British Gas, Ovo, Bulb, E.ON, Scottish Power and SSE are to pay a total of £10.8 million to Ofgem’s Energy Industry Voluntary Redress Fund after in a shortfall to install a total of 1,026,628 smart meters by the end of…
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ACT NOW: Transport for London is seeking users for its waste heat, wants feedback by 11 December
by New Power •
Transport for London (TfL) is looking for offtakers who can use its waste heat and is asking for feedback by 11 December to help it understand the opportunity. TfL’s Waste Heat programme aims to help London reach its 2050 zero-carbon…
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Octopus Energy and Bellway join forces on ‘Zero Bills Homes’
by New Power •
Octopus Energy and Bellway Homes have announced a partnership to deliver ‘zero bills homes’ that allow customers to move into homes guaranteed to have no energy bills for at least five years, guaranteed. The homes come with an air-source heat…
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King’s Speech: the industry responds
by New Power •
Juliet Phillips, Senior Policy Advisor, E3G: “The King’s Speech shows that the government is out of touch with the reality of the cost-of-living crisis. The announcements contained no measures that would rapidly lower energy costs or permanently reduce the exposure…
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EQT Infrastructure fund to acquire Statera Energy from InfraRed Capital Partners
by New Power •
The EQT Infrastructure VI fund is to acquire Statera Energy Limited from InfraRed Capital Partners. Established in 2015, Statera has 1GW of flexible generation – batteries, key flexible technologies, pumped hydro and green hydrogen production – in operation and under…
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Green heating projects win £65M in grants, build in response offering for networks
by New Power •
Five green heating projects have shared nearly £65 million in government grants from the Green Heat Network Fund. The awards, managed by Triple Point Heat Networks Investment Management, went to projects that mostly used heat pumps and two had energy…
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SP Energy Networks to test AI-driven storm fault prediction
by New Power •
SP Energy Networks is trialling the use of artificial intelligence (AI) to better pinpoint potential faults on the electricity network caused by severe weather and help ensure equipment and engineers are on hand to tackle problems. The £5 million Predict4Resilience…
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Immingham terminal would import ‘green’ ammonia from Saudi Arabia to convert to hydrogen
by New Power •
Associated British Ports (ABP) is looking for a lead contractor to develop Immingham Green Energy Terminal (IGET), a multi-user terminal that will receive imports of green ammonia from the Neom Green Hydrogen Company in Saudi Arabia and convert it to…
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Electrolyser on course for installation at NI Water site in 2024
by New Power •
In 2024 Northern Ireland Water could begin using oxygen in its processes produced as a byproduct of green hydrogen, after the electrolyser technology passed milestone tests. Clean Power Hydrogen (CPH2) announced it had completed an extensive testing and commissioning process…