Interconnection

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Brearley warns against ‘tit for tat’ interconnector closures

It would be risky to get into “tit for tat” exchanges with other European countries by holding back power on the UK's interconnectors, Jonathan Brearley has warned. The Ofgem chief executive was pressed by ex-environment secretary Therese Coffey on whether the UK’s interconnectors should prioritise the needs of domestic customers. Brearley also hinted that interconnector projects denied contracts earlier this year could still come to fruition in the long term.

6 months ago

Weekend press: Lack of internal auditors ‘significant weakness’ for water firms

9 months ago

World’s longest interconnector begins commercial operation

11 months ago

Demand-side flexibility: the state of play

11 months ago

Total Energies takes stake in project to link UK and Morocco

12 months ago

Government urged to fast track ETS linkup with EU

Energy UK has called on the government to “press ahead” with linking the UK Emissions Trading Scheme (ETS) to its European Counterpart to drive up the carbon price, increasing revenues and avoiding huge export taxes for UK businesses. It comes as analysis by the trade association has revealed that between April and the beginning of October this year, the UK ETS raised over £1bn less for the Treasury than if prices had remained at 2022/23 levels.

1 year ago