One-in-four European gas power plants ‘runs at a loss’ amid energy price shocks

Nearly $3.5 billion in the UK is at risk even if new gas plants run for their full lifetime, new research finds

More than 50,000 households to save £135 per year after Firmus Energy gas price drop

The main reason for the price cut is a significant decrease in wholesale gas costs

DONG Energy partners on flexible gas plants

DONG Energy has signed an agreement with a gas power firm to help balance production and consumption in the UK grid. The Danish firm, which has recently announced a name change to Ørsted, will partner with Gas Power Developments and project developer GAM Capital for the operation of three 6MW flexible gas peaking plants. The […]

Major fleet owners trial natural gas lorries

Natural gas powered lorries are to be road-tested by six of the UK’s major fleet operators. Project managed by technology and services firm Air Liquide, the trial will be funded in part by the Office for Low Emission Vehicles (OLEV) and Innovate UK. It will see businesses working in the transport and logistics sector, including Kuehne + Nagel, […]

Gas system balanced – DMR

The gas system is balanced today, according to npower’s daily market report. That’s because exports via the UK Interconnector have increased to 32mcm. The linepack is forecast to close 3mcm long. Langeled flows are still in line with yesterday’s levels at 42mcm. Sarah Astley from npower’s optimisation desk said: “Following the unplanned outage which commenced […]

Chocks away! Gas plant proposed on WW2 airfield

A gas-fired power plant could be built on a former airfield used during World War Two. A new UK energy developer Progress Power wants to build the £200million plant on the Eye Airfield in Suffolk. Eye Airfield already hosts two wind turbines and the Eye chicken litter power plant and has an area the Mid-Suffolk […]

SSE boss warns of energy “crunch” in three years

SSE boss Ian Marchant yesterday warned of a “capacity crunch” in the next three years which the Government is “significantly underestimating.” The outgoing chief executive – who is stepping down after more than 10 years in the job this summer – made the comments after a review of the generator’s existing thermal power plants as […]

Danger of shrinking electricity margin warns ScottishPower

The country is in danger of a squeeze on its electricity margin of 3% which is a “real issue” for our energy supply, the Chief Corporate Officer of ScottishPower warned today. This margin is the difference between our peak electricity demand and how much spare power generation we have to cover this peak demand. Speaking […]