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Market for new-build renewables doubtful to meet net zero

Market for new-build renewables doubtful to meet net zero: The current market and options available for new-build renewables are inadequate to keep the UK on track to its net zero target. According to National Grid Future Energy Scenario (FES), the UK needs approximately 87-113GW (scenario dependent) of renewables capacity by 2030 and 197-231GW by 2050.…
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Scottish generator's transmission network charges still rise

Scottish generator’s transmission network charges still rise

Scottish generator’s transmission network charges still rise: Further research into National Grid‘s 5-year view of Transmission Network Use of System (TNUoS) charges by Cornwall Insight highlights, annual TNUoS costs for a typical 40MW onshore wind site in Northern Scotland are forecast to rise to £1.28mn by 2025-26. This is an increase of 180% in nine…
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National Grid confer on energy from Scotland to Yorkshire

National Grid confer on energy from Scotland to Yorkshire: National Grid will initiate a consult on a new energy project to transfer renewable energy from Scotland to Yorkshire to be held next Monday. The Scotland to England Green Link 2 (SEGL2) will deliver renewable energy from Scotland by way of the North Sea to the…
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National Grid acquires £7.8bn Western Power Distribution

National Grid acquires £7.8bn Western Power Distribution: National Grid has reported the £7.8 billion take over of Britain’s biggest electricity distribution business, Western Power Distribution (WPD). The purchase from PPL Corporation is predicted to permit the group to make a ‘strategic’ portfolio repositioning. The company also said, in the second half of this year, it…
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Set to cut transport emissions is the stone recycling project

Set to cut transport emissions is the stone recycling project:  Recently Siemens Energy has launched a stone reuse project to reduce emissions and construction traffic in Lincolnshire. This initiative will move more than 8,768 tonnes of stone, and was used to build a temporary access road and site accommodation for the Triton Knoll onshore substation…
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Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise: Liquified Natural Gas (LNG) prices and demand have enjoyed unprecedented momentum in recent months, with Asian spot LNG prices reaching an all-time high of 211.94p/th on 15 January. However, LNG’s recording break run has ended in the last few weeks, with prices having fallen significantly. In…
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UK-French interconnector runs with low carbon electricity

UK-French interconnector runs with low carbon electricity: A new interconnector that conducts low carbon electricity to flow between the UK & France by way of a 149-mile underwater power cable, has went into action. The Interconnexion France-Angleterre 2 (IFA2) extends near the seabed among Hampshire in the UK & Normandy in France. The cable has…
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Capacity Market

Cornwall Insight on Capacity Market prequalification

Cornwall Insight on Capacity Market prequalification: On 11 December the EMR Delivery Body (National Grid ESO) published the prequalification registers for the T-1 (2021-22) and T-4 (2024-25) Capacity Market (CM) auctions. The headline figure from the prequalification register is 54.0GW of de-rated capacity has prequalified for the T-4 auction against a target of 41.2GW. However,…
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First COP26 leading sponsors announced

First COP26 leading sponsors announced: SSE, ScottishPower, Natwest Group & National Grid have been reported as the first sponsors of the COP26 climate summit. With one year to go before the event takes place in Glasgow in November 2021, the government announced the Principal Partners will carry the delivery of a successful & ambitious COP…
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Energy partners accelerate offshore CO2 transit & storage

Energy partners accelerate offshore CO2 transit & storage: Energy big leagues bp, Eni, Equinor, National Grid, Shell & Total have launched ‎a recent partnership to speed up the advancement of offshore carbon dioxide ‎transport and storage infrastructure in the UK North Sea. Operating the new infrastructure and serving two proposed projects – the Net Zero…
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