ETS warning
Uncertainty about the UK’s participation in the EU Emissions Trading Scheme (ETS) beyond 2019 “is causing issues in the market now”, according to Eurelectric.
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Uniper sale ‘this year’
E.On has said that it is now in “advanced negotiations” to sell its remaining stake in Uniper to Finnish utility Fortum. Agreement may be reached this year, the company said.
Hinkley Point C ‘not motivated by economics’
Hinkley Point C is not an economically attractive project for its investors, chancellor Philip Hammond has suggested.
Solar plans
Maas Capital (part of the ABN AMRO Bank) is to invest £160 million to fund the installation of solar panels from Solarplicity on affordable housing in England and Wales.
E.On moving from SVTs
E.On has promised to replace its standard variable tariff (SVT) with a fixed term tariff, initially for smart meter customers. People having a smart meter installed will be offered a one-year fixed tariff.
Fast switching
Ofgem wants customers to be able to switch energy supplier reliably in one day by 2020 and is planning to produce a work programme in 2018 to deliver that objective.
Political notes: Swansea Bay project fades as Brexit issues take the spotlight
Welsh politicians are getting increasingly twitchy about the fate of the Swansea Bay tidal lagoon project.
How the business supply industry is switching to storage and distributed generation
Centrica has completed installation of 3MW of battery storage at the Gateshead Energy Centre – one of “tens” of similar projects in the pipeline for the company, which has been disposing of its large-scale gas generation plant in favour of distrib
Future of Supply: energy companies must be ready to follow the same route as telecoms
Marketforce’s Future of Energy Supply conference in September revealed an industry grappling with change.
Ofgem and National Grid promise progress on demand-side response
Ofgem is “hoping for a decent proposal early next year” to include the demand side in the balancing market (BM), according to the regulator’s smart systems lead, Louise van Rensburg.