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Negative electricity prices hit the GB market
One of the consequences of the energy transition and the increase in renewable generation on the electricity system has [...]
Ofgem provides further clarity on its proposed network charging reforms
Ofgem is in the process of reforming the way in which users pay for access to and use of [...]
9 August blackout technical report highlights issues with Grid Code compliance
Ofgem has now published National Grid’s technical analysis of the 9 August blackout. Much of the meat is contained [...]
Recent Posts
Supplier failures, rising prices and another review – the case for serious retail market reform
The need for reform of the retail energy market is increasingly clear – the past week has seen the failure of another new entrant supplier, bringing the total number of failures in since the beginning of 2018 to 17*. [...]
The role of third-party intermediaries in business energy procurement
Third party intermediaries or energy brokers are an important source of information for companies in their energy procurement and an important sales channel for suppliers; however the market is un-regulated, lacks transparency, and may be deterring customers at a [...]
The Targeted Charging Review will not kill flexibility in the electricity market
The consultation into Ofgem’s minded-to decision in its Targeted Charging Review into residual network charging and embedded benefits closed this week with strong objections being made by renewable and distributed energy bodies who see the proposals as damaging the [...]
Significant network charging and network access reforms ahead – part II
Ofgem is exploring major changes to electricity network charging and access arrangements that will affect all users of the system from large businesses to households, from large transmission-connected to generation to behind-the-meter storage operators. In this second post on network [...]
Significant network charging and network access reforms ahead – part I
Electricity network charging is facing its most significant reforms since the creation of the current NETA/BETTA system. Ofgem believes that current charging methodology creates distortions in the market and incentivises undesirable behaviours. This is because the entire electricity network [...]
As another project hits the rocks, what’s next for new nuclear in GB?
Horizon Nuclear Power announced today that it will suspend its UK development programme for new nuclear power stations, following a decision taken by its parent company Hitachi. Horizon is developing the Wylfa Newydd nuclear plant on Anglesey in North [...]
What next for energy markets in 2019?
It’s always interesting at this time of year to look back over the past year and ahead to what might be expected in the year to come. This time last year, I expected the retail price cap to be big [...]
All spruced up – the history of Christmas lights
According to The Week, the US uses an average of 6.63 billion kWh of electricity each year on Christmas lights - more than the entire annual consumption of El Salvador (5.35 billion kWh) and Ethiopia (5.30 billion kWh), and [...]
Ofgem publishes next steps in network charging reform
Last week Ofgem published its “minded to” decision on electricity network charging reform as part of its Targeted Charging Review (“TCR”) into the way in which residual transmission charges are recovered from consumers, and on certain “embedded benefits”: Charges [...]
National Audit Office report highly critical of smart meters programme
On Friday, the National Audit Office (“NAO”) published its latest evaluation of the UK’s smart meters programme and concluded: “The facts are that the programme is late, the costs are escalating, and in 2017 the cost of installing smart [...]
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