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…
Ireland faces an uncertain future: international tax regulations are to change affecting our corporate tax take, COVID-19 has transformed how we live and work, Brexit creates challenging uncertainties for trade, and climate change will transform our world. There is however an opportunity emerging that will give Ireland control over its destiny creating long-term jobs, a…
Robert Buckley, head of relationship development at Cornwall Insight, said: “Cornwall Insight modelling suggests it now looks likely that we will see a substantial rise in the summer energy price cap period, completely reversing the fall that was seen in October. This increase was driven mainly by a rebound in the wholesale cost of energy over the latter…