GB power customers will not be able to benefit for another year from sharing reserves with the EU’s internal energy market, it has emerged.
Energy companies have been talking about ‘energy as a service’ for decades, but new offers are all about the hardware. Janet Wood spoke to two companies about their ‘box-fresh’ options
The T-1 Capacity Market auction, securing 3626.196MW of ‘top up’ supply for the coming winter, cleared at a price of 77p per kW per year.
Electricity and gas networks will be expected to promote more competition in the next five-year RIIO period, Ofgem says in its methodology for assessing the plans.
Despite being faced with growing pressure to reduce the profits earned by network companies, Ofgem has softened changes in its ‘RIIO’ price control that try to reduce returns, in part by tying costs more closely to indexes so the companies carry l
It would take two years to revive the Horizon nuclear project at Wylfa Newydd, and a ‘regulated asset base’ model would not fully provide a framework to allow for investment.
Great Britain could struggle to maintain its trajectory on reducing carbon emissions in the power sector in the next decade, because major low carbon generation sources are reaching the end of their expected life and some could be retired earlier
Pumped storage is back in style.
Janet Wood spoke to an entrepreneur who is translating a relationship with farmers in Scotland into ambitious plans to help meet the GB energy market’s desperate need for storage.
LCP’s Kyle Martin takes a look at some of the implications of the Climate Change Committee report for the power sector