Lords’ warning over cost of energy Brexit
Leaving the pan-European Internal Energy Market (IEM) could raise energy bills and create supply shortages, a House of Lords committee has warned.
Archive
Ofgem to restructure ahead of office move
Ofgem is facing major internal upheaval this year.
NPL calls for data-sharing to cut battery costs
As battery applications become more common among consumers, some measurement challenges must be met to cut the cost of commercialisation, according to the National Physical Laboratory (NPL).
European reserve auction platform ‘could cut balancing costs by a quarter’
National Grid believes that a new pan-European market for reserve power can meet 25% of the GB system’s balancing needs and cut GB balancing costs by €13 million a year.
Brexit hits European funding to UK
Last year the UK’s share of loans from the European Investment Bank (EIB) fell to a third of that in the previous year. In a review of 2017, the EIB said it had approved 901 projects in the year, up 15% on 2016.
NGET at loggerheads with Ofgem over Hinkley Point connection
National Grid Electricity Transmission (NGET) has fiercely resisted Ofgem claims about the costs of building and operating a transmission line to transport power from Hinkley Point C.
February news in brief
ElectraLink, the Code Administrator for the Distribution Code Use of System Agreement (DCUSA) will be acting as chair and secretariat for the Code Administrators Code of Practice (CACoP) in 2018.
UKPN joins Open
UK Power Networks and Open Utility are planning to develop and an online marketplace for local flexibility.
Upside for L&G
Legal & General Capital and Systemiq have announced an investment in Upside Energy.
February people news
Sir John Armitt has been confirmed as permanent chair of the National Infrastructure Commission. He replaces Lord Adonis.
Patrick Caiger-Smith, the CEO and co-founder of geo, has been appointed president of Beama.