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
Damning NAO report into the Green Homes Voucher Scheme
This week the National Audit Office (“NAO”) has published a damning report into the Government’s failed Green Homes Grant Voucher Scheme. The scheme was originally announced in July 2020, as part of the UK’s “green recovery” from the pandemic, [...]
High wholesale prices spell bad news for struggling suppliers
I have been writing recently about the need for radical reform of the retail energy market, and predicted that this autumn would see more supplier failures. Today, another two energy suppliers announced their closure today: PfP Energy (formerly Places [...]
Developing smart energy markets for suppliers and consumers
Last week I was invited to speak at the Westminster Energy, Environment & Transport Forum on the subject of smart energy markets. The transcript of my speech is below: Developing smart energy markets for suppliers and consumers - [...]
Government consults on greenwashing in retail energy tariffs
The Government has finally announced a review of so-called “green tariffs” to assess whether suppliers are communicating appropriately with consumers, or whether they are engaging in “greenwashing”. According to the Government, 9 million British households are now on green [...]
Capacity auctions underline changes to the market structure
March saw the latest capacity market auctions: the T-1 auction for delivery in 2021/22 was held on the 12th and the T-4 auction for 2024/25 was concluded on 22nd. The assets leaving the auction compared with those succeeding highlight [...]
BSUoS charging reform: benefits and risks for all parties
From 1 April 2023 the way that Balancing Services Use of System (“BSUoS”) costs are recovered could change - Ofgem is proposing to exempt generators from the charges and to recover the costs solely from end consumers. This would [...]
As the price cap rises again it’s time to fix a broken market
Last week Ofgem announced another increase to the price cap on so-called default energy tariffs, which will take effect from 1 October, the start of the winter season. This comes after a previous increase to the cap last February, [...]
Taishan EPR shuts down to repair damaged fuel rods
Regular readers will know that I am no fan of EDF’s third generation nuclear technology being deployed at Hinkley Point C – the European Pressurised Water Reactor (“EPR”). The company has been trying and failing to complete its flagship [...]
NG ESO sees tighter capacity margins next winter
Yesterday, National grid ESO published a preliminary Winter Outlook for next winter (2021/22), deciding to come out with an early view following last winter’s market tightness, which I discussed in a series of posts last month: With tight margins [...]
The Maths of Net Zero: ensuring a smooth & fair transition
Yesterday I had the pleasure of addressing the All Party Parliamentary Group for Energy Studies (and was delighted to be confirmed as the newest member of the PGES Executive Council). Along with Richard Norris from Pandreco and Mike Lakin [...]
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