Wind

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Octopus invests in offshore wind developer

Octopus Energy has taken a stake in global offshore wind developer Deep Wind Offshore. The deal has been struck by Octopus’ generation arm, with the British firm joining existing investors Knutsen OAS, Haugaland Kraft and Sunnhordland Kraftlag in taking a share in the Norway-based firm. Neither party has disclosed the financial details nor the size of the stake being acquired.

2 years ago

National Grid releases 10GW of capacity for ‘shovel ready’ schemes

2 years ago

Coutinho hails ‘key role’ for onshore wind as ban is axed

2 years ago

RWE begins offshore construction for 1.4GW Sofia wind farm

2 years ago

Cadent claims 40GW of wind can produce hydrogen for heat

2 years ago

Radical electricity market reforms ‘must be taken off the table’

2 years ago

Offshore wind: Navigating through ‘a perfect storm’

2 years ago

EDF agrees seven-year PPA with Scottish windfarm

2 years ago

System restoration services open to smaller generators

2 years ago

Pinchbeck warns against complacency on renewables

The UK is “resting on its laurels” from past successes in rolling out offshore wind and has under-estimated the speed of progress elsewhere, Emma Pinchbeck has said. The Energy UK chief executive also warned that increased competition for investment makes it important for Britain to maintain its cross-party consensus on tackling climate change

2 years ago

Government’s community energy fund ‘falls short’

2 years ago

Weekend press: Shapps to slash energy bill support

2 years ago

CfD boost is ‘too little, too late’

2 years ago

‘Not a single person in supply chain’ thinks UK will hit net zero targets

Not a single person in the supply chain believes UK net zero targets will be achieved. That is the damning conclusion of the Energy Industries Council’s (EIC) annual Survive & Thrive report into global energy supply chains. Based on the views of 96 supply chain bosses, the EIC report concludes that “widespread delays in project funding strongly signposts that the UK is not going to meet its legally binding 2050 net zero target, and neither will Scotland meet its 2045 target”.

2 years ago

Repower up

2 years ago

Vattenfall halts offshore wind project due to surging costs

2 years ago

SSE reports 29% renewables output shortfall

SSE’s renewable assets generated 29% less power than forecast during the first quarter of the financial year. In total, SSE’s renewable energy sources produced 624GWh. This represents a 5% shortfall on total planned output for the year. SSE attributes the drop in output to “dry and still weather patterns” during the three months until the end of June.

2 years ago

Government signals caution on local wholesale power prices

The government has signalled that it doesn’t want reform of the wholesale electricity prices, such as by creating a patchwork of local markets, to undermine investment in renewables. Its response to the now defunct BEIS (business, energy and industrial strategy) committee’s report on decarbonisation of the power sector, confirms that the government wants to significantly narrow the options when it publishes the second consultation on its Review of Electricity Market Arrangements (REMA) this autumn.

2 years ago

Shortlist revealed for biggest ever offshore transmission contracts

Four bidders have been shortlisted by Ofgem for the UK’s biggest ever offshore transmission tender round. All four bidders will be able to bid for the three offshore transmission assets of Dogger Bank A Offshore Wind Farm, Neart na Gaiothe Offshore Wind Farm and Moray Offshore Wind Farm (West), estimated to be worth a combined total of around £2 billion.

2 years ago

‘Final piece in the jigsaw’: Orkney link gets green light

2 years ago