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Coventry is to become the second city to host an Energy Superhub, as EDF starts work on a new 50MW battery.
2 years ago
In our latest review of sector coverage in the national media, the government is said to be mulling plans to extend the energy windfall tax and expand its scope to include low-carbon generators. A Whitehall source has also said electric vehicle owners could be hit with road tax bills in less than three years. Meanwhile, Elexon has significantly cut the size of the deposits it requires suppliers to offer for power plants when they order electricity in advance.
National Grid’s creation of a demand flexibility service, as part of package of measures to secure supply this winter, may eventually be seen as a pivotal moment in the creation of a flexible energy system. Steve Cunningham, chief executive of Geo, argues that concern over blackouts could propel forward work on establishing easy and attractive ways for consumers to turn down their energy use.
In our latest round-up of national media coverage Ovo Energy was considered by Ofgem to be at risk of failure earlier this summer, prompting the regulator to prepare for its potential nationalisation. Elsewhere, Energy UK has said the government's revenue cap on low carbon electricity generators will have “catastrophic consequences” for investment in green technologies.