Generation

Taking customers with us on the journey to net zero

New RO mutualisation arrangements come into force

New arrangements to link the renewables obligation (RO) mutualisation threshold to the annual cost of the scheme have come into effect. Mutualisation has long been a source of contention in the energy sector, with compliant suppliers obliged to pick up the shortfall when others do not pay. BEIS is also considering whether changes need to be made to the way the mutualisation amount is calculated.

DNOs adopt common approach for weighing up flexibility

Benefits of supporting tidal power ‘outweigh costs’

The government has significantly undersold the UK’s potential in the tidal power sector in its energy white paper, a House of Commons committee has told Kwasi Kwarteng.

Electricity market needs reform to stop ‘drift to central planning’

0 to 60: Speed of change to accelerate in asset planning and fieldwork

CMA rejects SSE appeal

New energy models could unlock extra £21bn a year by 2050

A new report exploring what net zero could mean for the energy sector has identified five core business models to harness £21 billion it believes is set to be unlocked annually by 2050. The Utility 2050 project, a partnership of energy professionals, financiers and academics, concludes there needs to be a “deeper rethink” of the business models that make up the energy market and the regulation which supports them.

Deben: We aren’t delivering on climate change

The chair of the Climate Change Committee has branded the delivery of efforts by the government to decarbonise the economy as “crap” and called for the establishment of a “powerful” body to oversee them.

Green economy goes into slump

Decarbonising UK’s industrial heartlands critical to net zero

Octopus Energy takes on £3.4bn renewables portfolio 

Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.

Renewables overtook fossil fuels for first time in 2020

Renewables furnished a bigger share of UK electricity generation than fossil fuels for the first full year ever in 2020, according to new government statistics. Utility Week delves into the details.

Crown Estate Scotland raises option fees for ScotWind leasing round

Home upgrade issues ‘could derail heat decarbonisation’