Archives for 2018

View our older news stories from this year.

Batteries on the boil as fund attracts investors

10 November 2018 – Patrick Hosking at The Times Patrick writes: Investors have sunk £100 million into a new listed company that aims to use shipping containers packed with lithium-ion batteries to buy, store and sell electricity. Gresham House Energy Storage Fund claims that it will make a return of 15 per cent a year...

Potential profitability of battery storage in the UK

9 November 2018 – Proactive Investors “Investors have yet to grasp how profitable battery storage in the UK might become” Investors don’t realise the scale of the opportunity in power storage, argues Ben Guest, the manager of Gresham House Energy Storage Fund PLC (LON:GRID). There is a huge boom underway in wind power and while...

More investment needed to keep up with decarbonisation

More than £6bn will need to be invested in the UK’s energy storage market by 2030 if the nation is to decarbonise at the rate necessary to meet legally-binding carbon targets, concludes Aurora Energy Research

SSE seeks nod for 80-MW wind repowering project in Scotland

UK energy group SSE Plc (LON:SSE) is seeking permission for a repowering plan that will lift to 80 MW the capacity of a 18.7-MW wind farm in Scotland

UK’s installed wind power capacity hits 20 GW

The UK’s onshore and offshore wind energy has reached significant milestone of 20 GW pushed by the opening of Orsted’s 659 MW Walney Extension off the coast of Cumbria this month, industry group RenewableUK said Monday.

Solar Fund Launch – Press Release

The Gresham House New Energy team have been speaking to the press about the launch of FIM Solar Distribution LLP’s, “D” Shares offer. Ben Guest, Head of Gresham House New Energy, said: “This Fund expansion will enable us to meet the growing demand we are seeing from investors interested in solar assets. “Ground-mounted solar parks...

The National Infrastructure Commission’s long term vision for sustainable economic infrastructure

The National Infrastructure Commission, set up to address the problems associated with long term infrastructure planning in the UK, has recently published its long term vision for sustainable economic infrastructure. The Commission’s recommendations, which are the result of a two year study, take a cross sectorial approach, with in-depth analysis and wide consultation amongst the...

Recent heatwave helps solar sites reach record levels

The recent heatwave we have experienced in the UK has helped break a number of UK solar records, and highlights the rapid and successful deployment of this crucial renewable energy technology. For about an hour on 30 June 2018, solar panels across the UK, became the No. 1 source of electricity, with a share of...

‘World first’ as wind farm stores power in batteries

An onshore battery storage system has been installed at a floating wind farm off the northeast of Scotland in what is thought to be the first such system of its kind.

UK renewable electricity generation tops 30%, Scotland increases by 11%

This article includes the new figures from the UK’s Department for Business, Energy & Industrial Strategy published on Thursday showed that renewable energy accounted for 30.1% of the country’s total electricity generation in the first quarter, up 3% and boasting record wind generation that accounted for over half of total renewable energy generation.