Dec 15, 2017

SIMEC Energy and Atlantis Resources make deal over Uskmouth Power Station

Sophie Chapman
2 min
GFG Alliance's SIMEC to acquire 49.99% of Atlantis Resources
SIMEC Energy, a company part of Sanjeev Gupta’s GFG Alliance, announced on 14 December its deal with the tidal power firm, Atlantis Resourc...

SIMEC Energy, a company part of Sanjeev Gupta’s GFG Alliance, announced on 14 December its deal with the tidal power firm, Atlantis Resources Ltd.

Atlantis is to acquire SIMEC’s 363MW Uskmouth Power Station located in South Wales, whilst SIMEC Energy will acquire 49.99% of Atlantis.

Atlantis will be rebranded as SIMEC Atlantis Energy Ltd, and will become part of Sanjeev Gupta’s GFG Alliance.

SIMEC Atlantis Energy aims to build a diversified green power enterprise that expands across the globe.

SEE ALSO:

  •  

The company will drive forward the £200mn (US$266mn) renewable energy conversion of the Uskmouth station.

The conversion will be in addition to the development of the Meygen tidal stream project located in Scotland, as well as the tidal barrage project in the Wyre Estuary, Lancashire.

“We believe in marine energy and in SIMEC Atlantis’ position as the sector champion,” remarked the Chief Investment Officer and Chief Executive of SIMEC Energy, Jay Hambro.

“Atlantis has an excellent track record of delivery in renewable power projects, so our partnership with them will ensure the successful conversion of Uskmouth power station. We intend the South Wales site to be a centre of excellence for renewable power technologies and a hub for green power generation.”

“This transaction forms a major part of our ambition to create 1gigawatt of renewable energy capacity in the UK within the next three years.”

Share article

Jul 28, 2021

UK Nissan fleet owners receive commercial charging service

EDF
Nissan
Automotive
electricvehicles
Dominic Ellis
3 min
V2G technology developed by DREEV can recharge an EV battery when electricity is at its cheapest, and discharge excess energy to sell back into the grid

UK fleet owners of Nissan Leaf and e-NV200 models can avail of a new commercial charging service using vehicle-to-grid (V2G) technology.

The service, designed to support the grid through low carbon energy consumption, is being provided by EDF, through Group subsidiary DREEV, in partnership with Nissan.

The V2G technology developed by DREEV, which is a joint venture between EDF and Nuvve, which specialises in V2G technology, allows for two-way energy flow; both recharging an EV’s battery when electricity is at its cheapest, and discharging excess energy to sell back into the grid. 

Fleet customers will save around £350 savings per charger each year, which equates to approximately 9,000 miles of driving charge per year.

EDF’s V2G business solution includes:

  • The supply and installation of a two-way connected compact 11kW charger capable of fully charging a Nissan LEAF, depending on the battery model, in 3 hours and 30 minutes - 50 per cent faster than a standard charger - with integrated DREEV technology.

  • A dedicated DREEV smart phone app, to define the vehicles’ driving energy requirements, track their state of charge in real time, and control charging at any time

Philip Valarino, Interim Head of EV Projects at EDF, said today’s announcement marks an important step on the UK’s journey towards electric mobility. "By combining the expertise and capabilities of EDF, Nissan and Dreev we have produced a solution that could transform the EV market as we look to help the UK in its journey to achieve Net Zero," he said. “Our hope is that forward-thinking businesses across the country will be persuaded to convert their traditional fleets to electric, providing them with both an environmental and economic advantage in an increasingly crowded market.”

Andrew Humberstone, Managing Director, NMGB, said Nissan has been a pioneer in 100% electric mobility since 2010, and the integration of electric vehicles into the company is at the heart of Nissan's vision for intelligent mobility.

He added the Nissan LEAF, with more than half a million units already sold worldwide - is the only model today to allow V2G two-way charging and offers economic opportunities for businesses "that no other electric vehicle does today". Click here for more information. 

US updates

FirstEnergy Corp, which aims to electrify 30% of its approximately 3,400 light duty and aerial fleet vehicles by 2030, has joined the Electric Highway Coalition. The group of electric companies, which has grown to 14 members, is committed to enabling long-distance EV travel through a network of EV fast-charging stations connecting major highway systems.  

The Edison Electric Institute estimates 18 million EVs will be on US roads by 2030. While many drivers recognize the benefits of driving an EV, some are concerned with the availability of charging stations during long road trips. Through their unified efforts, the members of the EHC are addressing this "range anxiety" and demonstrating to customers that EVs are a smart choice for traveling long distances as well as driving around town.

Volta Industries has installed new charging stations at Safeway in Upper Marlboro, Maryland, and Renton, Washington.

Share article