Brexit: an opportunity for energy policy

    It’s now been a week since the momentous decision by the British electorate to turn its back on EU membership, and the markets have responded with predictable volatility. The questions we are all asking, alongside the obvious ones about what form our exit will take, is how long will market volatility last, what…

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Escalating costs of black start grid support

National Grid has applied to Ofgem for the recovery of £113m it has committed under two “Black Start” contracts signed with SSE Fiddlers Ferry and Drax power stations in late March this year. Black Start provisions are incentivised under the Balancing Services Incentive Scheme, a two-year scheme (2015-17) where National Grid is measured against a…

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Keeping the lights on

Last week the Daily Telegraph reported that Sainsbury’s, the second largest supermarket in the UK, has built a series of gas-fired generators due to its concerns over security of supply. The article quotes Paul Crewe, head of sustainability at the company, who said that worrying about energy security keeps him awake at night as his…

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Unintended consequences

In my last post I wrote about the nature of innovation and the challenges of delivering commercially successful innovations even when a clear need has been identified. In the energy sector those clear needs to innovate can be found across the board, from the cost-challenged E&P environment to the re-shaping of the power markets. European…

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