Featured Posts
New report: The true affordability of net zero
This evening my latest report: The true affordability of net zero, was launched at an event hosted by The [...]
Norway turning away from electricity interconnection
Norway is turning away from electricity interconnection as its governing coalition collapses over disagreements over energy co-operation with Europe. [...]
Time to accept that wind farm costs are not falling
There has been a consistent narrative that the cost of building new wind farms is falling, with falling subsidy [...]
Addressing the high real cost of renewable generation
Over the past few months we have been inundated with claims from interested parties that more renewables are the [...]
Recent Posts
Forced pre-payment meter installations: a scandal in more ways than one
Back in February The Times published an exposé into the forced installation of pre-payment meters ("PPMs") by British Gas among others. The article created a huge scandal, putting British Gas in particular in the cross-hairs of politicians, the media [...]
Powering Up Britain: a long-winded way of saying little that is new
Last week the Government published its much anticipated Powering Up Britain strategy, along with several thousand pages of documentation. This followed a High Court case last year which found that policy to date was insufficiently detailed to deliver on [...]
Application for a judicial review of the sale of Bulb fails but there may be an appeal
Two weeks ago I summarised the hearings held in late February before the Administrative Court in the application for a judicial review of sale of Bulb Energy to Octopus Energy in a deal involving a subsidy worth up to [...]
Energy Industries Club speech on energy security
Earlier this week I had the pleasure of speaking at the Energy Industries Club dinner on the subject of energy security…here is a copy of my remarks... Good evening everyone, I’m delighted to be here for the inaugural evening [...]
Will there be a judicial review of the sale of Bulb to Octopus?
At the end of February I attended five of the six sessions of the application for a judicial review (“JR”) of the decision to sell Bulb to Octopus Energy which was heard in the Administrative Court. Since I missed [...]
Relying on aging nuclear reactors poses risks to energy security
Last week came the welcome news that EDF will extend the lives of its Heysham 1 and Hartlepool nuclear reactors by a further two years to March 2026. The company had hinted at a possible extension back in September [...]
A late cold snap delivers an EMN and the tightest day of the winter so far
Over the past few days forecasters have been warning of a cold snap, with particularly cold weather hitting the north of the UK, which began on Tuesday – as I began writing this post at lunchtime on Tuesday 7 [...]
Record price set for the T-4 capacity auction reflects increasingly tight market
Last week the T-4 capacity auction for delivery in 2026-27 closed at a record price for the long-term auction of £63 /kW /year, an double the previous high in the T-4 auction, and higher than the price in the [...]
T-1 capacity market auction clears with a high price and some interesting questions
Last week saw the T-1 capacity market auction clear at its second highest level ever of £60 /kW/year, down from £75 /kW/year last year when the auction cleared at its maximum price since the procurement target was higher than [...]
Centrica’s record profits create outrage, much of it unfair
Today Centrica announced record profits of £3.3 billion (actually the company booked a statutory loss after revaluing its hedging book, but this is an accounting quirk due – more of which later). The outrage has been predictable with the [...]
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