Developing local flexibility markets

In recent weeks, much has been made of the fact that coal has dropped out of the merit order for days at a time. While much of the commentary is around trying to prove that the system can run just fine without dirty thermal power (conveniently ignoring the reliance of the system on coal during…

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De-carbonising everything: is CCU the answer?

I have bemoaned in previous posts the dependence of de-carbonisation goals on carbon capture and storage (“CCS”), a process that has yet to demonstrate commercial viability, other than in the context of enhanced oil recovery, which is hardly supportive of long-term emissions targets. I recently read a description of CCS that sums this up very…

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Relying on interconnectors for security of supply carries risks

Last week Will Gardiner, chief executive of Drax Group, told the Guardian newspaper that Britain’s increasing reliance on electricity imports through the use of interconnectors is a threat to energy security, and will result in the country importing carbon emissions. He also said that interconnectors would fail to deliver the aims of the government’s industrial…

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Market coupling failures undermine the Internal Energy Market

There are two main pillars to European energy policy: the internal energy market (“IEM”) and the Climate Change Package. The IEM was the result of extending the Single Market into energy, and involved the unbundling of networks from generation and supply with regulated rather than negotiated access to those networks. The ultimate goal is the…

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