SSE nets subsidy free first in Scotland

31/01/2020 10:16 Renewable


Developer to merchant finance 47MW extension of 70MW Gordonbush project

SSE Renewables will build its first subsidy free onshore wind project in the Scottish Highlands.


The developer has confirmed a 47MW extension of its existing 70MW Gordonbush project, located 12km north of Brora.


The expansion will see eleven new turbines installed next to the original 35 turbine site.


The merchant project is one of only a handful to get the green light in Great Britain since the government halted supports for onshore wind in 2015.


SSE Renewables managing director Jim Smith cautioned that merchant financing was only available to the most attractive projects and called on the government to provide some form of revenue stabilization to facilitate future development.


“Onshore wind is the cheapest form of low carbon generation and brings jobs and investment to rural communities. Yet despite the climate emergency, onshore wind construction is at the lowest it has been in a decade,” he said.


“We urge the UK Government to ensure onshore wind can be developed at the pace and scale set out by the Committee on Climate Change by providing investors with more certainty over the income they will receive for generating zero-carbon power in the longer term.”


Smith said accelerating onshore wind development was a potential “quick win” for the Government, which is looking at set out plans to meet net zero targets in the run up to COP26 in Glasgow this year.


SSE has appointed Scottish engineering firm RJ MacLeod to tackle civils and cabling work at the 47MW project and said it will use Highlands and Islands Open4Business platform and host Meet the Buyer events to help get local companies involved.


Daily (02.04.2019): British gas prices near 2009 lows on Wednesday, due to weak demand

02/04/2020 11:30:00

Crude oil prices were bearish on Wednesday, weighed by a steep rise in U.S. crude inventories last week, the biggest weekly rise since 2016, while gasoline demand continued to decline. Consequently, Brent crude for June delivery traded 6.1% lower at $24.74 a barrel. Similarly, WTI futures slid by 0.8% to $20.30 a barrel.


Germany 'closes in' on 2020 renewables goal

02/04/2020 09:49:00

Germany is likely to achieve its binding EU renewable target for 2020, according to the latest figures from the country's federal environment agency.


CO2 may plumb fresh lows this month on virus impact

02/04/2020 09:45:00

The coronavirus pandemic is likely to maintain pressure on carbon prices in April, potentially sending them to fresh two-year lows as the world locks down communities to reverse the pace of infections.