Judith Ward argues that there is much more that has to be done to allow us to access potential demand side measures – especially in the domestic sector. But, as results from Sustainability First suggest, the gains will be considerable …
Author Archive for New Power
THE NEW POWER INTERVIEW: STEPHEN LITTLECHILD
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As head of then-energy regulator Offer, Stephen Littlechild was instrumental in setting up our energy market, and he says it would still work – provided political pressure does not put a spoke in the wheel. But that’s exactly what has…
Utilities have not thought fully about how to meet new European regulations on trading
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The reporting required to comply with new regulations on trading are the most challenging operational requirement for utilities, says Simon Tywuschik of PA Consulting. Nearly all respondents to a PA Consulting survey expected falling OTC liquidity and rising capital requirements…
Where is the ‘smoking gun’ on energy market failures?
by New Power • • 1 Comment
George Anstey and Matthew Mair take a look at Ofgem’s proposal to refer the energy industry to the Competition and Markets Authority. and find that the evidence is far from clear-cut. Since the launch of the Energy Supply Probe in…
Act fast to keep the Capacity Market on track
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A great deal needs to be done to ensure that a workable capacity market is launched as planned later this year, argues Clive Moffatt The EMR proposals were fundamentally flawed because they focused almost exclusively on creating price incentives to…
“Carousel” VAT fraud suspected in energy markets
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Tax authorities in Europe have grappled for years with the problem of so-called “carousel fraud”. In this scam goods are traded across EU borders and VAT is charged but never paid – netting the fraudulent traders a steady 20% of…
The wind and fishery industries must co-operate
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The National Federation of Fishermen’s Organisations, is calling for more cooperation at the planning stages of offshore wind farms. Barrie Deas explains why
Government persists in denying its subsidies
by New Power • • 2 Comments
William Blyth argues that a more honest and rational approach to energy
subsidies would benefit consumers
Politicians should mind their language on PV
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Catherine Strickland says that it’s time to look at the bigger picture when considering the popularity of solar energy development in the UK – and that mixed messages from the government could be detrimental to the UK’s energy security.…
Existing gas meters could have ‘smart’ capabilities at little cost
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Ray Cope argues that smart meters will do little to solve some systematic billing errors in gas – but existing meters have unused capacity that could fix the problem. The political furore about energy prices has now died down somewhat.…