Britain’s power grid has repeatedly fallen below its targeted frequency level this year, raising fears that it is struggling to cope with intermittent energy supplies. It comes amid rising international energy costs and a recent drop in wind power due to particularly still weather. Earlier this week the UK was forced to bring a coal-fired power plant…
The energy watchdog said the increase will affect 15 million U.K. customers between October 2021 and March 2022. Around 11 million households on default tariffs paying by direct debit will see a GBP139 increase, to GBP1,277, compared with the summer 2021 price. Four million prepayment customers will see a GBP153 raise, to GBP1,309, it said.…
Work on a new state-of-the-art energy stabiliser will begin in Moneypoint Generating Station in the coming weeks. The €50m synchronous compensator is a key aspect of the ESB’s multi-billion Euro Green Atlantic development. The new compensator will be the first in the country and will incorporate the world’s largest flywheel used for grid stability. Due…
The PSO levy is paid by all electricity customers in Ireland and is used to support the renewable energy sector. Following a review of the PSO cost submissions, the CRU’s final calculation is that a PSO levy of €263.70 million will be required for the 2021/22 PSO year. This represents a decrease of €129.43 million…
The UK is looking to bring Irish firms on board for joint bids in future renewable energy projects, including offshore wind. Britain’s trade envoy to Ireland told the Irish Independent that offshore wind was a major opportunity for investors on both sides of the Irish Sea, as both governments have made made ambitious renewable electricity targets. “It’s all about building…
More people are facing increases to their electricity bills after provider Pinergy became the latest to announce an increase to its standard residential energy prices. The company said the move follows sustained issues in the wholesale energy market and national grid, which are causing “unprecedented pricing pressures”. The change, which will take effect from August 23rd,…