The term “security of supply” and suggestion that the lights could go out was “old thinking”, the Scottish Government’s Economy, Energy and Tourism Committee heard in an inquiry into the matter.
Ofgem’s RIIO framework proved robust against its “first serious external review”, ratings agency Moody’s concluded, after the Competition and Markets Authority (CMA) published its decision on two challenges to the first electricity distribution pr
Chancellor of the Exchequer George Osborne promised a National Infrastructure Commission that would “work out calmly and dispassionately what the country needs to build for its future and hold any government’s feet to the fire if it fails to deliv
Ofgem has said it is “minded to” allow National Grid to continue procurement of the Strategic Balancing Reserve (SBR) and Demand Side Balancing Reserve (DSBR) to cover the winters of 2016/17 and 2017/18 although the industry argues the two measure
Two years after it came into operation, the Pensions Infrastructure Platform (PIP) has helped raise £1 billion in infrastructure funds.
Developer Eco2 has sold its Port Clarence biomass project to Glennmont Partners for £160 million. The 40MW project began life two years ago and was jointly developed by Eco2 Ltd and Temporis Capital LLP.
Tidal Lagoon’s Swansea Bay project is at once “innovative” and “tried and tested”, depending on whether it is looking for subsidy or investment. Janet Wood took a look at the project
In the current market, with just above 8% penetration of intermittent renewables in the power mix and a low level of arbitrage on the power market, the commercial case for electricity storage in the UK is still relatively limited.
If utility investment has been hard pressed in recent years – squeezed by depressed balance sheets, the financial crisis, and competition from fast-rising new renewables – that does not mean big investors have left the energy market.
Drax Power says it will end its investment in the White Rose carbon capture and storage (CCS) project at the end of the front-end engineering design (FEED) phase in six to eight months.