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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
European Court ruling leads to capacity market suspension
Almost out of the blue, last week, while all attention was on Brexit, came a decision from the General Court of the European Union that has led to the suspension of the GB Capacity Market. This means that all [...]
Will time-of-use pricing generate meaningful changes in electricity consumption?
There has been much hype of late surrounding the advent of “time-of-use” (“ToU”) energy tariffs for domestic consumers with some claiming consumers will be able to make large savings while others suggest consumers might be ripped off by “surge [...]
UKPN to test new voltage stabilisation technology
The challenges posed to electricity grids by adding increasing amounts of intermittent renewable generation are well known, and costly to manage, however a Scottish technology company claims to have the answer. Faraday Grid, believes it can massively increase grid [...]
Another two small energy suppliers close as Ofgem reports on the state of the market
On the 11 October Ofgem published its second State of the Energy Market report, concluding that while there have been improvements in the retail market, with customers now having more energy suppliers and innovative deals to choose from, and [...]
Opening access to the Balancing Mechanism for smaller aggregated assets
National Grid recently published a roadmap to widening access to the Balancing Mechanism to smaller, distributed assets and demand-side response. The increasing de-centralisation of the electricity system, along with the growth in intermittent generation, is making the task of [...]
Rising wholesale prices challenge the business models of small suppliers
Energy prices have been in the news again, with price increases from many suppliers and the publication of the intended level of the retail price cap. There are a number of drivers of energy prices, with network and policy [...]
Future Energy Scenarios 2018: another look into the crystal ball
In July, National Grid published its 2018 Future Energy Scenarios, with the following headlines: Capacity could increase from 103 GW today to between 189 GW and 268 GW by 2050, with the more decarbonised scenarios requiring the highest capacities. [...]
Debunking energy myths: renewable electricity is not cheap
In the final post in my energy myths series, I will look at one of the biggest, and arguably most dangerous myths of all - the notion that electricity generated from renewable sources is cheap. Myth #4: Renewable energy [...]
Debunking energy myths: smart meters will not save money for consumers
In my second post on energy myths I addressed the myth that the energy price cap would save money for consumers. Another money-saving myth relates to smart meters, with politicians insisting that consumers will save money on their bills [...]
Debunking energy myths: the retail price cap will not save money for consumers
Following close behind Myth #1 about the profitability of the energy supply business, comes Myth #2, that the retail price cap will see the end of “rip-off tariffs” and save money for consumers. I have already written a number [...]
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