The Green Investment Bank (GIB) was designed with a view to transferring it to the private sector and “We see no benefit in trying to restructure and redirect GIB so that it remains in the public sector and operates on…
News
Dong committed to build world’s largest wind farm at Hornsea
by Annabel Andrews •
DONG Energy has made a final investment decision to build the Hornsea Project One offshore wind farm (Hornsea). With a capacity of 1.2GW. Hornsea will on completion be the world’s first offshore wind farm to exceed 1,000 MW in capacity. Hornsea…
Perspective
Gearing up for the licensing of code administration – Gemserv’s view on what to watch for
by New Power •
Tony Thornton says competition will provide a more cost-effective code administration service than top-down regulation
News
SinoFortone Group to invest £2 billion in two Welsh biomass power stations by Orthios Eco Parks
by Annabel Andrews •
SinoFortone Group is to invest £2 billion in two two 299MWe biomass power stations by Orthios Eco Parks on Anglesey and in Port Talbot in South Wales. Waste heat and carbon dioxide from the plant will be used to enhance the growth of…
Flash update
UK regulators set out cross-sector infrastructure emergency plan
by Annabel Andrews •
The UK Regulators Network (UKRN) has set out how it will respond to emergency situations that affect more than one regulated sector, such as a storm that knocks out energy, water, rail and telecomes networks. The plan, published today, sets out…
News
With investor confidence down, is it time to re-open EMR? Expert poll says yes – what’s your view?
by Annabel Andrews •
What’s your view on Electricity Market Reform? Give us your view (anonymously) in our quick poll Surveyed in January, members of New Power’s Expert Forum were exasperated by the complexity of the measures and found the package was failing to…
Flash update, News
Carbon capture “only useful for mitigating industrial emissions”
by Annabel Andrews •
Carbon capture and storage (CCS) is unlikely to significantly reduce emissions from coal-fired power stations, according to the Smith School of Enterprise and Environment at the University of Oxford. In its report on stranded assets in the coal industry, the…
Flash update, News
Demand response capacity to receive £27.50/kW/yr following Transitional Capacity Market auction
by Annabel Andrews •
Following the first Transitional Capacity Market auction 803MW of demand response capacity is set to receive contracts at a price of £27.50/kW/yr, according to provisional results from National Grid. The delivery year is 2016/17. Some 1,110.28MW of capacity entered the…
News
Centrica reorganises UK business
by Annabel Andrews •
Following a strategic review last year, Centrica is reorganising its UK business into two “business units”, called UK Home and UK Business. These business units will mainly operate under the firm’s British Gas brand and replace the three former businesses, British…