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As the EMR delivery body, National Grid Electricity System Operator has been tasked with developing a de-rating methodology for renewables should they be allowed to enter the capacity market in future.
7 years ago
The boss of Tempus Energy has slammed the government for refusing to reform the capacity market, whilst urging ministers to “start being honest” with investors and parliament.
Energy companies have responded positively to the news Ofgem has granted price cap derogations to three suppliers.
The final round of public consultation on EDF’s plans for a new nuclear power station in coastal Suffolk is due to kick off today (4 January).
Electricity generation in the UK fell to 335TWh in 2018 – the lowest level since 1994
The government has announced its intention to resume collecting capacity market payments from suppliers during the current standstill period.
Drax has completed its acquisition of a 2.6GW portfolio of gas, hydro and pumped storage assets operated by Scottish Power from its parent company Iberdrola.
The proportion of electricity generated from renewable sources hit a record new level in the summer despite very low wind speeds during July's heatwave, according to the latest government figures.
As another year draws to a close, Utility Week reflects on the interesting discussions had with several industry leaders up and down the country throughout 2018.
The nation’s theatres are preparing for the annual Christmas show season. The biggest pantomime taking place at the moment, though, is in the House of Commons where MPs embarked earlier this month on a six-night run of the Brexit withdrawal follies.
Change is usually accompanied by uncertainty. Driven by the need to decarbonise, the energy industry is in the midst of a radical transformation. Whilst the end goal is clear, the route there is still being plotted out.
The suspension of the electricity capacity market risks further undermining investor confidence in the power sector, which is already shaky as a result of Brexit, the chair of the Business, Energy and Industrial Strategy (BEIS) committee has warned Claire Perry.
The government has been accused of "pushing the solar industry off a cliff edge" after yesterday’s (18 December) announcement that the scrapping of the mechanism used by households to sell excess renewable power to the grid is going ahead.
Tests set by Ofgem for approving a new subsea transmission cable to link the Orkneys with mainland Scotland threatens the viability of a project designed to tap into the islands’ rich wind and tidal power resources for the UK electricity grid.