Electricity North West, which operates the power network throughout the region, has revealed that it expects peak electricity demand in the North West to increase by up to 50% in the next 20 years, as the region transitions to a low carbon future and moves away from its reliance on fossil fuels.
Stockton-based mechanical, electrical and water management services provider JH Mechanical Services has received a loan from NPIF – FW Capital Debt Finance to help the company service its growing portfolio of clients and take on new staff.
On 9 December, the UK experienced a negative day-ahead trading price for the first time, with prices for 03:00 AM to 04:00 AM UTC delivery on the hourly day-ahead auction dropping to -£2.84/MWh. James Brabben, wholesale manager at Cornwall Insight, looks at what this means for the energy industry.
Depots and offices owned by Electricity North West are now being powered by renewable energy generated from Walney Wind Farm off the coast of Cumbria, as part of the North West's move to become carbon neutral.