Energy Policy
The Big 6 energy suppliers have all raised the prices of their standard variable tariffs recently. E.On kicked off with a 2.7% increase, followed by EDF Energy with 1.4%, npower with 5.3%, Scottish Power and British Gas both with 5.5%, and SSE with 6.7%. [...]
Last week Will Gardiner, chief executive of Drax Group, told the Guardian newspaper that Britain’s increasing reliance on electricity imports through the use of interconnectors is a threat to energy security, and will result in the country importing carbon emissions. He also said that [...]
In the last few weeks there have been a number of announcements by the Government and others on the challenging subject of the de-carbonisation of heat. Heating and cooling currently accounts for nearly half of UK energy consumption, and around 50% of UK emissions [...]
Last week the legal challenge issued by Peak Gen and seven other companies against Ofgem’s decision last year to change the charging base for the demand residual component of transmission charges was heard at the Royal Court’s of Justice in London. I was in [...]
Today my energy blog, Watt-Logic is two years old! Another interesting year… Looking back at what I wrote a year ago proves what I’ve said before about making predictions in this market (or otherwise). Writing just a couple of weeks before the General Election, [...]
In my previous post, I described the findings of Dieter Helm's review into electricity pricing. Here I will explore in more detail the section on supply costs and his recommendation that a default electricity tariff be implemented, which is particularly relevant in light of [...]
Last week Dieter Helm published the findings of his review into energy pricing and found that the cost of energy is significantly higher than it should be, and energy policy, regulation and market design are not fit for purpose. (It should be noted that [...]
Last week the Government published its long awaited Clean Growth Strategy, described by the Telegraph as the coming of age of the green agenda. Clean growth is defined in the document as growing the UK's national income while cutting greenhouse gas emissions, which are expressed [...]
Yesterday the Government published its draft Domestic Gas and Electricity (Tariff Cap) Bill, essentially imposing caps on some energy bills until 2020, with a possibility of extending until 2023. "The Government wants markets to thrive and we continue to promote competition as the best [...]
The electricity system is in transition. Transmission connected, centralised synchronous generation is being displaced by multiple small installations of intermittent asynchronous generation connected at the distribution level. Advances in sub-transmission technology including as storage, smart homes, electric vehicles, DSR and others are challenging the [...]