Energy Policy
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 [...]
Yesterday scientists from the Universities of Exeter and Oxford together with University College London, announced that climate change is not as bad as previously thought due to modelling errors. In a paper published in the journal Nature Geoscience, the scientists concluded that global climate [...]
This week the mayor of London, Sadiq Khan has published his draft environmental strategy for the city, with an ambition for London to be a zero carbon city by 2050, with energy efficient buildings, clean transport and clean energy. He plans a " low carbon [...]
On 25 July, Ofgem launched a consultation as part of its review of the Secure & Promote licence condition. Secure and Promote was introduced in 2013 to improve liquidity and market access for small and new entrant electricity suppliers. Small suppliers face a number [...]
The Government has this week appointed Dieter Helm, professor of economic policy at Oxford University, to lead a review into the cost of energy. He will chair a panel of experts including Nick Winser, executive director at National Grid and former Conservative MP Laura [...]
The press and politicians are currently full of outrage at the announcement by British Gas of a 12.5% increase in its electricity prices from September, describing the rise as "extortionate", "unjustified" and a "slap in the face" to families, and once again there are [...]
Since the announcement in on 29 March that as well as exiting the EU, the UK would also be withdrawing from Euratom, the European Atomic Energy Community, there has been much consternation, with fears ranging from the UK potentially being barred from importing nuclear [...]
The market has been waiting with bated breath for Ofgem’s decision on its proposed changes to the embedded benefit regime, since its statement in March that it was “minded to” implement a change to the CUSC that would limit the demand residual ("TDR") component of [...]
This week has seen two significant prices of news relating to the new nuclear reactor being constructed at Hinkley Point in Somerset. Firstly, the French nuclear regulator, the Autorité de Sûreté Nucléaire (“ASN”), has made a preliminary decision relating to the pressure vessel at [...]