(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
(IN BRIEF) Iberdrola’s subsidiary, SP Energy Networks, has acquired the tech company Derryherk to enhance the efficiency of the UK’s electricity distribution network. Derryherk’s digital twin technology will improve SPEN’s ability to detect faults, forecast capacity constraints, and actively manage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged acquisition, Derryherk, Guy Jefferson, Iberdrola, net-zero goals, partnership, Smart Grid, SP Energy Networks, sustainability, UK
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