Renewables rollout making UK electricity supply ‘more British’, analysis finds Energy The UK’s rollout of wind and solar power over the last decade has made its electricity supply “more British”, with significantly less reliance on imported gas, analysis has found. Last year, just under half of Britain’s electricity supply was powered by foreign energy imports, said researchers at the Energy and Climate Intelligence Unit (ECIU), down [...]
Plans for £1bn battery gigafactory and over 1,000 new jobs revealed Energy Plans to create a £1bn 10GWh battery gigafactory in Coventry which will create over 1,000 jobs by 2030 have been revealed. Volklec, a battery manufacturing start-up which set up shop in the West Midlands city last year, has entered into an exclusive license agreement with China-based Far East Battery (FEB). The deal will see Volklec [...]
Probe launched into £2.1bn takeover of Electricity North West by ScottishPower owner Energy The competition watchdog has launched a probe into a £2.1bn deal to takeover Electricity North West by the owner of ScottishPower. The Competition and Markets Authority (CMA) is looking into the deal which was first announced by Iberdrola in August last year. The watchdog said it was investigating whether the deal may affect competition in [...]
National Grid plans to double energy transmission with huge investment December 18, 2024 National Grid said its business plan would be the "most significant step forward in the UK's transmission network for a generation."
Ofgem consults fund to speed up UK power projects November 20, 2024 The new scheme would provide billions of pounds to help owners cut delays, bring down costs and attract international investment, Ofgem said.
National Grid set to earn windfall from Electricity System Operator sale October 3, 2024 National Grid has said it expects to earn roughly £70m more than previously anticipated from its Electricity System Operator (ESO), which it sold to the government last month.
Britain’s last coal-fired power station set to close in landmark moment September 26, 2024 The UK’s last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain’s 142-year reliance on the fossil fuel to produce electricity. Ratcliffe-on-Soar power station has been generating electricity since 1968 via its four coal-fired boilers, eight vast cooling towers and 199-metre tall chimney, which occupies a prominent [...]
Balfour Beatty awarded part of National Grid’s upgrade project September 13, 2024 International infrastructure group Balfour Beatty has been awarded a £363m contract as part of National Grid’s RIIO-2 framework. The contract is part of the Bamford to Twinstead Reinforcement project, which aims to reinforce East Anglia’s electricity network as part of the country’s green energy build-out. The company will replace the existing electricity network with a [...]
UK’s largest electricity transmission project gets green light from Ofgem August 13, 2024 The £3.4bn Eastern Green Link Two, described as a subsea "superhighway," will run for 436km between Yorkshire and North-East Scotland.
Energy secretary decries Labour’s ambition to de-carbonise the UK electricity grid as ‘pure politics’ March 12, 2024 Speaking at international affairs think-tank Chatham House, Coutinho denied accusations from journalists and the audience that energy policy was being used as a political football and insisted the conservative road map was based on facts.