Energy
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OMV Petrom has secured financing for new Romanian wind capacity. The permitted 50MW Gura Văii project should generate around 110GWh annually within a wider 1GW development portfolio.
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Zenobē has acquired a major German battery storage development platform. The six-site, 1.75GW pipeline gives the company an immediate position in transmission-connected storage and emerging markets for grid-forming and system-support services.
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Ofgem has extended its review of balancing-charge reset arrangements further. CMP474 and CMP475 would allow fixed BSUoS tariffs to change when balancing expenditure places exceptional pressure on NESO’s working-capital facility.
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Ofgem proposes binding data-practice duties for licensed energy code managers. The consultation would place digitalisation strategies, interoperability, accessibility, and data-governance requirements within standard licence conditions.
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NESO is increasing day-ahead restrictions across four electricity interconnector links. The change covers routes to Norway, Denmark, Belgium, and France where forecast flows could create unresolved British system-security constraints.
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SP Energy Networks has advanced another major Scottish transmission reinforcement. Denny–Wishaw combines 400kV uprating, new overhead line, substation extensions, transformers, and cable work to release around 1GW of renewable capacity.
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EDF has extended two British nuclear stations through March 2030. Heysham 1 and Hartlepool are expected to generate another 28TWh under continuing inspection, maintenance, and regulatory oversight.
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European transmission operators want stronger investment conditions for electrification delivery. ENTSO-E is seeking regulation that recognises resilience, cybersecurity, flexibility, and system stability alongside cost efficiency.
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Germany has opened its first long-term electricity capacity market auction. The 4.5GW procurement offers 15-year commitments under detailed de-rating, delivery, security, and grid-support conditions.
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Ofgem has proposed rewards for innovative electricity transmission project delivery. The RIIO-ET3 mechanism would assess acceleration, evidence, repeatability, and long-term consumer value.