LS Eco Advanced Cables Ltd. has launched a consultation on plans to build a high-voltage undersea cable manufacturing facility at Tyne Dock, Port of Tyne. Port of Tyne said plans are at an early stage and still being finalised, but…
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Move policy costs from electricity bills to taxation, urge businesses
by New Power •
A group of 17 manufacturers, investors, and climate groups have called on the Chancellor to move policy costs from electricity bills and into general taxation, a move they say will unlock growth, drive electrification and secure Britain’s place in the…
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Scottish community renewables can access new £8M funding
by New Power •
Scotland’s Community Energy Generation Growth Fund has reopened for applications, with £4 million from the Scottish government and £4 million from Great British Energy to support local renewable energy generation projects. The fund supports local communities to install wind, solar,…
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Eku Energy secures funding for battery at Ocker Hill
by New Power •
Eku Energy has secured £45 million in debt financing from NatWest Bank and Sumitomo Mitsui Banking Corporation (SMBC) to construct a new 99MW/198MWh battery at Ocker Hill in the West Midlands. The site is close to the former Ocker Hill…
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Lincolnshire communities invited to comment on offshore link plans
by New Power •
National Grid Electricity Transmission (NGET) is inviting communities in Lincolnshire, King’s Lynn, West Norfolk, and Fenland in Cambridgeshire, to take part in consultations on three new transmission projects that will bring renewable energy from Scottish offshore wind to southern parts…
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Scottish Power parent secures funding for new lines to move power south from the North Sea
by New Power •
Iberdrola has completed a £1.35 billion financing package – including funding of £600 million from the UK’s National Wealth Fund (NWF) – so its subsidiary ScottishPower can deliver seven priority transmission grid upgrade projects,. The package was led by Bank…
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Hitachi Energy to supply Chinese company with 550kV SF6-free switchgear
by New Power •
Hitachi Energy is to provide sulphur hexafluoride (SF6)-free 550kV gas-insulated switchgear (GIS) to the Central China Branch of the State Grid Corporation of China (SGCC) – claimed as the first application of the technology at this voltage level. SF6 is…
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Ørsted discontinues work on Hornsea 4
by New Power •
Ørsted has announced it will ‘discontinue’ the 2.4GW Hornsea 4 offshore wind project in the UK ‘in its current form’. The company said that since it was awarded a Contract for Difference (CfD) in allocation round 6 (AR6) in September…
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Good Energy pays compensation for PPM billing failures
by New Power •
Good Energy has paid over £150,000 in compensation and redress after failing to provide final bills and refund credit balances to prepayment meter customers. Energy regulator, Ofgem, found that an error in Good Energy’s billing system affected 2,284 prepayment meter…