Plans Submitted For Hydrogen Pilot Plant At Humber Power Station
The title of this post, is the same as that of this article on Business Live.
This is the sub-heading.
HiiRoc and Centrica partnership at Brigg moves forward as consent sought.
These two paragraphs complete the original article.
Plans for a hydrogen pilot plant to sit alongside Centrica’s Brigg Power Station have been submitted to North Lincolnshire Council.
The low carbon fuel is set to be blended with gas at the peaking plant, in a tie-up between the energy giant and green-tech start up HiiRoc, in which it has invested. The well-backed Hull-based firm is pioneering a new production method, and was named as KPMG’s Global Tech Innovator for 2022.
I have very high hopes for HiiROC, who in addition to Centrica, have Hyundai and Kia as investors.
Endorsement from KPMG is surely positive.
Cap And Floor Mechanism The ‘Standout Solution’ For Long Duration Storage, KPMG Finds
The title of this post, is the same as that of this article on Current News.
These are the first two paragraphs.
A cap and floor regime would be the most beneficial solution for supporting long duration energy storage, a KPMG report has found.
Commissioned by Drax, the report detailed how there is currently no appropriate investment mechanism for long duration storage. Examining four investment mechanisms – the Contracts for Difference (CfD) scheme, Regulated Asset Value (RAV) model, cap and floor regime and a reformed Capacity Market – it identified cap and floor as the best solution.
Cap and floor has been used successfully in the financing of interconnectors, so perhaps to apply it to long duration energy storage, will lead to greater use of such storage.
The Anonymous Widower 