Page 138 – Current News

March 5, 2024

Chancellor Jeremy Hunt expected to extend EPL oil and gas windfall tax to 2029

Reuters has reported that the chancellor of the exchequer Jeremy Hunt is set to extend the Energy Profit Levy by one year in tomorrow's Spring Budget announcement.

March 5, 2024

Ofgem fines Scottish wind farm £5.53 million for breaching energy market rules

Ofgem has fined electricity generator Dorenell Windfarm Limited (DWL) £5.53 million for charging "excessive prices to reduce output".

March 4, 2024

Six of seven interconnector projects could be rejected from third cap and floor window

Ofgem has opened a consultation on its intended decision to reject six of seven interconnector projects from the third application window for the cap and floor regime.

March 4, 2024

Current± Briefings: Understanding V2G interconnection standards for bi-directional charging stations

In our next Current± Briefings, we sit down with Mike Becker of CSA Group to understand V2G interconnection standards for bi-directional chargers.

March 4, 2024

UK government allocates £120 million to the Green Industries Growth Accelerator

The Treasury has unveiled plans to allocate an additional £120m to the Green Industries Growth Accelerator (GIGA).

A blue sky and sea meet with offshore wind turbines in the distance

March 4, 2024

Dogger Bank D ditches green hydrogen production plans

SSE Renewables and Equinor have squashed plans to produce green hydrogen directly from its offshore Dogger Bank D wind farm.

Image of the IFA2 National Grid Interconnector

March 4, 2024

Ofgem recommends 3.2GW of interconnector capacity for approval

Ofgem has recommended two high-voltage interconnectors between Britain and Europe totalling 3.2GW for approval.

March 1, 2024

UK’s ‘largest electricity transmission project’ hits milestone

Prysmian, Hitaxchi Energy and BAM have signed contracts to supply the subsea cable and converter stations for the Eastern Green Link 2 (EGL2) project.