August news in brief
Electricity North West has joined the Piclo Flex consortium. Piclo Flex is an online marketplace for DNOs that wish to procure demand-side flexibility to reduce congestion on the electricity grid.
Archive
Thousands of small power plants need 'ride-through' upgrades
Generators that operate small plant less than 5MW in capacity will have to change the way in which they operate their plant to stop faults propagating across the electricity system and causing local blackouts.
Robin Hood joins Warm Homes
Robin Hood Energy has announced it has made an operating surplus in its third year of trading. The company accounts, submitted to Companies House, have been independently audited to verify a trading surplus of £202,000.
Scottish company
Holyrood’s Economy, Jobs and Fair Work Committee has invited the public and other stakeholders to give their views on the feasibility of a not-for-profit, publicly owned energy company.
Gravity wins
Energy SRS’s Gensis project has received a £727,000 grant from Innovate UK.
The Gensis project uses a large mass, raising it when power is available and lowering it when the stored energy is required.
Cornwall community
Community-owned energy co-operative Community Power Cornwall has acquired wholly owned subsidiary West Country Renewables for £1.34 million.
Providers want ‘flex first’ approach to grid upgrades
Industry groups have called on the government and Ofgem to incentivise network companies to prioritise the procurement of flexibility services before they take traditional reinforcement measures.
Solar changes hands
Next Energy Solar Fund (NESF), a specialist investment company for UK solar power plants, has acquired 10 operating solar plants with a total installed capacity of 66.8MWp.
Making a link
Renewable energy strategy consultancy Almach has launched an online renewable energy procurement platform.
EDF wind sale
EDF Renewables has sold a 49% stake in its wind farms to Dalmore Capital and the Pensions Infrastructure Platform, which brings together UK local authority pension schemes. The cash proceeds to EDF at close for the 49% stake are £701 million.