The government has confirmed it will not offer bill payer support to the proposed tidal lagoon in Swansea Bay. Energy secretary Greg Clark said the decision not to back the scheme was made on grounds of cost and value. He told the Commons “the programme of six tidal lagoons, the first of which is Swansea Read more…
Opinion: Triad case may have significant implications for BTM generation
Economist and consultant Franck Latrémolière outlines the key arguments in the embedded benefits legal challenge, why they failed, what could have been, and what may now rear its head as a result. In November 2017 I predicted that Ofgem would be defeated in the application for judicial review of its decision to reduced embedded benefits for Read more…
Ofgem wins Triad case, no judicial review
Ofgem has seen off a legal challenge over cuts to embedded benefits. The judgement was handed down this morning by Mr Justice Lavender, who rejected the application for judicial review. Peak Gen Power had led a challenge to Ofgem’s decision to drastically reduce so-called embedded benefits, which have been a significant source of income for distributed Read more…
Aurora: Murky markets undermining corporate PPAs
Corporate PPAs were seen as the great hope of post-subsidy renewables. But they have perhaps received a disproportionate amount of attention in relation to the volumes of new renewables they have actually delivered, according to Aurora’s Hugo Batten and Dimitri Kyriazis. They argue that market opacity, high transaction costs and a lack of end-to-end expertise are hurdles to Read more…
Liquid air energy storage firm plans big Capacity Market bid
Highview Power, the firm pioneering liquid air energy storage (LAES), hopes to announce a 50MW/200MWh unit in the UK later this year and plans to bid it into the Capacity Market auction in January. CEO Gareth Brett told The Energyst that larger units are much more cost effective to build than the new 5MW/15MWh plant Read more…
Ørsted and Open Energi team up to unlock flex at Aggregate Industries
A demand-side response collaboration between Open Energi and Ørsted is unlocking diversified revenues for Aggregate Industries – and asset optimisation is predicted to cut power bills 10%. The Lafarge-owned firm has been participating in demand-side response schemes for more than a decade, and since 2012 has been using its bitumen tanks as sources of flexibility. Read more…
WPD expands DSR programme, launches tenders across Midlands and South West
Western Power Distribution is launching a tender for more demand-side response (DSR) to help balance its networks. The company began a flexibility trial in the Midlands last year, which went live in April this year. It now seeks expressions of interest from half-hourly metered businesses that can cut consumption or increase generation in Rugeley, Northampton, Read more…
Anesco’s Steve Shine: Battery storage isn’t ‘merchant risk’, it’s just merchant
Anesco executive chairman Steve Shine said the developer plans to keep more of its battery assets to fund new projects “because the returns we are seeing are good”. He also suggested the market should stop dwelling on the “merchant risk” that is frightening debt investors and instead get used to a merchant model that can Read more…
New industry body aims to preserve effective competition for commercial metering businesses
The newly formed ‘Association of Independent Meter and Data Agents’ (AIMDA), launched today, is made up of seven of the UK’s largest, and competing, independent non-domestic customer metering and data collection businesses. AIMDA is to actively lobby OFGEM and BEIS to influence government policy making, and so preserve effective competition for the benefit of the customer Read more…
Energy Institute members: UK will miss fifth carbon budget, local energy systems key
More than eight in ten members of the Energy Institute (EI) think the UK will miss the fifth carbon budget, according to a poll of 406 members. Meanwhile, members suggest that local energy systems development is the most important aspect of recent government policy. The EI’s annual barometer asks members for their views on key energy Read more…
Nine projects land £8.8m to develop energy efficiency and DSR solutions for SMEs
Government has awarded £8.8m to nine groups to develop energy applications for smaller firms in retail, hospitality and education. The aim is to help UK small firms and organisations (SMEs) engage with energy and cut consumption, driving down UK peak demand. The projects, built around smart meter data, include easy to use energy management systems Read more…
ESB buys 7MWh battery storage site from Anesco as developer shifts model
Irish utility ESB has acquired a 7MWh battery storage facility from Anesco. The Mill Farm development in Lincolnshire went live in April. “The site will enable us to develop the technical, commercial and regulatory expertise in battery storage and flexible technologies,” said ESB executive director of generation and wholesale markets, Jim Dollard. “This will help Read more…
Simec Atlantis steps up Uskmouth coal to energy from waste plans
Simec Atlantis Energy says it will “be pressing forward” with plans over the next 12 months to convert its Uskmouth coal-fired power station to a 220MW plant fuelled by pellets derived from waste. The company thinks it can do this using its existing boilers and turbines and commence generation by 2020. If successful, it plans Read more…
Edina wins 2MW CHP contract Eon’s Cranbrook energy centre
Eon has awarded another CHP contract to Edina, which will supply and install a 2MWe gas-fired combined heat and power (CHP) plant at Cranbrook Energy Centre, Devon, by the end of this year. The £20m energy centre currently uses a 550kWe CHP unit to supply heat and hot water to the mixed use development, and Read more…
Investors eye anaerobic digestion subsidies as power price predictions fall
John Laing Infrastructure Fund plans further investment in anaerobic digestion (AD) after buying two plants in the last 12 months. Announcing financial results for the year to 31 March, chairman Richard Morse said AD offers “attractive yield characteristics” and that increasingly competitive secondary solar and wind markets “suggest that more attractive risk-adjusted returns are present” Read more…
Rolls Royce to cut 4,600 jobs
Rolls Royce, the engines and power systems manufacturer, will cut 4,600 jobs over the next two years in a bid to save £400m per annum by 2020. The company said it aimed to create a leaner structure for its three business units. The restructure is expected to cost £500m. While issues with its Trent 1000 Read more…
Thrive and Aura launch funded battery storage joint venture, target I&C firms
Renewables investor Thrive has launched a joint venture with developer Aura Power that aims to deploy and operate 40MW of behind-the-meter battery storage at industrial and commercial firms over the next 18 months. The two are targeting businesses that spend a minimum of £50k/month on power, that plan to remain at the same premises for Read more…
Webinar: How to Earn Revenue from Stored Power in UPS Systems and Generators for Grid Services
Vertiv invites Energyst readers – particularly power intensive users – to learn how to monetise UPS within flexibility markets via a free webinar at 10am on Tuesday 26 June. Researchers expect power consumption to triple in the next five years as one billion more people come online in developing countries and the tsunami of internet Read more…
Give us your views on DSR and storage
The Energyst needs end user views on battery storage and demand-side response to inform its annual DSR Report. The aim is to provide a snapshot of the challenges and opportunities from an end-user perspective – a genuine picture of the state of play. Does your business provide demand-side response, what assets do you harness and Read more…
UK Power Reserve buys 60MW of battery storage from Fluence
Fluence will supply three 20MW battery storage systems to UK Power Reserve as the firm starts to build out sites with 15-year Capacity Market agreements secured in 2016. UK Power Reserve said all three sites would be operational this winter and are flexible enough to provide a range of balancing services, as well as capacity. Read more…
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