There is no energy crisis this winter and we are not particularly at risk from blackouts. That is the strong response from New Power’s panel of energy industry experts in a survey carried out in October.
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I meet Peter Haigh, the new managing director of Bristol’s new energy company, about a fortnight before Bristol Energy is due to enter controlled market entry.
In the past five years, infrastructure fund managers and private equity firms have increased their holdings in the onshore wind sector, driven by the prospect of low-risk, stable returns generated by operational projects grandfathered under the Re
Great Britain now has about 8GW of photovoltaics (PV) on the system. That is an approximate figure because it is still rising fast – National Grid’s Winter Outlook assumes it will continue to rise by 90MW per month.
Renewable energy capital costs are falling fast, but so are the subsidies available to bring them on.
moratorium on underground coal gasification development while Professor Campbell Gemmell, former chief executive of the Scottish Environment Protection Agency, undertakes an examination of the environmental and safety issues involved.
Ofgem has confirmed it plans to open “new, separable and high-value onshore electricity transmission assets” valued at more than £100 million to competitive tender.
Dublin-based renewable energy developer Gaelectric’s plan to develop a compressed air energy storage facility in Northern Ireland – only the third of its kind anywhere in the world – has been given a boost.
Majority shareholder Monterey Capital is to acquire the remaining 31.5% of Infinis, taking the renewable energy company into private ownership. The acquisition values the company at £555 million.
Energy procurement consultancy The Energy Brokers Limited (TEBL) has been acquired by Consultus in a management buyout led by managing director Andrew Staley. The terms of the transaction have not been disclosed.