Energy
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ENGIE has pushed its global storage portfolio beyond 10GW worldwide. European additions totalling 1.1GW/3.3GWh across seven countries drove the latest expansion.
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Vertiv will acquire UtilityInnovation Group to expand data-centre power capabilities. The $1.45 billion deal adds microgrid controls, switchgear, onsite generation orchestration, and behind-the-meter architecture, subject to regulatory approval.
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Flotation Energy and Harbour Energy will assess North Sea electrification. The MoU will examine floating-wind supply options for offshore oil and gas assets, including technical, regulatory, and commercial constraints.
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SSEN Transmission has selected Thainstone for its £150m training centre. The Aberdeenshire facility will train hundreds annually in high-voltage network operations, equipment, maintenance, and emerging transmission technologies.
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Eelpower has acquired the 200MWh Silkstead battery project near Winchester. The 50MW four-hour system is scheduled to enter construction in 2027, with commercial operation targeted for 2028.
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Studsvik has selected partners for a four-reactor Swedish nuclear programme. The proposed 1.2GW BWRX-300 development would use four units at either Nyköping or Valdemarsvik, with first operation targeted for the mid-2030s.
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Germany has approved reforms reshaping offshore wind auctions and delivery. The package adds a two-stage CfD route, permits 20% grid overbuild, extends standard operating periods to 35 years, and now moves to parliament.
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Ofgem proposes new licence conditions for Britain’s energy code managers. Initial changes cover BSC and REC budgets, cost recovery, delivery plans, performance, and transferred governance responsibilities.
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Government is seeking fresh evidence on new Capacity Market technologies. The annual review asks which emerging resources require recognition as distinct generating technology classes for future auctions.
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Government proposes tighter Capacity Market delivery rules before 2027 prequalification. The consultation covers enhanced testing, stronger data requirements, DSR de-rating, and secondary trading ahead of 2028 auctions.