Subsidy-free renewable energy projects are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.
A national network of high speed electric vehicle chargers and large-scale batteries connected directly to the transmission network has been unveiled to offer a new business model to the country’s energy storage market.
E.On and Google are to bring their Sunroof platform to British households in the coming weeks as the companies hope to replicate the success of the solar modelling tool in Germany, where it has been used by more than 10,000 customers.
Drax Group is to launch Europe’s first bioenergy carbon capture storage (BECCS) project, claiming that its success could bring ‘carbon negative’ power to North Yorkshire.
Limejump is seeking to take on 1GW of active battery capacity by 2022 after laying claim to managing one of the largest centrally controlled battery asset portfolios in the world at 130MW.
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Vattenfall has brought online its 22MW battery project co-located with the Pen y Cymoedd onshore wind farm in Wales, becoming the latest company to start delivering sub-second frequency response to National Grid.
Engenie is aiming to install 1,500 electric vehicle chargers nationwide able to charge up to 150kW having secured investment from international banking group Investec last month.
