DONG Energy sells Walney wind farm stake
SSE will pay up to around 39 million pounds (US $62.5 million) for the stake in the 367 megawatt farm in the Irish Sea, of which around 17 million pounds is subject to operational performance, the Danish utility said in a recent statement.
SSE will pay a pro rata share of construction costs, said DONG Energy, which will keep the remaining 74.9 percent stake.
DONG Energy expects the cost of constructing Walney to total just under 1 billion pounds ($1.6 billion). The wind farm is expected to enter commercial operation in two phases in 2011.
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National Grid and SSE to use electrical transformers to heat homes
LONDON - Thousands of homes could soon be warmed by the heat from giant electricity grid transformers for the first time as part of new plans to harness “waste heat” and cut carbon emissions from home heating.
Trials are due to begin on how to capture the heat generated by transmission network transformers, owned by National Grid, to provide home heating for households connected to district heating networks operated by SSE.
Currently, hot air is vented from the giant substations to help cool the transformers that help to control the electricity running through National Grid’s high-voltage transmission lines.
However, if the trial succeeds,…
