UK’s first large scale grid battery powered in Orkney

The UK’s first large-scale battery has been connected to the local electricity distribution network in Orkney. The project is part of a trial that aims to find how the intermittent nature of renewable energy generation can be resolved by using large-scale batteries and the role they can play. Scottish Hydro Electric Power Distribution (SHEPD) connected […]

EU bank lends Spain €200m to modernise electricity grid

The European Investment Bank and a Spanish energy company has signed a loan contract for €200m (£172.6m) to modernise its electricity distribution network throughout Spain. The loan will co-finance Iberdrola’s investment programme, with a large number of new supply points to be connected to the existing network with the aim of improving the reliability and […]

Spain gets €475m for power grid upgrade

The European Investment Bank (EIB) has granted a loan worth €475 million (£410.9m) for Spain to upgrade its power grid. The cash will support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations – expected to help improve the safety and […]

Polish energy firm gets €195m for smart grid project

A London-based bank is set to provide funding worth PLN800 million (£165.6m) for Poland (pictured) to upgrade it electricity distribution network. Polish energy company ENERGA – one of the largest power utilities in the country – will use the cash to introduce an advanced smart metering system and implement efficiency improvements to the network. The […]