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...
Carlton Power and Highview to build 250MWh liquid air energy storage plant
Carlton Power and Highview Power are partnering to build a massive cryogenic liquid-air energy (LAES) plant in Manchester.
Carlton has been trying to build a...
John Lewis and Air Liquide build biogas plant to fuel trucks
John Lewis is building a biogas plant to help decarbonise its distribution fleet of trucks. The Waitrose owner plans to switch its 4,800-strong fleet...
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...
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...
Government to set sharper annual targets for smart meter installs
Government will set suppliers sharper annual targets in a bid to stop the smart meter rollout losing steam.
The programme originally targeted a smart meter...
Take nuclear option or blow net zero, warns Energy Systems Catapult
Britain may have to spend big on next generation nuclear to secure Net Zero, adding between 10GW and 50GW before 2050, innovation think tank...
Simec Atlantis gets nod for first 12MW of Normandy tidal power
Simec Atlantis has taken a step towards first megawatts of tidal power off Normandy after getting approval from authorities to transfer a 12MW development...
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...
V2G benefits ‘much bigger than FFR and arbitrage’
Non-cash benefits from vehicle-to-grid (V2G) technology look set to exceed revenues based solely on power aggregation and trading, automotive energy researchers Cenex believe.
It claims...
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,...
Hydrogen fuel cells ‘set for takeoff’ after first UK test flight
A company planning to enable commercial hydrogen-powered flights by 2023 yesterday completed the UK’s first 'commercial scale' electric test flight.
The flight, from Cranfield in...
SEEIT energy efficiency fund placing oversubscribed, raised to £110m
Listed energy efficiency fund SEEIT has increased a placing to £110m after the initial £60m sought was oversubscribed.
"In light of our offer being significantly...
Drax to trial Mitsubishi’s biomass-with-carbon-capture tech
Britain’s biggest biomass burner Drax is to pilot new biomass energy carbon capture and storage (BECCS) technology from Mitsubishi Heavy Industries from this autumn.
The...
Aurora: Hydrogen can meet half of UK energy demand
Hydrogen produced from both renewables and methane can meet 48 per cent of UK final energy demand by 2050, calculates Aurora Energy Research.
Green hydrogen...
Good Energy takes majority stake in Zap Map
Good Energy has taken a majority stake in Zap Map. The green energy company already held a 12.9 per cent stake following a deal...
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...
CCC: End ICE age by 2032, re-skill Britain ‘before climate window closes’
Advancing the UK’s ban on sales of new petrol and diesel vehicles to 2032 - three years earlier than planned - is among urgent...
Mitie posts profit rise, buys Interserve FM unit, continues EV push
Buildings services firm Mitie, on track to operating the UK’s biggest corporate EV fleet, today confirmed its £271m takeover of rival Interserve’s facilities management...
McDonald’s to install rapid chargers at drive-thrus across UK
McDonald's has inked a partnership with InstaVolt to install rapid chargers at its drive thru restaurants.
The companies did not release details on numbers or...