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Investment in new generation cannot wait for the retail power sector to be reformed, RWE’s UK head Tom Glover has warned. Glover also warned that a "big bang" style review of the wholesale electricity market risks disrupting investment in the sector.
2 years ago
Renewable generation in 2022 matched 2020’s record high despite less favourable weather conditions, according to new government statistics.
Changes to the National Policy Statement (NPS) should remove blockers to new schemes which are currently experienced during the planning phase. The updated NPS was unveiled as part of a raft of energy-related announcements by government.
The government has launched a series of measures to even up the balance between gas and electricity prices but has stopped short of bringing forward the 2035 boiler ban in the government’s wide-ranging new Energy Security Plan. The measures come in response to Chris Skidmore's review of net zero progress.
Greg Jackson has hit out at the monopolistic nature of the UK electricity grid. The Octopus Energy chief executive described the grid as a source of “phenomenal frustration” for firms involved in renewable generation, interconnection and battery storage and called for competition in electricity transmission.
The rate at which transmission projects are granted planning consent must increase fivefold in order to deliver the government’s 2035 target to decarbonise the electricity system, the National Infrastructure Commission (NIC) has warned in its latest annual progress report.