Energy storage developer Highview Power has secured £300 million in funding for the first commercial-scale liquid air energy storage (LAES) plant in the UK. The funding round was led by the UK Infrastructure Bank (UKIB) and Centrica, alongside a syndicate…
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Heat network developer Rendesco raises £6M for expansion
by New Power •
Heat network developer and operator Rendesco has raised £6 million to expand its operations in the UK and Europe. The new investment has been led by Clean Growth Fund, Eurazeo’s Smart City fund and Aviva Ventures. They join existing investor…
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Guest blog: Simon Skillings talks politics, plans and markets, and the Review of Electricity Market Arrangements
by New Power •
The power system challenge for the new government: Review of Electricity Market Arrangements The market reform journey We have been on a constant journey to improve electricity trading arrangements since the industry was privatised in 1991. Initially, the task was…
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Ørsted to build 300MW battery at Hornsea converter station
by New Power •
Ørsted is to install a Tesla battery on the same site as the onshore converter station for its Hornsea 3 offshore wind farm in Swardeston, near Norwich, Norfolk. When operational, by the end of 2026, the battery will be one…
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Larport solar farm now in operation
by New Power •
Conrad Energy has announced that its 45MW Larport solar farm has started producing energy. The Herefordshire solar farm is expected to produce 40,000 MWh of renewable electricity annually, with the power ‘sleeved’ to BNP Paribas via an initial 15-year power…
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Worthy Farm to trial new biomass to hydrogen plant
by New Power •
Worthy Farm in Somerset, home of the Glastonbury Festival, is set to upgrade its on-site power generation with hydrogen developer Hexla and climate tech firm Levidian’s LOOP technology. Worthy Farm currently produces power using an anaerobic digestion plant that turns…
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Surrey County Council installs solar car park ‘pop up’ charger
by New Power •
3ti has completed the installation of a ‘Papilio3’ pop-up solar car park and electric vehicle (EV) charging hub at Surrey County Council’s depot in Merrow, Guildford. The company said the installation – its second for a local council – fulfiled…
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Guest blog: Simon Skillings talks politics, plans and markets, and the NESO
by New Power •
The power system challenge for the new government: National Energy System Operator Decarbonising electricity supply requires a fundamental rewiring of system planning and market design processes. These changes are well underway in Great Britain, with a new independent system planner…
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Octopus to use Gresham House batteries for flexibility
by New Power •
Octopus Energy Group has signed a battery leasing deal with Gresham House Energy Storage Fund PLC (GRID) that will charge GRID’s batteries when renewable energy is abundant and discharge them when the national grid is under stress. The deal will…