Electricity is in a ‘once-in-a-century restructuring’
Foresight’s Dan Wells says the electricity supply system is being fundamentally redesigned for the first time in a century.
Foresight’s Dan Wells says the electricity supply system is being fundamentally redesigned for the first time in a century.
Energy network operators should be allowed to own and operate batteries and other energy storage, the Energy Networks Association (ENA) has said in a response to the government’s consultation on an industrial strategy.
Demand turn-up has been “killed before it got going”, an industry member told New Power after the results of National Grid’s fixed tender for the service were announced.
So-called car park generators could walk away from capacity market (CM) contracts if regulator Ofgem goes ahead with plans to cut Triad payments, and that could include dismantling and exporting plants that have already been built, New Power has b
The energy industry has talked for years about becoming an exciting place that will attract new talent. And it is doing so – but that talent is bringing new ideas, and the industry has to react.
The future of European energy depends on flexibility. This calls for a regulatory rethink based on a grand bargain between all players, says Simon Hobday
Citizens Advice thinks it is time for Ofgem to re-examine its assumptions. Market comparisons justify lower returns and reduced cost allowances in the next RIIO period
As the proportion of renewables in the generation mix grows rapidly, the industry is finding some old assumptions challenged.
In last month’s interview with New Power, Mark Somerset of Intergen said investors needed “nerves of steel” to invest in the UK. It remained worthwhile, not least because it was dealing with issues that would arise elsewhere.
With 4GW of interconnection in operation, the UK has a long way to go to meet the EU internal energy market target of 15% of national capacity by 2030.