Inspired plans £35m fundraise to buy rest of Ignite, eyes more deals
Inspired Energy plans to raise up to £35m to acquire the rest of Ignite and take advantage of market conditions to make further buys.
The...
WPD seeks another 45MW of flex, plus demand turn up
Western Power Distribution is seeking a further 44.55MW of flex and needs providers in five new locations.
In one location, at Hawton, Nottinghamshire, the DNO...
Gresham House Energy Storage launches ‘grid bonds’ to buy more batteries
Gresham House Energy Storage Fund is aiming to raise an initial £15m to buy more grid scale battery storage.
The fund has an operational storage...
Smartest Energy signs PPA for 42MW Newhurst EfW plant
Smartest Energy has signed what it claims is one of the largest power purchase agreements to date in the energy-from-waste sector.
The Marubeni-owned firm has...
Statkraft and GE team up on inertia tech to keep grid stable
Statkraft has inked a contract with GE that will enable it to help keep the grid stable by providing inertia via a large spinning...
Ofgem tells DNOs to get on with 1MW+ asset register and plan for national...
Distribution network operators must compile a database of all assets connected to their networks above 1MW – and make them publicly available after Ofgem...
Gresham House spends £20m on Arenko’s 41MW Bloxwich battery
Gresham House Energy Storage Fund has completed the 41MW Bloxwich battery storage facility acquisition from Arenko, taking its operational portfolio to 215MW.
Commissioned 12 months...
Demand hits new low, Grid deals with it
Demand on the transmission system hit 13.4GW, a new low last weekend, but National Grid ESO managed without calling on its new footroom service.
"The...
My work here is done: Limejump CEO Erik Nygard exits
Limejump CEO Erik Nygard will leave the aggregator in September with new COO Catherine Newman to take the reins on an interim basis.
Nygard led...
Drax faces threat of strike vote over redundancies
Drax is facing the prospect of a workforce vote for its first ever strike, over allegations of ‘bad faith’ surrounding more than 200 compulsory...
Smart charging firm ev.energy wins UKPN flex contracts, eyes BM next
Smart charging platform ev.energy had 14 bids accepted by UK Power Networks in its latest flexibility procurement round.
The firm’s technology optimises EV charging times...
Simec Atlantis waste-to-energy burn tests “couldn’t have gone better”
Mitsubishi Hitachi Power Systems says industrial burn tests of the waste-derived pellets to Simec Atlantis plans to use at Uskmouth Power station "couldn't have...
Gore Street acquires 50MW Ferrymuir battery project, eyes more in Scotland
Gore Street energy storage fund is to acquire another 50MW battery storage project following a fresh injection of funds.
The Ferrymuir project in Fife, Scotland,...
Scottish flex: National Grid seeks stability providers
National Grid wants help from industry to manage short circuit levels and keep the grid stable in Scotland for the next phase of its...
Flexitricity VPP hits half a gigawatt, predicts “dramatic growth” for DSR
Aggregator Flexitricity claims its virtual power plant (VPP) has reached 500MW - and predicts a boom for the sector.
The firm said a 15MW asset...
SEEIT energy efficiency fund shakes off Covid, eyes big buys
Listed energy efficiency fund SEEIT is eyeing £300m worth of asset buys and said it is in “advanced negotiations” for three developments valued over...
Build back circular: Green recovery needs greener batteries
Aceleron CEO Amrit Chandan urges businesses to embrance circular economy principles to build a better society post-Covid - greener batteries included.
The Covid-19 pandemic has...
SSE business energy slumps to loss as bad debt bites
SSE’s business energy division slumped to an £18.5m loss for the year to 31 March, down from £51.6m profit the prior year.
Electricity sales to...
UK Power Networks awards 123MW of flex contracts – EVs included
UK Power Networks has awarded contracts for 123MW of flexible power worth £14m, with flexibility from electric vehicles making up part of the mix.
The...
Kensa starts deploying smart heat pumps at Oxford ‘superhub’ project
Heat pump firm Kensa and housing provider Stonewater have started installing the first smart heat pumps as part of the Oxford ‘superhub’ smart grid...