Contracts signed for Nemo
National Grid and Statnett joint venture NSN Link has signed cabling contracts totalling €1.5 billion for cabling and connections for the Nemo link between GB and Norway.
Archive
Entsoe-E opens consultation on priority links
European electricity networks organisation Entsoe-E has asked for feedback on the network and storage projects that will be eligible for support under the EU’s Ten Year Network Development Programme.
Drive for interconnectors slows as Ofgem delays ‘window’
A ‘window’ for new interconnector developers to apply for a ‘cap and floor’ deal on returns for new projects has been delayed to 2016.
Vattenfall hit by German plans
Plans to bring forward the closure of a nuclear plant in Sweden and poor earnings in fossil fuel plant in Germany mean Vattenfall wrote down SEK36.3 billion (£2.7 billion) in the second quarter of 2015, the company announced in its 2H trading sta
Iberdrola makes big gains from offshore wind
ScottishPower finished the first half of the financial year with slightly more customer accounts than the year before, despite incurring the largest number of complaints ever seen by an energy company in the last three months of 2014 (according to
SSE customer loss slows, windfarms may beat deadline
SSE saw customer accounts fall by 90,000 over the three months to 30 June, its first quarter, the company announced in a trading update.
Financing in place for Teesside
Macquarie Capital and Macquarie’s Commodities and Financial Markets group have agreed to support financing MGT Power’s £650 million Teesside Renewable Energy Plant.
Don’t expect electric vehicles to offer energy storage, says operator
Electric vehicles will never provide regular grid storage services, according to Erik Fairbairn, chief executive of Pod Point, which supplies and runs electric vehicle charging points.
Barriers to new plant: truck movements, negative gate fees and British Summer Time
Paul Cuttill, deputy chairman of advanced waste to energy developer Drenl, talked Janet Wood through some of the ‘post-planning’ issues to be solved in bringing a project from drawing board to operation
Offshore wind price ‘£100/MWh by 2020’
The cost of offshore wind is falling more rapidly than expected and it will continue to do so throughout the 2020s, according to a report from consultants BVG Associates produced for Statkraft. It listed the reasons: