National Grid and Elexon will hold a webinar next week on wider access to the balancing mechanism and project Terre. It will outline steps for companies with flexible assets that wish to access those markets by becoming ‘virtual lead parties’ or VLPs. The balancing mechanism (BM) is National Grid’s main mechanism for balancing supply and Read more…
Swindon powers waste plant via solar private wire
Swindon Borough Council-owned Public Power Solutions has switched on Barnfield Solar Farm. The 2.5MW facility will power the solid recoverable fuel (SRF) plant and depot at the adjacent Swindon household waste recycling centre via a private wire, cutting power bills by around £185,000 a year. The SRF plant process 70,000 tonnes of rubbish a year, Read more…
Co-located storage can bid into Capacity Market, Ofgem confirms
Ofgem has published new guidance for companies that want to add storage to renewable energy installations supported under the Renewables Obligation (RO) and feed-in tariff (FIT) schemes. They can bid into the Capacity Market too – if and when it is reinstated. Adding storage to such RO/FiT sites was not foreseen when the subsidy schemes Read more…
BT and Eon join EV100, pledge to electrify fleet by 2030
BT and Eon have pledged to electrify their fleets by 2030. The two are among a number of companies that have signed up to the EV100 initiative, joining the likes of EDF, Heathrow Airport, Ikea, Unilever and Vattenfall. The Climate Group, which oversees the RE100 where business pledge to buy renewable power, is behind the Read more…
Energy efficiency fund IPO raises £100m
Sustainable Development Capital LLP (SDCL) has raised £100m to invest in energy efficiency projects via an initial public offering. The SDCL Energy Efficiency Income Trust (SEEIT) will use the money to acquire nine initial projects valued at £57m and three others worth £30m. These include combined cooling/heating and power plants (CCHP) at a Citi data centre and Read more…
Inspired to raise cash to buy fellow TPI Inprova Finance for £19.5m
Inspired Energy’s acquisition spree shows no sign of relenting. The company has conditionally agreed a £19.5m cash deal for Inprova Finance and now seeks to raise £19m via a new share placing. One of the top ten industrial and commercial third party intermediaries, Inprova Finance is a significant operator in the TPI market, with some Read more…
Gridimp builds on small business DSR plans with latest installation
Gridimp, a start-up trying to build an artificial intelligence-driven approach to demand-side response for smaller companies, has installed its technology at the Somerset Energy Innovation Centre (SEIC) in Bridgwater. The test sees its hub integrated into the existing BMS, enabling the innovation centre to assess energy usage patterns and control assets in response to calls Read more…
Capacity Market top up auction planned for summer 2019
The UK government has reiterated that it hopes to re-start the Capacity Market as soon as possible and intends to run a ‘top up’ auction next summer. The market was suspended last month following a legal challenge by Tempus Energy. The European Commission now has to undertake a formal investigation after the General Court of Read more…
1GW of flex sought in London
A plan to unlock a gigawatt of peak flexible power resource in London by 2050 is underway. The GLA-backed Flex London project forms part of the Mayor’s plan to make the capital a zero carbon city. The authority, plus project partners, is bringing together public and private sector organisations that have the potential to provide Read more…
Western Power Distribution joins Piclo flex platform
Western Power Distribution has joined the Piclo flexibility platform. All six distribution network operators (DNOS) have now signed up as trialists. The platform brings together buyers and sellers of flexibility. Crucially it provides visibility around location of available flexibility. The next step is to become an online marketplace, running local flexibility auctions. With all DNOs Read more…
Energy sector ‘digitally behind the curve’, but way ahead of water industry
The energy sector accepts the transformational ‘three Ds’ of decarbonisation, decentralisation and digitisation – but suppliers are behind the curve on the latter aspect, according to a study. The Bearing Point report, which looked at 593 companies across eight countries, suggested UK suppliers in the main could benefit commercially by developing coherent digital marketing and Read more…
National Grid outlines next steps for hundreds of millions worth of services
National Grid has published further detail on new ways of balancing and managing the power system via services worth hundreds of millions of pounds a year. Its first system operability report explains the challenges posed by declining inertia as large thermal plant closes or runs less frequently while renewable and distributed generation increases. It also Read more…
Limejump agrees 120MW PPA plus storage with Next Energy Solar Fund
Limejump has agreed terms on a Power Purchase Agreement with Next Energy Solar Fund, potentially bringing 120MW of solar PV into its virtual power plant (VPP). The aggregator said it is also working with Next Energy on its battery storage projects, which were connected at two of its solar farms in May. The fund is Read more…
What’s your resilience risk? It’s time to find out
Energy and sustainability threats are evolving quickly, and outpace conventional risk analysis and mitigation strategies. How exposed is your company, asks Schneider Electric in this sponsored post. Resilience is an organisation’s ability to adapt to risks and threats that challenge its viability. It’s also an imperative in the face of an increasingly broad and unpredictable Read more…
Public sector procurement: Make it energy for good
Public sector energy procurement platform, Energy For Good, outlines its credentials in this sponsored post. Energy For Good (EFG) is a market leading company dedicated to providing best in class energy price sourcing to public sector organisations, using an adapted and fully OJEU compliant Dynamic Purchasing System. This DPS is also fully compliant with Public Read more…
LED lighting: Free essential guide to colour, flicker and lifetime
What do I need from a light source? Complimentary 16-page essential guide to colour, flicker and lifetime. If you are considering investing in a new lighting scheme for your business premises this informative 16-page free guide, written by Kevin Stubbs FSLL and a team of technical experts, is a must-read. The guide explains all you Read more…
Iberdrola and Drax agree Capacity Market risk share to get deal over line
Iberdrola and Drax have amended terms of their proposed £700m deal to include a risk share mechanism in case Capacity Market (CM) revenues are reduced or fail to materialise. Iberdrola aims to sell Drax 2.6GW of gas, pumped storage and hydro assets. However, the deal was undermined by the suspension of the Capacity Market last month. Read more…
Vattenfall EV charging business up and running with South Norfolk Council
Swedish utility Vattenfall has signed a deal to install its first electric car chargers in the UK. It will install and operate 20 chargers to be owned by South Norfolk Council and provide them with 100% renewable power via its British wind farms. Vattenfall aims to build a UK charging network by working with other Read more…
Sir Terry Leahy’s advice to energy managers: Keep it simple
Former Tesco chief executive, Sir Terry Leahy, has offered energy managers pitching projects to their board some advice: Keep it simple. Speaking at the launch of a new range of smart EV chargers from Myenergi, in which he is an investor, Leahy noted that the most effective ways of cutting carbon are often the most Read more…
Pubs the new petrol stations? Marston’s and Tesco go large on EV charging
Pubco Marston’s and supermarket giant Tesco have announced big plans for electric vehicle charging infrastructure. Tesco will install 2,400 EV charging bays across 600 stores over the next three years in a deal with charging firm Pod Point. Some will be free-to-use 7kW units, others 50kW rapid chargers, which shoppers will pay to use. Pod Read more…
- 1
- 2
- 3
- …
- 70
- Next Page »