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
More grid infrastructure not locational pricing is the solution to network congestion
There has been a lot of noise recently about the prospect of a move to some form of location-based pricing in the GB electricity market. National Grid ESO is strongly in favour, seeing nodal pricing alongside a return to [...]
Financial resilience in energy supply: closing the stable door
Ofgem has recently launched a consultation into new measures to improve financial resilience within the energy sector, specifically aimed at gas and electricity suppliers. This came after half of the suppliers in the market failed last year, and highly [...]
Net Zero Watch webinar – The Energy Crisis: Causes and Solutions
Today I took part in a webinar The Energy Crisis: Causes and Solutions hosted by Net Zero Watch (it can be viewed on YouTube here: https://www.youtube.com/watch?v=J9sBOWYkv1M) Below is a copy of my opening remarks to which I have added [...]
Cakism in energy policy begins to bite
Politicians have been telling conventional energy business for years that they intend for their business models to become obsolete in the transition to net zero. Now they seem completely taken aback by the fact that these private businesses, which [...]
Access SCR: network connections to be cheaper and more flexible
In my previous post I looked at Ofgem’s network charging reforms. Here I will summarise the conclusion of the Significant Code Review into network access (now known as the “Access SCR”), which was originally part of a wider review [...]
Network charging reform: six years and counting
One night last week I had a dream that hydro-power isn’t generated by water, but by a mouse called Lucy which is getting tired, with dire consequences for the market. The dream made more sense than the tangle which [...]
Ofgem’s failures laid bare: time for serious regulatory reform
If anyone had any residual doubts as to Ofgem’s performance in regulating the retail energy market, or whether BEIS was able to exert any sort of positive influence, they were dispelled this week when first former CEO Dermot Dolan [...]
Nuclear power is important: we need a credible strategy to secure it
EDF's nuclear worries continue In an update this week the came as a shock to exactly nobody, EDF announced a further cost over-run and delay at it's new nuclear plant at Hinkley Point C. When the project was first [...]
More tinkering with the retail price cap…
On Monday, Ofgem issued yet another set of consultations into the retail price cap. The key proposals are to review the price cap every three months rather than the current six months, and make a small reduction in the [...]
Gas price developments in the UK and Europe
Gas prices have been continuing on their volatile journey as they respond to the global imbalances resulting from the pandemic, as well as the developments around the war in Ukraine. As the chart shows, UK gas prices have been [...]
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