According to Dr Alastair Martin, negative pricing is more common in the UK’s Day Ahead and Same Day markets than other markets in Europe. Image: Getty. Greater volumes of renewable energy, changing weather conditions and decreased demand have meant negative pricing is become more common in UK energy markets. This is according to Dr Alastair …
How batteries can mitigate the impact of negative energy prices Read More »
BSIF saw its production rise to 836GWh for the financial year. Image: Bluefield Solar Income Fund. Bluefield Solar Income Fund (BSIF) has seen its renewable generation production increase by 22% year-on-year (YoY) to 836GWh. The fund, whose portfolio includes 754MWp of solar and 58MWp of onshore wind, added to to the 688GWh of electricity generation …
Bluefield Solar Income Fund sees renewable generation rise by 22% YoY Read More »
The two BESS projects total more than 80MW/160MWh. Image: Harmony Energy. bp has signed an agreement with battery storage investor Harmony Energy Income Trust (HEIT) for physical power trading and optimisation services of two battery energy storage systems (BESS). The two BESS projects, which are owned by HEIT and expected to come online in the …
bp to provide power trading and optimisation for two Harmony Energy BESS Read More »
This article was written by Nick Bradford, managing director at Atlantic Green UK, a joint venture between Interland and Nofar Energy that invests, develops and operates grid-scale battery energy storage projects in the UK. On the 20th of September, Prime Minister Rishi Sunak announced a new approach to net zero. Sunak was critical of promises made but …
What impact will the Prime Minister’s net zero policies have on BESS development? Read More »
Early design layout of the Rosefield Solar Farm NSIP project. Image: Rosefield Solar Farm. Public consultation has opened on a large-scale solar photovoltaic (PV) project in Buckinghamshire which is at the early stages of development, by co-owners EDF Renewables UK and PS Renewables. EDF said yesterday (28 September) that it is seeking feedback on its …
Consultation for EDF’s second NSIP utility-scale PV project Read More »
The average bid price for RESS 3 saw a slight increase of 2.6% on the 2022 auction at €100.47 per MWh. Image: Christian_Birkholz (Pixabay). The results of Ireland’s third Renewable Electricity Support Scheme (RESS) auction selected 20 solar projects, totalling 497MW, as provisional winners. Published by the EirGrid yesterday (27 September), the results revealed that …
‘Systematic failures’ limit RESS’ 497MW solar success Read More »
The statement comes after an altercation in Derbyshire. Image: Getty. Solar Energy UK has stated that “planning rules have become uneven and unfair” for installing solar panels. A statement released by the organisation highlights an altercation that occurred in Derbyshire when a local resident installed solar panels on her roof. According to the BBC, it …
Battery storage asset owner and operator Varco Energy has secured £58 million of debt financing facilities from NatWest to fund its pipeline of battery energy storage systems (BESS). Varco Energy approached NatWest to facilitate the financing required for its Native River and Sizing John BESS projects, both of which are projected to become operational in …
Varco Energy secures £58 million for UK BESS projects from NatWest Read More »
Nigel Pocklington, Good Energy CEO (above). Image: Good Energy. Renewable energy company Good Energy has seen its H1 2023 revenue increase by 45.6% year-on-year (YoY) driven by higher tariffs due to high wholesale power and gas costs. These rising wholesale costs led to price rises throughout the year leaving Good Energy on £156.1 million for …
Good Energy sees H1 2023 revenue increase by 45.6% YoY Read More »
Solar to be explored as part of Coventry City Council-E.ON partnership. Image: Flickr. Coventry City Council has agreed to a strategic energy partnership with E.ON which could see solar explored as part of the agreement. The partnership, which is believed to be a “first for the UK”, the companies said, will see E.ON become the …
Solar to be explored as part of Coventry City Council-E.ON partnership Read More »
