Brexit: now is the time for relocations
Now is the time that companies could begin to take dramatic action to prepare for Brexit, whether that involves relocating or re-examining contracts and relationships.
Archive
Ofgem moves on network competition plans
Ofgem has reiterated its plans to introduce more competition in onshore networks.
Information is key to value in opaque market
How can companies step into new flexible markets? Bertie Readhead is associate director, energy and infrastructure advisory, at Jones Lang LaSalle.
SSE takes Seagreen
SSE has taken full ownership of offshore wind projects being developed by Seagreen Wind Energy – in which it had a 50% share – acquiring the remainder from Fluor.
The Seagreen projects are in the outer Firth of Forth and Firth of Tay.
Ofto tenders
A tender will open on 29 October for three offshore transmission assets, Ofgem has announced. The regulator says the three links will together be worth more than £2 billion.
The assets are links to three offshore wind farms:
Sandbox finds information is key
The outcome of Ofgem’s first “regulatory sandbox” suggests that there could be more energy innovation in current regulatory arrangements – but innovators need help to navigate complex arrangements.
Blockchain in action
EDF Energy and UK Power Reserve, part of the Sembcorp Group, have completed the first transfer of a Capacity Market obligation using a trading platform built by Electron and underpinned by blockchain.
Catapult funding
The Offshore Renewable Energy (ORE) Catapult has launched a project to accelerate offshore turbine power train research and development activities.
Test turbine remains
The 7MW Levenmouth offshore wind demonstration turbine in Fife will be available until 2029 after it won permission from the Scottish Government to remain in operation.
Funding ended
Standard Chartered bank has announcing it will no longer provide financing for new coal-fired power plants anywhere in the world, “save where there is an existing commitment”.