News in brief
Eirgrid Group’s annual report for 2018 showed that revenues for the year to October 2018 increased from €579.4 million to €758.4 million. Pre- tax profit was €65.8 million.
Archive
Open data promise
Power industry central bodies have promised to free-up data to allow innovation in the sector.
Microgrid partners
ABB and Rolls-Royce have formed a partnership to offer a microgrid solution for utility, commercial and industrial customers.
Bristol plan agreed
Bristol City Council has decided to go ahead with its ambitious ‘City Leap’ programme and will be procuring a strategic partner to deliver the project in a joint venture.
EfW consent
Planning consent has been granted by North East Lincolnshire Council for an energy-from-waste plant located on land at the South Humber Bank power site.
Gas CCGT
Sembcorp has been granted development consent for a new gas-fired power station near Middlesbrough.
Marine money
Tidal energy company Sustainable Marine Energy (SME) has secured equity investment totalling £3.46 million to further develop its PLAT-I tidal energy platform.
Meter fine
Energy retailer SSE is to pay out £700,000 after it missed its own target to install gas smart meters for customers in 2018.
Commit to CCS and fund it under RAB, says Committee
Carbon capture and storage (CCS) is a key tool for decarbonisation and the government should consult on new funding models to support it, including a ‘regulated asset base’ model.
Brexit delay leaves carbon emitters with uncertainty
The Brexit delay has left carbon emitters, including power generators, with uncertainty over multimillion-pound emissions payments.