Renewables predicted to be 61% cheaper than gas in 2025 – DESNZ
According to a report by the Department of Energy Security and Net Zero (DESNZ), offshore and onshore wind is set to be 61.4% cheaper than gas in 2025.
Octopus, UKPN offer free electricity during periods of abundance
Octopus Energy and UK Power Networks will offer customers free electricity when energy supply exceeds demand.
Flotation Energy, Vårgrønn to deliver clean electricity to O&G platforms
Flotation Energy and Vårgrønn have submitted planning applications for an onshore substation to connect the 560MW Green Volt offshore wind farm.
Virgin Money funds Ripple Energy’s third consumer-owned project
Virgin Money has granted a £14 million financial package to support Ripple Energy’s 18.8MW consumer-owned wind farm in Ayrshire, Scotland.
Marine energy in Wales receives ‘record-breaking’ investments over the last year
According to a State of the Sector Report released today (27 June) the marine energy sector in Wales has received a “record-breaking” £103.4 million in investments and spending last year.
Renantis and Ventient Energy combine to create one of Europe’s ‘largest’ IPPs
Renewable energy provider Renantis and renewables business Ventient Energy have joined forces intending to become “one of the largest renewable independent power producers (IPPs)” in Europe.
Wales must double grid capacity by 2035 to meet wind power target
New figures released today (27 June) for Wind Energy Week by trade body RenewableUK Cymru show that Wales will need to double its current grid capacity to accommodate its wind planning pipeline.
Octopus Energy Generation to invest $20 billion in offshore wind by 2030
Octopus Energy is to invest $20 billion (£15 billion) into offshore wind by 2030 with a view to generating 12GW of renewable electricity a year.
Ofgem shortlists four operators for its ‘largest offshore transmission tender ever’
Energy regulator Ofgem has shortlisted four potential operators for its next Offshore Transmission Owner (OFTO) bidding round for projects worth around £2 billion.
Multi-technology Energy Centre helps The Royal Mint in Wales decarbonise
Infinite Renewables is launching a new multi-technology Energy Centre at The Royal Mint in Wales today (19 July).
