Biomass

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Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.
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Crown Estate Scotland has raised the maximum option fees for its ScotWind offshore wind leasing round by ten-fold to £100,000/km². The decision follows a review of the arrangements that was launched after the winners in the Crown Estate’s fourth offshore wind leasing round for England and Wales agreed to pay option fees initially worth £879 million per year for almost 8GW of capacity its first competitive bidding process.
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Latest in Biomass

The UK could secure two thirds of its electricity needs from renewable energy sources by 2030 at no extra cost to meeting half of total demand. This is according to the National Infrastructure Commission (NIC), which cites the plunging cost of solar and wind power in recent years as a spur to go “further, faster without hitting consumers in the pocket”.
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Renewables’ share of the electricity generation rose by 4 percentage points during 2019 to reach a new record of 37.1 per cent, according to the latest edition of the annual Digest of UK Energy Statistics. Wind alone accounted for a fifth of all generation – 10 per cent each from onshore and offshore – another new record.
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Simec Atlantis Energy (SAE) has revealed it is exploring options to build data centres within the Uskmouth power station development site in Newport. The company has also announced that due to disruption caused by Covid, the Uskmouth project will now be developed in two phases.
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Drax has announced plans to hold a second trial of bioenergy with carbon capture and storage under a partnership with Mitsubishi Heavy Industries (MHI). A new pilot facility will be installed at its Yorkshire power station and used to test whether two of MHI’s proprietary solvents are suitable to extract carbon dioxide from the biomass flue gases.
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Biomass fuel supplier Stobart Energy has announced it has appointed a new chief executive amidst a series of changes to its board. Elsewhere in the sector, South Staffs Water and Cambridge Water has appointed a former Pennon executive director has its new managing director.
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A question mark remains over the long-term availability of bioenergy supplies in the UK, with fresh analysis recquired to establish whether feedstocks can continue being imported out to 2050. National Grid Electricity System Operator gave the warning in a new report examining several of the key uncertainties identified in its Future Energy Scenarios for 2019.
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Onshore wind and solar projects will be allowed to bid for Contracts for Difference for the first time in many years after the government confirmed plans to hold an auction for more established pot 1 technologies in 2021. The Department for Business, Energy and Industrial Strategy has also proposed a series of other changes to the scheme, including the creation of a separate pot for offshore wind.
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The boss of Drax has confirmed the group may not go ahead with the replacement of its coal units with new gas turbines, saying "the lifetime of gas is probably getting shorter”. Chief executive Will Gardiner was speaking to Utility Week after the company announced plans to cease generation from its two remaining coal units from March 2021.
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Drax has stated its intention to cease generation from its last two coal units from March 2021, although they will remain available until September 2022 in line with its existing Capacity Market agreements. The announcement follows its failure to secure contracts for either unit in the recent T-3 capacity auction and was made as part of its full-year results for 2019.
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Organisations that do not embed a sustainable strategy will lose out, according to Gillian Huart, of Engie Impact
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