July news in brief
Construction of a €1 billion subsea power line between Ireland and France is crucial to protecting the State’s energy supply in the event of a hard Brexit, according to EirGrid chief executive Fintan Slye.
Archive
July people news
Systems design company Faraday Grid has appointed former Green Investment Bank group operations director Rob Cormie as its chief operating officer.
July Parliamentary Report
Theresa May’s considerably weakened government has announced the parliamentary programme for the next two years. Few commentators believe she will still be PM at the end of that period.
EMR delivery body: must do better
National Grid must improve its performance in its role as EMR delivery body, Ofgem has said in an annual review.
Community energy projects look towards corporate PPAs as capital costs fall
The community energy sector now totals 121MW of generation across England and Wales with another 11MW in planning, the sector’s annual conference heard. By far the largest proportion of capacity – 80% - was from solar PV projects.
Get ready to manage fast-response trading
Andre Jaeger is product manager at OpenLink Financial. As the company launches cloud-based services for companies that supply energy, Janet Wood asks him about evolution in energy trading
Centrica slashes large generation fleet
Centrica is to sell the Langage and South Humber Bank to EP UK Investments for £318 million.
End of an era as Rough storage closes
Centrica has announced that the Rough offshore storage facility, the UK’s largest gas store, will not reopen. The site has reached the end of its life and in any case, its owner said, reopening the store would not be economic.
Ofgem plans to clear ‘cap and floor’ underwriting for three more interconnectors
Ofgem is proposing that all three interconnectors put forward in its most recent “window” benefit from its “cap and floor” regime, under which consumers underwrite the project and profits are capped.
Will small peaking plant owners challenge Ofgem’s Triad decision?
Small generators that operate peaking plant are considering whether to launch a legal challenge to Ofgem’s decision to reduce the financial benefits that accrue to generators that are not connected to the transmission network.