Low-carbon generation

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LCCC requests £3.4m budget increase

The Low Carbon Contracts Company (LCCC) has requested an annual budget increase of almost £3.4 million, nearly half of which would be set aside as contingencies for falling electricity demand and legal disputes. The extra money is also needed to deal with a growing number of contractual events and prepare for the fourth Contracts for Difference allocation round due to take place next year.

5 years ago

Utilities named as first COP26 sponsors

National Grid, Scottish Power and SSE have been unveiled as principal sponsors for the COP26 conference. The announcement was made simultaneously with confirmation that the three companies will work together on the Eastern Link project, which will see two 2GW HVDC subsea cables laid from Scotland to north-east England.

5 years ago

Weekend press round-up: Pennon considers takeover of Southern Water

In our latest review of sector coverage across the national newspapers, there is speculation that Pennon Group, having considered approaches for several water companies, now has Southern in its sights. There is also the latest on Boris Johnson’s 10-point roadmap for building back greener and plans for a solar power station in space, among others.

5 years ago

Suppliers failing to meet Renewables Obligation should be ‘starved of cash’

5 years ago

Ofgem confirms mutualisation for third consecutive year

5 years ago

TRIG buys stake in East Anglia One offshore windfarm

5 years ago

Labour backs annual CfD auctions

Labour has proposed at least £30 billion of investment in low-carbon sectors in the next 18 months. The party criticised regulatory barriers holding back investment in offshore wind and insisted Contracts for Difference auctions should be held every year to speed up and smooth out the delivery of projects.

5 years ago

COP could unlock special relationship with Biden’s US

Utility Week’s policy correspondent David Blackman asks whether Joe Biden’s presidency makes the COP26 climate conference even more of a priority for Boris Johnson.

5 years ago

Sector to be kept in dark about ETS replacement until new year

Energy companies may not know until next year how the UK’s new post-Brexit carbon pricing regime will work, the energy minister has admitted.

5 years ago

Centrica completes local energy market trial in Cornwall

5 years ago

Funding the UK’s offshore wind ambitions

5 years ago

Weekend press round-up: What’s in Johnson’s 10-point green plan?

In our latest review of sector coverage across the national newspapers, there is speculation about the contents of this week’s update on the prime minister’s vision for a “green industrial revolution”. There is also analysis of what a Joe Biden presidency will mean for net zero, whether the UK is really investing enough in tackling climate change and National Grid’s recent supply margin warnings.

5 years ago

RO buy-out shortfall hit £105m

There was a combined shortfall of more than £105 million in the renewables obligation (RO) buy-out funds due to suppliers not meeting the relevant deadlines, Ofgem has revealed. The regulator said 33 suppliers failed to meet their total obligations by the deadlines - 31 August for buy-out payments and 1 September for RO certificates.

5 years ago

A series of unfortunate events

5 years ago

Kwarteng says argument for offshore grid ‘has been won’

5 years ago

CfD rule change may have ‘significant unintended consequences’

5 years ago

UK needs clear strategy to take lead on hydrogen

5 years ago

Forecasting electricity demand in the time of Covid

The Low Carbon Contracts Company (LCCC) was forced to rapidly re-evaluate its approach to forecasting electricity demand during the lockdown. Forecasting analyst, Andreas Zimmermann, writes for Utility Week about how LCCC responded and the trends he is predicting going into 2021.

5 years ago

UK ‘needs 20GW more offshore wind by 2025’

The government must guarantee a contracted additional 20GW of offshore wind over the next four years, according to a broad-based coalition of charities. The Climate Coalition has set out a ten-point plan ahead of Boris Johnson’s update on his green industrial revolution plan, which is expected next week

5 years ago

National Grid issues second warning of tight supply margin

5 years ago