‘Bootstrap’ delay
Completion of the £1 billion Western HVDC link, a subsea electricity cable linking Hunterston in Scotland with Deeside in North Wales, has been delayed until 2017/18 because of cable manufacturing problems.
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Lead bidder for Burbo Ofto
Ofgem has appointed Diamond Transmission Partners (DTP) as the preferred bidder to own and operate the offshore transmission link to the Burbo Bank Extension windfarm for the next 20 years.
Irish ESB hit by lawsuits
State-owned generator ESB is facing a torrent of lawsuits – 387 at the last count – because of its role in flooding in Cork in 2009.
Environmental groups say Irish climate plan ‘lacks ambition’
The Irish Republic’s long-awaited climate change national mitigation plan has been panned by environmental organisations and opposition parties for its lack of ambition and the absence of meaningful targets.
Joint venture launched
Siemens and AES have agreed to form a global energy-storage technology and services company under the name Fluence. It will combine the AES Advancion and Siemens Siestorage energy storage platforms.
Smart meter funding
Foresight Group is launching a smart bonds fund to invest in the UK rollout of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent installed smart meters to UK energy suppliers.
Database delay
Ofgem has confirmed that the timetable for implementing a database of disengaged energy customers has been pushed back.
Northern Ireland RHI scheme cuts face legal challenge
The latest Northern Ireland Audit Office (NIAO) report into the Province’s botched non-domestic Renewable Heat Incentive scheme shows that during the financial year 2016/17, the Department for the Economy and the Northern Ireland Executive had to
Efficiency link to loans ‘aids savers’
Many homebuyers would be able to take out a larger mortgage if the property’s energy performance rating was factored into the lending criteria of mortgage providers, according to the latest research.
Npower links with Allianz
Npower has announced plans to link with German insurance giant Allianz to provide home insurance and services.