Energy consumers face £172m bill for collapse of 11 suppliers

  • By EvaLawrence
  • By January 01, 70

Energy consumers will be forced to foot a £172m bill to cover the cost of the collapse of 11 energy suppliers since the start of last year. Citizens Advice said almost 30 million households will need to bail out the bust energy suppliers through their bills, while 32,000 may also be targeted aggressively by debt collectors hired by their administrators. The charity said it has helped more t...

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Clean electricity overtaking fossil fuels in Britain

  • By EvaLawrence
  • By January 01, 70

For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019. National Grid says clean energy has nudged ahead with 48% of generation, against 47% for coal and gas. The rest is biomass burning. The transformation reflects the precipitous decline of coal energy...

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Fossil fuels produce less than half of UK electricity for first time

  • By EvaLawrence
  • By January 01, 70

Zero-carbon energy sources are poised to overtake fossil fuels as the UK’s largest electricity source over a full calendar year. This year will be the first that fossil fuels make up less than half of the electricity generated, according to National Grid, following a dramatic decline in coal-fired power and rising renewable energy. Instead, UK homes and businesses will rely more on clean e...

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BayWa smashes target in green bond debut

  • By EvaLawrence
  • By January 01, 70

BayWa has secured hundreds of millions for its renewable pipeline via its first ever green bond raise, which ended in oversubscription. Contacted by PV Tech today, the firm said the €500 million (US$560 million) structure it recently placed produced an order book of €750 million (US$840 million) from interested investors. The green bond, issued on the Luxembourg Stock Exchange, comes wi...

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Solar rooftops, batteries to power Toyota buildings in five countries

  • By EvaLawrence
  • By January 01, 70

Solar rooftops are to be deployed at Toyota facilities across five countries, with plans to exploit synergies with existing lithium-ion batteries. Contacted by PV Tech today, consultancy Eneo Solutions said up to 8MW of PV will be added to buildings of Toyota Material Handling Group (TMHG), a warehouse gear-making unit within the Japanese multinational. Eneo will own the installations and su...

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£90m investment in UK green energy market

  • By EvaLawrence
  • By January 01, 70

Specialist energy from waste funder Privilege Finance has announced £90 million (€100 million) of investment to fund 14MW of new green energy projects so far in 2019, enough to power approximately 28,000 homes. Once built and running at full capacity, these projects will be converting 175,000 tonnes of food waste which would otherwise have ended up in landfill, as well as agricultural wastes...

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Cracking cheese, Gromit! Wensleydale waste to heat 4,000 homes

  • By EvaLawrence
  • By January 01, 70

The crumbly cheese beloved of TV duo Wallace and Gromit will soon help heat thousands of Yorkshire homes with renewable “green gas” made from cheese waste. The Wensleydale Creamery has struck a deal to supply the waste whey from its cheese factory to a local bioenergy plant that produces enough renewable biogas to heat 4,000 homes. The Leeming biogas plant, which currently runs on ice-cream...

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UK to be left with five coal power stations after latest closure

  • By EvaLawrence
  • By January 01, 70

The UK’s race to increase renewable energy sources has intensified with the announcement of plans to close another coal-fired power station. The news on Thursday came as last winter was revealed to be the greenest yet for the country’s energy system, after strong winds produced more renewable electricity and coal-fired power dwindled. SSE said Fiddler’s Ferry near Warrington, Cheshire,...

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North-east investment group has offshore wind ‘firmly’ in its sights, Sir Ian Wood says

  • By EvaLawrence
  • By January 01, 70

An investment fund created to establish diversification across the north-east of Scotland has offshore wind “firmly in its sights”, according to Sir Ian Wood. Sir Ian, chairman of Opportunity North East (ONE), announced last night at the organisation’s annual general meeting that it was targeting the energy transition to safeguard the region’s economic future. He said ONE will look t...

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Biomass plant plans resurrected on old Llynfi Power Station using waste instead of clean woodchip

  • By EvaLawrence
  • By December 06, 19

Plans for a biomass plant on the site of the old Llynfi Power Station have been resurrected – but rather than using clean woodchip the company behind the renewed project wants to use waste. The biomass plant near Llangwynyd, Maesteg, received planning permission from Bridgend County Borough Council (BCBC) in 2011. However it was never built due to government biomass subsidies ending and ...

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