Local authorities will be ‘pooled’ and preparing to make major investments in April 2018 – just as developers are expected to be selling projects and recycling capital.
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EirGrid, Ireland’s electricity grid operator, will replace the Grid West electricity transmission project with a smaller-scale development because there will be less new wind generation in the North Connacht region than expected.
Stobart Group will be seeking to recover costs from delayed biomass-fuelled power plants that have required less fuel than expected, it said in a trading update.
Three offshore wind farms with a capacity totalling 3.2GW have won agreements in the government’s latest contracts for difference auction.
The UK should re-examine its energy-from-waste strategy in the light of Brexit and the opportunities that advanced conversion technologies (ACT) offer, the industry says.
Garrett Blaney has been appointed as the next chairman of the ACER board of regulators. He is a commissioner at the Commission for Energy Regulation in Ireland.
Uncertainty about the UK’s participation in the EU Emissions Trading Scheme (ETS) beyond 2019 “is causing issues in the market now”, according to Eurelectric.
E.On has said that it is now in “advanced negotiations” to sell its remaining stake in Uniper to Finnish utility Fortum. Agreement may be reached this year, the company said.
Hinkley Point C is not an economically attractive project for its investors, chancellor Philip Hammond has suggested.
Maas Capital (part of the ABN AMRO Bank) is to invest £160 million to fund the installation of solar panels from Solarplicity on affordable housing in England and Wales.