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The energy white paper fails to deliver a detailed plan for net zero
December saw the publication of the long-awaited energy white paper, which built on Boris Johnson’s 10-point energy plan. In [...]
FES-2020 costs indicate massive investment needed for net-zero
Last week, National Grid ESO published the first costings for its Future Energy Scenarios (“FES”). The key conclusions of [...]
Boris Johnson’s 10-point energy plan: a mixed bag
Despite being forced to self-isolate having come into contact with a covid-positive MP, Boris Johnson has finally unveiled his [...]
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The GB electricity market is not yet ready to get rid of its coal
In 2019 the GB market went a total of 18 consecutive days without any coal contributing to demand and 83 days without coal throughout the year as a whole. This was hailed as a great turning point and a sign [...]
Capacity market re-start finally delivers higher prices
Since the capacity market was authorised to re-start last October, following its suspension, there have been three auctions: a T-3 auction for the delivery year 2022/23, replacing the missed T-4 auction, a T-1 auction for 2020/21 and a T-4 [...]
The impact of covid-19 on the energy markets – update
Last week I participated in a webinar hosted by Energy Live News on how the covid-19 on users, brokers and suppliers, which covered some interesting points not mentioned in my previous post on the subject. Market liquidity on the [...]
How will the covid-19 crisis affect energy markets?
As we all enter the second week of the covid-19 lockdown, what is the impact of the crisis on the gas and electricity sectors?Retail markets: changing usage patterns and an increase in consumer vulnerabilityMore consumers are now vulnerableOne of the [...]
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 been the growth in negative electricity prices, where production is curtailed and/or consumers are paid to take surplus generation. These [...]
Energy market outlook for 2020 – a year is a long time in energy
Another new year brings another look back at the past 12 months and a time to consider what the energy market outlook might be for 2020. This time last year, my predictions for the top five energy themes for [...]
Once upon a time…
A personal project has kept me away from my blog recently, but I wanted to end the year with a wrap-up of some interesting low-carbon technologies that are enjoying a revival. Scientists have been studying a rare phenomenon in [...]
Guernsey: energy policy considerations for small markets
Last week I had the pleasure of being one of the keynote speakers at the Institute of Directors Guernsey Branch annual convention, speaking about energy policy options for the Bailiwick in the context of climate ambitions. The day before, [...]
Hinkley Point C costs increase while new safety concerns emerge in French fleet
The troubled European Pressurised Water reactor technology hit new problems this week with EDF announcing further cost overruns at its next generation nuclear project at Hinkley Point C. “Challenging ground conditions” have meant the cost of the project has [...]
Smart meter rollout extended as benefits continue to fall
The Government has finally agreed to extend the deadline for smart meter installation, pushing it back to 2024 under a new supplier obligation that will come into effect from 1 January 2021 when the current obligation ends. At the [...]
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