Want to create new revenue streams for your business?

Are you interested in creating new revenue streams for your business? If so, don’t forget to add Energy Live Expo in your diary which is taking place on 2nd November at the QEII in London. Stuart Duncan, Flexibility Business Development Manager at DONG Energy will show how the company’s Renewable Balancing Reserve can help firms […]

DONG Energy partners on flexible gas plants

DONG Energy has signed an agreement with a gas power firm to help balance production and consumption in the UK grid. The Danish firm, which has recently announced a name change to Ørsted, will partner with Gas Power Developments and project developer GAM Capital for the operation of three 6MW flexible gas peaking plants. The […]

INEOS wraps up DONG Energy’s North Sea buyout

Petrochemicals giant INEOS has completed the purchase of DONG Energy’s oil and gas business for $1.05 billion (£0.79bn). The deal, which will see 430 staff join INEOS’s Oil & Gas Business, positions the company in the 10 ten firms in the North Sea. It includes long life and development fields, producing an average of 100,000 […]

UK awards contract for world’s biggest offshore wind farm

DONG Energy has been awarded a contract to create the world’s biggest offshore wind farm. The Hornsea Project Two has been guaranteed a strike price of £57.50/MWh under the Contracts for Difference (CfD) scheme – 50% lower than the previous round two years ago. Under the CfD scheme, renewable generators bid for the contracts and […]

First power produced at 659MW UK offshore wind farm

Electricity has been generated for the first time at the Walney Extension Offshore Wind Farm. A total of 40 turbines have been installed so far and power is now being exported to the National Grid. Located off the coast of Cumbria, the wind farm will have a total capacity of 659MW when the rest of […]

ABB to supply battery storage for UK wind farm

ABB has won an order to provide battery storage technology for an offshore wind farm in the UK. It will deliver a 2MW battery storage system to support the integration and transmission of power from the Burbo Bank wind farm near Liverpool. DONG Energy’s 90MW facility has been in operation since 2007 and is capable […]

DONG Energy sells 50% stake in offshore wind project

DONG Energy is selling 50% of its interest in an offshore wind farm in Germany. The 450MW Borkum Riffgrund project is currently under construction and is expected to be fully commissioned in 2019. Global Infrastructure Partners (GIP) is buying the 50% share for €1.17 million (£1.05m), which is payable until 2019. The offshore wind farm […]

Wales’ water goes green in new wind deal

A water company in Wales has signed a deal to source its power from a renewable energy supplier. Welsh Water awarded a five-year contract to DONG Energy to provide green power across its operational sites, of which there are more than 4,000. The not-for-profit company, which is the fifth largest business in Wales, supplies 828 […]

EU clears INEOS’ buyout of DONG’s oil and gas business

The European Commission has approved the takeover of DONG’s oil and gas business by UK petrochemicals giant INEOS. It comes after the Danish firm agreed to sell its oil and gas exploration and production unit for $1.05 billion (£810m). That includes a mix of long life and development fields, producing an average of 100,000 barrels of […]

Open Energy Market wins Consultant of Tomorrow award

The Consultant of Tomorrow award has been presented to Open Energy Market. It was revealed during a ceremony at the award-winning Energy Live Consultancy Awards (TELCA) in London. Nearly 600 people attended the event in London today, celebrating the best of the best TPIs and consultants in the energy industry. The judges said: “Open Energy […]

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