A 1,400MW floating offshore windfarm, a turbine construction hub and a hydrogen production facility are among the plans to transform ESB’s Moneypoint site into a green energy hub. Today (9 April) ESB announced a multibillion-euro programme that aims to deploy a range of renewable technologies in Moneypoint, Co Clare, which will have the capacity to…
In December, Ofgem gave the go-ahead for 40 billion pounds ($53.4 billion) in spending on utility networks between 2021-2026 to prepare for more renewable power, including a higher-than-planned limit on grid operators’ returns. National Grid said it was pleased to see the increase in allowances and accepted the overall package for its role as electricity…
The National Grid’s £450m project will also establish a network operations centre and aim to improve maintenance across National Grid’s network. Comprising of five elements which are detailed in a government contract put out to tender, the project will focus primarily on the provision, repair, support, and maintenance of fibre connections from National Grid operational…
They said this would help the UK Infrastructure Bank, which will launch in the Spring and operate UK-wide, unlock billions more in private finance to support £40 billion of infrastructure investment that will fire up the economy and help achieve the UK’s commitments on net zero and levelling up. It will also play a key…
The opportunities for further development in the country appear huge, with a grid operator willing to recognise the role energy storage can play in balancing the network. Solar Media Market Research’s Lauren Cook explains what’s happening. Co-authored by Molly McCorkindale, who is also an analyst with our in-house research team. Utility-scale battery storage project activity started…
The recently powered-up IFA-2 is the product of a £700 million shared investment between the National Grid and the French power firm Réseau de Transport d’Électricité (RTE). IFA-2 physically connects the UK and France’s electricity systems, giving Britain access to France’s nuclear and renewable energy and vice versa. With a 1 gigawatt (GW) capacity and as the UK’s sixth operational…