Energy roundup

Plans to start building the £1bn Swansea Bay Tidal Lagoon next spring have been delayed by a year. The start date has been moved back a year to March 2017 because of delays in agreeing a strike price with Government. The promoter, Tidal Lagoon Power, is asking for a rate higher than wind, solar and nuclear power.

The Black & Veatch and MWH Treatment (MWHT) joint venture MBV Energy Recovery, is to build an £87M waste-to-energy project in Cheshire. The renewable energy plant developed by CoGen UK at Ince Park Resource Recovery Centre will export 21.5 MW of clean, affordable power, using over 150,000t of material that would otherwise go to landfill. Funding for the project is being provided by the Bioenergy Infrastructure Group, a new investment entity that is building a portfolio of waste-to-energy assets. The group comprises Infracapital, Aurium Capital Markets, Foresight Group and Helios Energy Investments.

The Government has tabled an amendment to the Energy Bill pushing ahead with its commitment to end public subsidies for onshore wind farms, by closing the Renewables Obligation across Great Britain from 1 April 2016.

Britain has enough gas and electricity to ensure there will be no blackouts through the cold winter months, according to the National Grid. Gas supplies are expected to be "comfortable", while electricity margins, at 5.1%, are "manageable", the grid said in its Winter Outlook. Supplemental balancing where “mothballed” plants to remain on standby, and demand side balancing reserve where high energy users are encouraged to restrict their use at certain times remain in the Grid’s armoury. Without these measures, the margin would be 1.2%, their lowest for six years.