Centrica raises cash for acquisitions
Centrica has bought ENER-G Cogen for £145 million. Centrica said the business will form part of its new international distributed energy and power business.
Centrica has bought ENER-G Cogen for £145 million. Centrica said the business will form part of its new international distributed energy and power business.
Eurotunnel will take on sole ownership of the planned ElecLink interconnector. It has signed a conditional agreement with Star Capital under which Groupe Eurotunnel will acquire Star Capital’s 51% share of the project.
The government’s draft legislation on energy should be amended to ensure the regulator’s decisions are transparent and open to appeal, the cross-party Energy and Climate Change Committee has recommended.
The government highlighted plans for a “more competitive” energy market in the Queen’s Speech and devolved some energy powers to local government.
The government’s energy legislation completed its passage through both chambers after a bout of parliamentary ping-pong and obtained Royal Assent on 12 May.
The Energy Systems Catapult is one of nine government-sponsored centres – others include offshore wind and digital systems – intended to be a springboard for innovation.
At last year’s world waste to energy summit, the discussion was mostly about waste and securing the feedstock. This year there seemed to have been a sea change.
The Department of Energy and Climate Change (Decc) has proposed amendments to the Contracts for Difference (CfD) regime that make the allocation of contracts a more challenging hurdle for projects.
Decc has promised another, “more focused”, consultation in an attempt to ensure that ‘car park generators’ cannot accumulate different types of government support while participating in the Capacity Market (CM).
Fault lines are opening in the industry over plans announced by the Department of Energy and Climate Change (Decc) to re-examine the ‘embedded benefits’ that accrue to small-scale generation.