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Utility Week 21st June 2019

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UTILITY WEEK | 21ST - 27TH JUNE 2019 | 5 Iona Capital, a low-carbon sustainable fund manager, has struck a deal with the Wensleydale Creamery in the Yorkshire Dales to produce over 10,000 megawatt-hours of energy a year from cheese-making leftovers. Utilising anaerobic digestion, Iona's Leeming biogas plant in North Yorkshire will transform whey permeate, a by-product of the production process, into nearly a million cubic metres of green gas. That gas will be used to produce enough thermal power to heat 800 homes. ELECTRICITY SSE to close Fiddler's Ferry SSE is to close the remaining operational units of its Fiddler's Ferry power station in Warrington, Cheshire. The energy giant, which employs 158 people at the site, has started consulting employees and trade unions with a view to closing the station by 31 March next year. Fiddler's Ferry is SSE's last UK coal-fired power station and the company announced in March this year that it was closing unit 1. The government is committed to phasing out coal plants by 2025 and this week became the first advanced economy to set a target of net zero emisions by 2050. Cadent recruits new CEO from United Utilities' ranks Cadent has appointed United Utilities' chief operating officer Steve Fraser as its new chief executive. He will take up the post in the autumn. Steve Hurrell, who has been acting as Cadent's interim chief executive since Chris Train announced plans to retire in Febru- ary, will return to his role as chief financial officer. Cadent said Fraser brings a wealth of experience in "leading teams through change, managing and transforming infrastructure businesses". He will lead Cadent into the next price review, RIIO2, with the company promising to "put the customer at the heart of everything it does". Prior to his current position Fraser was responsible for running United Utilities Energy and Con- tracting Services, a global utilities outsourcing and asset manage- ment business with a turnover of £750 million. APPOINTMENTS "This register could unlock huge value for consumers and drive the energy transition." Carolina Tortora, head of innovation at National Grid System Operator, on the initiative to build a "first-of-a-kind" register for generation and storage assets using blockchain technology. £90m Amount Privilege Finance will be investing in 14MW of new green energy projects in 2019. £5.25/MW/h Clearing price for National Grid's first weekly frequency response auction. New Build Generating CMU Unproven DSR CMU 4 1 2 26 76 3 6 11 75.516 7.82 4.735 195.48 2030.561 1025 22.557 264.527 Biofuel Coal Diesel Distillate DSR Gas Interconnector Storage - Battery Storage - Pumped Waste Capacity awarded: 3626.196 MW CMUs awarded: 129 4 4 1 105 98 24 1 4 1730.766 36.153 66.598 1132.56 2590.859 112.957 85.968 38.3 Capacity exited: 5794.161 MW CMUs exited: 241 Coal mine methane The delayed year-ahead (T-1) capacity market auction for the coming winter has cleared at a record low price of £0.77/kWh. Gas gen- erators and intercon- nectors accounted for more than three-quar- ters of the contracted capacity. Batteries and demand-side response fared poorly, with a sig- nificant share of both technologies failing to secure an agreement. Results of the T-1 capacity auction Breakdown by primary fuel type

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