Centrica and EDF extend operational life of UK nuclear power stations
Author: PPD Team Date: December 5, 2024
Author: PPD Team Date: December 5, 2024
Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations.
Heysham 1 and Hartlepool will now operate until March 2027, while Heysham 2 and Torness will continue until March 2030.
These extensions will add 9TWh to Centrica’s electricity generation capacity between 2026 and 2030, supporting the UK’s baseload power generation.
The decision follows a comprehensive review to ensure that the extended lifetimes do not compromise safety.
Centrica Group CEO Chris O’Shea emphasized that the move would help ensure energy security and grid stability in the face of increasing renewable energy integration, aligning with the UK’s net zero goals.
O’Shea further noted that these extensions provide the time needed to develop alternative zero-carbon technologies, including new nuclear and hydrogen-fired generation.
Further extensions could be considered based on additional reviews.
Author: PPD Team Date: February 2, 2026 NHPC Limited achieved two operational milestones at its 2,000 MW Subansiri Lower Hydroelectric Project in Arunachal Pradesh and Assam during the intervening night of 31 January and 1 February 2026. The first milestone was the synchronisation of the third unit, designated as Unit 1 of 250 MW, with the National Grid at 21:00 hours on 31 January 2026. This was followed by the declaration of the Commercial Operation…
Author: PPD Team Date: August 12, 2025 Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects, totalling 300 MW, are expected to be commissioned by December 2025. An additional 450 MW is under construction and targeted for completion by year-end. By June…
Author: PPD Team Date: March 17, 2025 Gensol Engineering Limited has approved fundraising of up to Rs 6 billion to strengthen its balance sheet and move towards a zero net-debt position. The company plans to raise Rs 4 billion through foreign currency convertible bonds (FCCBs) and Rs 2 billion via warrants issued to promoters. Alongside the fundraise, Gensol is divesting assets, including vehicle sales and the sale of a subsidiary, to further enhance financial stability….
Author: PPD Team Date: November 6, 2025 The Central Electricity Regulatory Commission (CERC) released the draft in September 2025, proposing tighter controls under the Deviation Settlement Mechanism for wind and solar producers. The framework aims to narrow the gap between scheduled and actual generation, with a revised calculation method taking effect in April 2026. The tolerance margin would then decrease each year until 2031, aligning renewable projects with conventional plants in terms of grid discipline….
Author: PPD Team Date: September 5, 2025 The Union Cabinet has cleared a six-year, Rs 1,500 crore incentive scheme to boost domestic recycling of critical minerals from secondary sources. Part of the National Critical Mineral Mission, the scheme will support extraction from e-waste, lithium-ion battery scrap, and end-of-life vehicle parts. Incentives include a 20% capital subsidy for new and expanded units, and operating subsidies linked to sales. Large entities can claim up to Rs 50…
Author: PPD Team Date: November 8, 2024 Union Minister of Power and Housing & Urban Affairs, Manohar Lal, held a meeting in Shimla to review Himachal Pradesh’s urban development initiatives and power sector advancements. Chief Minister Sukhvinder Singh Sukhu, Public Works & Urban Development Minister Vikramaditya Singh, and senior state and central government officials attended the meeting, focusing on the state’s Revamped Distribution Sector Scheme (RDSS) and hydroelectric projects. During the discussions, potential collaboration between…