This week’s issue of Current± Price Watch – powered by Enact - looks at the causes of negative energy prices over the weekend, Ofgem’s price cap forecast and the effects of the falling imbalance prices.
The UK Government yesterday (11 May) set out new proposals to improve reward schemes offered to communities living locally to onshore wind farms.
SUSI-Eelpower, a joint venture between SUSI Partners and Eelpower, and EDF Energy have brought Scotland’s “largest” standalone battery storage asset online, the companies said.
Great Britain (GB) returned to being a net importer of electricity in the first quarter of 2023 while renewable generation was the largest contributor to the power generation mix, says EnAppSys.
Renewable power generator Statkraft has purchased two wind farms in Shetland with an approximate generation capacity of 120MW.
SSE is set to install the “world’s first” High Voltage Direct Current (HVDC) at the Dogger Bank wind farm, the energy supplier said.
Katrick Technologies is developing a new wind mapping software to help capture wind energy from ground level, which the green technology developer said will be a “first in the market.”
This week’s issue of Current± Price Watch – powered by Enact – looks at the significant drop in imbalance prices due to cheap renewable energy, the substantial support for solar, nuclear and offshore wind shown the G7 ministers and proof of the benefits of consumer energy flexibility.
Energy think-tank Ember has revealed in its Global Electricity Review 2023 that the UK recorded a 23% increase in wind generation capacity last year.
SSE Renewables has announced the installation of the world’s deepest offshore wind turbine foundations at what will become Scotland’s largest offshore windfarm off the coast of Angus.
