UK Power Networks Services has acquired UU Solar from SDCL Energy Efficiency Income Trust LLP (SEEIT). The deal sees UK Power Networks Services taking ownership of 70 solar, wind and hydro energy plants with a total capacity of 68.7MW. The…
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Licence up for grabs for offshore carbon dioxide store off the Isle of Wight
by New Power •
The North Sea Transition Authority (NSTA) has invited applications for a carbon dioxide storage licence in saline aquifers off the Isle of Wight. Offshore Energy UK (OEUK) said that although most of the UK’s potential storage is located in the…
Longread
Interview: Steve Brittan, Xoserve chief executive, talks about hydrogen blending and gas network data
by New Power •
Steve Brittan, chief executive of gas industry data services company Xoserve, says the industry has to take a programme approach as the country transitions to lower carbon energy sources When I talk to Steve Brittan he is just six months…
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Drax to upgrade existing Cruachan pumped storage plant after Capacity Market contract win
by New Power •
Drax is to invest £80 million in a refurbishment of its Cruachan pumped storage hydro power station in Scotland, increasing its capacity. Drax said the investment is underpinned by a 15-year Capacity Market agreement worth around £221 million awarded in…
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FSB calls for Ofgem action over small business standing charges
by New Power •
The Federation of Small Businesses (FSB) has called for the energy regulator Ofgem to take action on the standing charges paid by small businesses. The group says small businesses have seen large rises in the fixed element of their energy…
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Exagen wins planning consent for Tewkesbury battery
by New Power •
Exagen has been granted planning consent for a 20MW battery project by Tewkesbury Borough Council. This is the company’s second battery energy storage project to be granted planning consent this year. The battery, to be called Brockworth Road Energy Reserve,…
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Thrive provides £75M funding for rooftop PV installations
by New Power •
Solar developer Eden Sustainable has secured £75 million in funding from renewable energy investment company, Thrive Renewables, to accelerate the roll out of solar energy. Eden Sustainable provides ‘private wire’ solar power purchase agreement (PPA) projects for schools, businesses, and…
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Northern Ireland system operator signs system inertia contracts
by New Power •
SONI, Northern Ireland’s electricity system operator, has awarded two contracts to supply system inertia to Faughan Stability Ltd and Bush Hill Stability Ltd. Both companies are wholly-owned subsidiaries of Statkraft UK. Statkraft UK already has two stability contracts, supplied in…
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Africa Finance Corporation to invest $14.1 million in Morocco-GB power project
by New Power •
Africa Finance Corporation (AFC) is to make a $14.1 million investment to further the development of project to generate solar power in Morocco and export it direct to GB, according to XLink First. XLink First is the investment vehicle for…