ScottishPower wins consent for battery storage at 539-MW wind farm

11/06/2019 10:48 Electricity Market

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The Scottish government has given the thumbs-up to the construction of a 50-MW battery storage facility at the site of ScottishPower Renewables’ 539-MW Whitelee wind farm.

The wind farm near Glasgow is the largest one in the UK and has been generating power for 10 years now, ScottishPower Renewables, which owns and operates the complex, said on Monday. The proposed lithium-ion storage capacity will be used to store electricity from the plant’s 215 turbines, the output of which is enough to power almost 300,000 homes in Glasgow.

 

ScottishPower, part of Spain's Iberdrola SA, intends to commence installation works early next year and switch on the facility by end-2020. It will be able to provide reactive power and frequency response services to the National Grid.

Source: renewablesnow.com

Exxon Mobil considers sale of Malaysian offshore assets for up to $3 bln

09/10/2019 14:54:00

U.S. energy giant Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.

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Zimbabwe hikes average electricity tariff by 320% - energy regulator

09/10/2019 13:25:00

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulator said on Wednesday.

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Daily (09.10.2019): European carbon prices reached EUR 23 a tonne on Tuesday, on worries over Brexit negotiations

09/10/2019 10:50:00

Crude oil prices traded lower on Tuesday, after Donald Trump reported that a quick trade deal will unlikely happen soon. Meanwhile, oil prices were supported by protests in OPEC members Iraq and Ecuador, which threatened to disrupt their oil output. Hence, WTI futures fell by 0.2% to $52.63 a barrel, while Brent crude edged 0.2% down at $58.24 a barrel.

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