Smoke and mirrors: talking up battery storage

There has been quite a bit of news-flow about battery storage over the past couple of weeks. There was the announcement that Elon Musk had succeeded in his bid to delivery the world’s largest battery storage facility to South Australia within his 100-day deadline, while in the UK the new capacity market register was published…

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Is it time to look differently at security of supply?

National Grid’s outlook for the coming winter is somewhat more positive in capacity terms than in previous winters, with a capacity margin of 6.2 GW or 10.3%. “We are confident that we have the right products and strategy in place to help us to balance the system, even under colder conditions than we have experienced…

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Life after Rough: what next for the UK gas market?

Last week the Competition and Markets Authority (“CMA”) announced that it has provisionally accepted an application from Centrica for the company to be released from the historic undertakings relating to the Rough gas storage facility. The application came on the back of Centrica’s decision in June to close the facility on the basis that the…

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SSE – npower merger: moving the industry chess pieces

A lot is written about the changing shape of the GB power market, with increasing decentralisation, and a shift away from large units of synchronous generation to more dispersed often intermittent renewable generation. Rather less is written about the changing commercial environment on the retail side of the business. The proposed merger of the retail…

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Incremental balancing services reform announced – more is to come

Last week, National Grid announced a rationalisation of its frequency response balancing services as part of its wider review of the needs of the electricity system. As the electricity system becomes more decentralised with an increasing contribution from intermittent sources of generation, the traditional methods of balancing the system and controlling system frequency are increasingly…

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Helm’s proposal for a default electricity tariff could go further

In my previous post, I described the findings of Dieter Helm’s review into electricity pricing. Here I will explore in more detail the section on supply costs and his recommendation that a default electricity tariff be implemented, which is particularly relevant in light of the legislation to cap electricity prices which is currently passing through…

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The Helm review: some good ideas but lacking in detail

Last week Dieter Helm published the findings of his review into energy pricing and found that the cost of energy is significantly higher than it should be, and energy policy, regulation and market design are not fit for purpose. (It should be noted that the terms of reference for the review extended only to electricity,…

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Finding ways to exploit Iceland’s unique energy resources

Back in April, the press was full of the news that a new Icelandic energy project could revive the prospects of IceLink, the Iceland – UK interconnector project. This week has seen progress in another energy project which may also be of international interest.   Unique energy position Iceland is unique in its energy position…

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The Clean Growth Strategy: long on ambition, short on detail

Last week the Government published its long awaited Clean Growth Strategy, described by the Telegraph as the coming of age of the green agenda. Clean growth is defined in the document as growing the UK’s national income while cutting greenhouse gas emissions, which are expressed in terms of millions of tonnes of carbon dioxide equivalent….

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