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The ‘command and control’ nature of current regulation will not deliver the level of innovation required to deliver the transition to a net zero energy system, the director of policy at Energy UK has warned.
6 years ago
With a general election just around the corner, an exclusive Utility Week poll conducted by Harris Interactive reveals what the voters really think of utilities, and the political initiatives being aimed at them.
A poll of 1,000 small and medium-sized enterprises (SMEs) found that although the majority felt their energy supplier was giving them a fair deal, there was concern about inflexible payment terms and “crippling rates”.
Eon has completed a power purchase agreement with RWE Renewables which will see the big six supplier acquire 3TWh annually from more than 20 British wind farms. Eon chief executive Michael Lewis and RWE's Tom Glover give their views on the deal.
Flexibility is the buzzword of our times, but it may ring hollow to the "flex provider" that just misses out on a DNO contract. Elexon chief executive Mark Bygraves explains its proposal for new online marketplaces that will allow buyers and sellers to trade with full flexibility.
The urgency of the climate crisis means that the world cannot wait for a decade or more to find out whether immature technologies - such as carbon, capture and storage - will work, the former chair of parliament’s energy and climate change committee has warned.
Nicola Sturgeon has urged Westminster to match the Scottish government’s ambition on tackling climate change. Meanwhile, the Scottish renewable industry's lobby group has called for Ofgem to be equipped with regulatory powers to enable investment in low-carbon infrastructure.
The Liberal Democrats want to spend £15 billion over the parliament to upgrade the energy efficiency of 26 million homes. The party has also set out its stance on developing tidal power.
Small modular reactors (SMRs) may be a more economical way to deliver nuclear power in developed economies than large plants, according to a senior official at the International Energy Agency (IEA). However, in order for such projects to be a success, a lighter touch approach to regulation would have to be taken.
The Green Party has unveiled a £100 billion per annum to achieve a carbon neutral Britain by the end of the next decade.
Jeremy Corbyn promises a £250 billion green upgrade to the UK’s housing; Boris Johnson abandons government support for fracking; and sewage spills put swimmers at risk – all in this weekend’s press round-up.
Reinstatement of the Capacity Market may be welcome news for the energy industry, but political uncertainty continues to distract from the real issue that needs to be tackled: achieving net-zero carbon emissions, says Energy UK chief executive, Lawrence Slade.