Financial close for 300MW Spalding open cycle gas turbine

A new open cycle gas turbine project in Spalding has reached financial close today. Construction of InterGen’s 300MW facility is expected to be completed in June 2019. The £100 million Spalding Energy Expansion project won a 15-year capacity contract following a successful bid in the government’s December 2016 auction. The company also hopes to build […]

Drax and Intergen fined for insulation fail

Power plant owners Drax and Intergen today agreed to pay millions of pounds in fines for failing to insulate consumer homes. They were meant to help a certain number of homes get energy saving measures by New Year’s Eve in 2012, under the Community Energy Savings Programme (CESP). Coal plant owner Drax is to pay £28 million […]

Speed up new gas plant at Coryton, minister begged

Plans for a new gas power station in Essex are being held back because investors won’t cough up until the project bags government subsidy. The dilemma was revealed by local MP Stephen Metcalfe yesterday in the House of Commons when he asked Energy Minister Michael Fallon to help avoid “unnecessary delay”. He said energy firm Intergen […]