UK investors are ready to increase their investment in renewable energy, according to results of a survey by Downing. In February Downing commissioned PureProfile to interview 100 professional investors (UK pension funds, institutional investors and wealth managers) who collectively manage…
News
Councils in Thames Valley use smart grid connectivity
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Four sites belonging to West Berkshire Council have been connected to a ‘smart energy’ pilot project in Thames Valley. Smarter Grid Solutions (SGS) is working with councils at West Berkshire and Reading as part of a £22.9 million SMART Places…
Two Gresham House batteries tweaked to supply new NGESO markets
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Gresham House Energy Storage Fund plc has joined forces with Origami, an independent energy technology platform for green energy assets and battery optimiser Habitat Energy Ltd to prepare two battery assets totalling 50MW to participate in the dynamic containment (DC)…
ACT NOW: 10 May deadline to access funding to change on-site power set-points. Non-compliant sites face de-energisation
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Businesses and individuals that own or operate electricity generation like solar, wind, gas and combined heat and power (CHP) should apply now for funding to help them update their generation equipment. The deadline for applications is 10 May. New Distribution…
Gore Street raises £150M and targets 900MW of new GB storage
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Energy storage specialist Gore Street has raised £150 million in a new share issue. The company claimed that institutional and retail investor demand was “substantially more” than the initial issue and as a result it increased the target size from…
Neuconnect plans to start work this year on GB-Germany direct electricity link
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NeuConnect says it is aiming to reach financial close on its interconnector between GB and Germany “in te hnext few weeks”, allowing work to start before the end of the year. It made the comment as it announced contracts totalling…
E.On joins with home builder to pilot dynamic management option that allows more EV, PV and heat pumps in new homes
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E.On has worked with UK home builder Cala Homes to pilot a live, locally controlled, smart electricity management system that maximises the collective self-consumption of on-site renewable generation and to ensure unused energy generated for homes can be used elsewhere,…
Flexibility providers invited to use single tool to assess contribution – join launch webinar
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A new tool has been launched which helps flexibility providers follow a clear, common and more accurate approach for measuring how much flexibility they have delivered to Britain’s distribution network operators, the Energy Networks Association has announced. The tool was…
Industrial sites to get tailored decarbonisation plans
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BEIS has contracted Atkins, a member of the SNC-Lavalin Group, as ‘engineering delivery partner’ to develop industrial decarbonisation roadmaps for 16 industrial sites across the UK as part of the Industry of the Future Programme. The company will help the…
EDF begins preliminary work on 20-year life extension for Sizewell B
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EDF has begun work to extend the life of its Sizewell B nuclear power plant in Suffolk by 20 years to 2055. It has signed contracts with three contractors – Westinghouse, Jacobs and General Electric Company – to support the…