Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Octopus Acquires UK Biomass Plants for NEST-Backed Fund (Int'l.)
Octopus Renewables,Copenhagen Infrastructure Partners
Date: 2021-04-30
Octopus Renewables has invested an undisclosed sum in two UK biomass plants -- one in Brigg, North Lincolnshire the other in Snetterton, East Anglia -- totaling 85.7MW from a joint venture by Copenhagen Infrastructure Partners (CIP) and the contractor Burmeister & Wain, The acquisition was on behalf of and backed by UK workplace pension provider Nest.

In March, Nest hired Octopus Renewables to help invest £250 million of UK defined-contribution pension capital in clean-energy infrastructure this year. Nest, which manages £16 billion of assets from the UK's auto-enrolment scheme is aiming to invest £1.4 billion in the European renewables sector by the end of the decade. (Source: Octopus Renewables, PR, IP&E, 28 Apr., 2021) Contact: Nest, www.nestpensions.org.uk; Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Octopus Renewables,  Biomass,  UK Biomass,  Copenhagen Infrastructure Partners ,  


Notable Quote on UK Woody Biomass, Renewables Disconnect
Woody Biomass
Date: 2020-07-22
"The views of the public are clear: Burning wood for electricity is both unpopular and destructive. It's time for the (UK) government to end the wasteful subsidies for this polluting industry -- especially when people don't even consider it to be renewable energy. In this respect, our data shows a striking disconnect between government policy and public opinion." -- Sasha Stashwick, NRDC

A new online YouGov poll has found only 23 pct of Britons think electricity generated by burning forest woody biomass should be classified as "renewable energy". Additionally, 55 pct also disagreed with the Government's continued subsidies for this dirty source of energy as part of the UK's renewable energy strategy. Currently, the government gives more than £2 million per day in subsidies to power stations that burn biomass.

While wind energy has 80 pct public backing and solar has 82 pct, only 3 pct say the Government should help companies that burn wood sourced from forests overseas, the poll found. Nearly all UK biomass is imported.(Source: NRDC, Southern Environmental Law Center, 22 July, 2020)Contact: SELC, David Carr, General Counsel , 434-977-4090, www.southernenvironment.org; NRDC, www.nrdc.org

More Low-Carbon Energy News NRDC,  Woody Biomass,  UK Woody Biomass,  Wind,  Solar,  


Cheshire UK 21.5MW Biomass Plant Begins Operations (Int'l. Report)
Bioenergy Infrastructure Group
Date: 2019-03-27
In the UK, the Reading-based Bioenergy Infrastructure Group (BIG) reports its new 21.5MW , Ince Bio Power biomass power station in Cheshire has completed testing and is now in production. The plant uses advanced thermal treatment to produce a combustible gas by heating waste wood in a near oxygen-free environment. This gas is then burnt to generate electricity. The power station will process up to 170,000 tpy of waste wood and cut greenhouse gas emissions by 65,000 tpy.

BIG presently operates multiple biomass and energy-from-waste plants in the UK and has several more under development or construction, according to the company. (Source: Bioenergy Infrastructure Group, Utility Week, 26 Mar., 2019) Contact: Bioenergy Infrastructure Group, Neil Bennett, CEO, +44 118 929 8350, bioenergyinfrastructure.co.uk

More Low-Carbon Energy News Woody Biomass,  Biomass,  UK Biomass,  

Showing 1 to 3 of 3.