Dong Energy has entered into an agreement to sell 50% of its 573MW UK offshore wind farm project at Race Bank to Macquarie Group – with equal interests. Race Bank is currently in advanced stages of construction and is…
News
Renewable heat industry welcomes reforms to RHI
by Annabel Andrews •
Changes announced to the reformed Renewable Heat Incentive (RHI) have been welcomed by the renewable heat industry. The government announced that solar heat would still be supported by the new scheme and support will increase for large and industrial biomass projects.…
Flash update
Trafford CCGT fails to meet Capacity Market milestone, gives up agreement
by New Power •
The Trafford power project has failed to meet its Financial Commitment Milestone for receiving a Capacity Market contract, developer Carlton Power has informed the Department of Business, Energy & Industrial Strategy (BEIS) and has given up its agreement. The company…
News
NI Utility Regulator revokes Open Electric’s supply licence
by Annabel Andrews •
NI energy supplier Open Electric has ceased trading and had its licence revoked by the NI Utility Regulator. The company’s customers will now transfer under supplier of last resort arrangements to Power NI, which is the price-regulated supplier in Northern Ireland.…
News
Drax passes State Aid test for third biomass conversion
by New Power •
The European Commission has concluded that UK support for the conversion of a unit at the Drax power station, so it uses wood fuel instead of coal, complies with EU State Aid rules. The 645MW capacity unit will be the…
Perspective
UKERC: We need engagement and action on emissions
by New Power •
UK Energy Research Centre director, Jim Watson, calls on the government to act immediately An important priority for the Department of Business, Energy and Industrial Strategy (BEIS) is the new Emissions Reduction Plan (ERP). The plan is required under…
News
BayWa r.e. sells three UK solar farms with a total capacity of 30MW to Greencoat Solar
by Annabel Andrews •
BayWa r.e. has sold three of its UK solar farms with a total capacity of 30 MW to Greencoat Solar I LP, a newly-established vehicle managed by Greencoat Capital. The projects are located in south Wales, Cornwall and Kent. BayWa r.e.…
News
Over 90% of SSE and Utility Warehouse customers on expensive standard variable rate tariff
by Annabel Andrews •
According to a new league table published by Ofgem, Utility Warehouse and Scottish and Southern Electricity (SSE) have the highest proportion of customers stuck on a standard variable tariff, with 94% of Utility Warehouse customers and 91% of SSE customers…
News
Economy Energy contracts National Grid Smart for smart meter rollout
by New Power •
Economy Energy has contracted National Grid Smart to install smart meters in 50,000 homes in 2017. Economy Energy has around 180,000 customers with gas, electricity and dual-fuel deals and the company said its aim is “to have its entire customer…