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02.07.25 - 08:48
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Heathrow fire caused by preventable fault, report finds, as Ofgem launches investigation into incident – business live (The Guardian)
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Root cause of fire at substation was 'preventable, technical fault' most likely caused by moisture, report saysAkshay Kaul, director general for infrastructure at Ofgem, said:The North Hyde substation fire resulted in global disruption, impacted thousands of local customers, and highlighted the importance of investment in our energy infrastructure.As a result of the report's findings, we have opened an investigation into National Grid Electricity Transmission (NGET). We have also commissioned an independent audit of their most critical assets.This review has seen evidence that a catastrophic failure on one of the transformer's high voltage bushings at National Grid Electricity Transmission's 275kV substation caused the transformer to catch fire.This was most likely caused by moisture entering the bushing, causing an electrical fault. An elevated moisture reading in the bushing had been detected in oil samples taken in July 2018 but mitigating actions appropriate to its severity were not implemented. ...
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01.07.25 - 12:01
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National Grid Overweight (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Die US-Bank JPMorgan hat die Einstufung für National Grid auf "Overweight" mit einem Kursziel von 1225 Pence belassen. Die britische Regulierungsbehörde Ofgem habe den Versorgern eine etwas höhere Eigenkapitalrendite zugestanden ......
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01.07.25 - 08:48
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Drax Group Appoints Frank Lemmink As New CFO (AFX)
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LONDON (dpa-AFX) - Drax Group PLC (DRX.L), a renewable energy company, Tuesday said it has appointed Frank Lemmink as chief financial officer, effective September 1, 2025.Lemmink succeeds Andy Ske......
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01.07.25 - 08:06
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Ignitis Group made final investment decisions on 291 MW BESS projects in Lithuania (GlobeNewswire EN)
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AB “Ignitis grupė” (hereinafter – the Group) informs that on 30 June, with the agreement of the Group's Management Board, the Group's subsidiaries UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) and AB “Ignitis gamyba” (hereinafter – Ignitis Gamyba) made final investment decisions on three battery energy storage system (hereinafter – BESS) projects in Lithuania, with a combined 291 MW power and 582 MWh storage capacity. The German company Rolls-Royce Solutions GmbH will provide the equipment and the integration services for all three BESS projects....
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