Powervault has launched a new domestic battery, Powervault 3, that works with Powervault’s GridFlex software, to enable homeowners to earn an income for supporting the grid when it is under stress. Powervault won a commercial flexibility contract with UK Power Networks earlier this…
Flash update
Industry governance: a golden opportunity?
by New Power •
The UK energy industry is undergoing huge change. In this thought leadership piece, Gemserv asks whether it is a ‘golden opportunity’ to transform industry governance. Join the debate:
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Isles of Scilly to be ‘smart power’ test bed
by New Power •
Consumers in the Isles of Scilly will receive smart power solutions and act as a test-bed for a smart flexible power industry, in a £10.8 million project led by Hitachi Europe. The Smart Energy Islands (SEI) project, part financed by…
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Heat networks should be regulated by Ofgem, says CMA
by New Power •
The Competition and Markets Authority (CMA) has decided heat networks should be regulated, and recommended that new powers be given to Ofgem to take on the role. Extending Ofgem’s remit to include heat networks would require new primary legislation to be…
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Offshore wind industry welcomes ‘ringing endorsement’ and 16GW project pipeline
by New Power •
The offshore wind industry has warmly welcomed plans announced by the Department for Business, Industry and industrial Strategy that Contracts for Difference auctions will be held every two years for ‘less established’ technologies – largely offshore wind and wind farms…
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Network review could see EV users offered higher-priced connection to guarantee peak-time charging
by New Power •
Consumers may have to pay for a bigger connection to the electricity network if they want to guarantee that they can charge vehicles at peak times. That could be one outcome of a planned review of network charging announced by…
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Foresight picks up AD plant
by New Power •
Foresight Group has acquired an operational anaerobic digestion plant on the Isle of Wight for an undisclosed sum. The Arreton site has a CHP plant providing 250kW of electrical power generation capacity to power the facility (and related waste heat…
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New Swedish wind farm backed by 29-year PPA with aluminium producer
by New Power •
Construction is about to start on a 235MW onshore wind farm in central Sweden, financed via a 29-year fixed-volume power purchase agreement (PPA) with aluminium producer Norsk Hydro. Green Investment Group (GIG), the specialist green energy principal investment business of Macquarie Group, has…
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Eelpower acquires Ludlow battery as it plans growth to 1GW
by New Power •
Eelpower has acquired the recently-completed 20MW Rock Farm battery from Anesco. Eelpower also acquired two storage schemes that will be commissioned later this year – a 10MW scheme near Winchester and an 8MW scheme in Cumbria. The company has plans to…