Author Archive for New Power

New Power: OCTOBER ISSUE OUT NOW

Levy Control Framework: fears over 2016 allocation

Scottish referendum: big questions remain

Supply margins: are we frightened yet?

David Gray: I would have referred the industry to CMA earlier

 

FEATURE: Contracts for difference explored

“This budget is disappointingly small. The pot 2 budget … is not enough to support a full-scale Round 3 offshore wind project.”

 

DATA: Energy from waste projects, planned and in operation

 

INTERVIEW: Fiona Cochrane, head of regulated utilities policy, Which?

“We don’t have much confidence that you can rely on [wholesale market] prices, because of the way they are produced.

“Smart metering will help people understand the energy they use. Whether they go on to use less energy is a different question.”

 

All this and more in the October issue of New Power. For more details and a sample issue contact subscriptions@newpower.info

New Power: SEPTEMBER ISSUE OUT NOW

In this issue:

SURVEY: which political party has a fully worked out energy policy?  “None of them”, say energy industry stakeholders

ANALYSIS: Ofgem wants more “smart” savings from electricity networks

REPORT: New rules being finalised – an update on codes for Europe’s electricity  internal market

FEATURE: Initial submissions to the Competition and Markets Authority

FEATURE: What does EMR mean for cashflow?  CfDs and the Capacity Mechanism raise questions over growth. INTERVIEW: Mark Ripley and Cordi O’Hara, National Grid

DATA: Power Project Monitor

 

This and much more in the September issue of New Power

Not a subscriber? For details contact office@newpower.info

New Power: AUGUST ISSUE OUT NOW

INTERVIEW: George Grant, Watt Power

“We don’t really have a market at the moment. We have inadvertently ended up with a central buyer again. The government is wondering a little bit how we got here”

“We are bringing back the capacity mechanism but there is huge uncertainty over how that is going to play out.  How is everyone going to bid, what’s the price going to clear at?”

FEATURE:  European markets in hunt for capacity

“The Commission is in a quandary… Member states are doing their own thing to meet their own needs but there is concern that the patch- work of models won’t tie together.”

FEATURE: rare metal supply: is it a risk in the power sector?

“You find all 17 rare earths in varying percentages and you need a market for all of them. Finding a deposit that has the right balance [to reflect the market for each metal] is hard and we don’t have the processing capacity to do that complicated separation”

 FEATURE: CCS wins political and grant support

“The Labour Party sees CCS as both a key decarbonisation technology and a new industry for the UK”

This and much more in this month’s New Power.

Not a subscriber? For more details: office@newpower.info

New Power: JULY ISSUE OUT NOW

 

INTERVIEW: Bill Bullen, Utilita

The problem with the DCC is that it will stifle innovation. It is yet another set of rules that have to go through the classic industry change processes”

The big issue everyone has to manage is a sudden demand for cash.  If you go into the market unhedged, market prices could suddenly go up and you have to buy, it gives you a huge cashflow problem.”

ANALYSIS:  PPA market growth is real but fragile

FEATURE: GB’s new capacity market will never look so good again

It is not just that the capacity markets do not provide incentives for these things, but that any attempt to provide that incentive through other means is viewed as potential market manipulation

 FEATURE: Ofgem is seeking trading arrangements that are fit for the future

“Clearly, the regulator had concerns that complexity could fall into chaos”.

DATA: Offshore Wind Project Index

This and much more in this month’s New Power.

Not a subscriber? For more details: office@newpower.info

New Power: JUNE ISSUE OUT NOW

INTERVIEW: Volker Beckers

If we can’t invest in renewables as venture capital, then we will set up our own business”

“The biggest PPA issue has always been and still is the provision of collateral.”

ANALYSIS:  Political influence on market design

FEATURE: Government and industry struggle to manage the success of PV

“Ofgem’s estimate that 198MW had been connected in the quarter was out by almost an order of magnitude”

FEATURE: Is the infrastructure planning system helping the lights stay on?

“An Act that a cynic might say was designed to deliver a third runway at Heathrow Airport and a new generation of nuclear power stations is instead shepherding a whole host of giant offshore wind farms mostly forming part of the Crown Estate’s ‘Round 3’ of site awards”.

DATA: Power Project Monitor

This and much more in this month’s New Power.

Not a subscriber? For more details: office@newpower.info