year to get benefits from smart meter rollout
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Smart meter rollout and ‘half hourly settlement’ reschedules will mean it takes longer for consumers to get the benefits of their investment in the programmes and slow innovation on Net Zero. Plans to move electricity consumers to meter reading on…