No market making?
Ofgem wants industry views on whether to suspend the obligation on major energy companies to “market make” – guarantee to offer prices to companies seeking to buy or sell power in the marketplace.
Ofgem wants industry views on whether to suspend the obligation on major energy companies to “market make” – guarantee to offer prices to companies seeking to buy or sell power in the marketplace.
Capital allowances were available for much of the expenditure incurred by SSE on its 100MW Glendoe hydroelectric scheme, the UK’s first-tier tax tribunal has decided after HM Revenue & Customs (HMRC) originally refused claims over expenditure
Solo Energy is proposing to fund batteries for domestic consumers in exchange for being able to manage them. It demonstrates the model’s technical feasibility at 30 new houses in Orkney that have solar PV.
Limejump’s “virtual power plant” (VPP), has gone live on the Balancing Mechanism (BM) market – the first time an aggregated unit has been admitted to the balancing market.
Ofgem has rejected two proposals that would change the way the costs of so-called unidentified gas (UIG) are allocated to gas shippers, saying they do not address the root cause of the issue.
National Grid may mount a legal challenge to Ofgem’s decision on how to finance and deliver a new transmission line needed to connect Hinkley Point C to the electricity network.
Will renewables enter the Capacity Market?