Uncertainty over the UK’s participation in the EU Emissions Trading Scheme (ETS) beyond 2019 “is causing issues in the market now”, said Eurelectric. But it warned that plans to ‘void’ UK emissions trading scheme allowances could have unintended consequences. Last…
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First co-located PV/battery installations gain ROC accreditation
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Ofgem has given the growing electricity storage industry a boost by agreeing that some solar PV farms can gain Renewables Obligation certificates for all the power they produce, including that being used to charge storage devices. The regulator said decisions…
Industry calls for more energy-from-waste support as Brexit pressure adds to management ‘gap’
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The UK should re-examine its energy from waste strategy in the light of Brexit and the opportunities that advanced conversion technologies (ACT) offer, the industry says. A report from waste management company Suez noted that the percentage of waste being recycled was growing (from single digit in the 1990s to an expected target of…
Hammond: reviewing Hinkley Point C decision ‘would damage UK credibility’
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The Hinkley Point C is not an economically attractive project for its investors, chancellor Philip Hammond suggested. In evidence to the Lords Economic Affairs Committee on Tuesday he said the deal had clearly been agreed, by French and Chinese nuclear…
Smartest Energy launches managed PPA for renewable generators looking for more return
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SmartestEnergy is launching a trigger-based managed power purchase agreement (PPA), that will allow generators to take advantage of a rising market and protects them when prices fall. With a so-called ManagedPPA, SmartestEnergy traders will monitor the market on behalf of…
Centrica to offer ‘one stop’ energy shop for business customers
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Centrica’s Distributed Energy and Power business has launched a ‘one stop shop’ for non-domestic customers. It aims to offer a single cloud-based portal that will give businesses visibility and control of their energy estate, including proprietary products from Centrica and…
Survey reveals major opportunities for demand side response
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Three quarters of UK firms are open to providing demand-side response (DSR), according to an annual survey of 180 public and private sector organisations by The Energyst. The majority (66%) of those surveyed in Demand Side Response: Shifting the Balance…
GFG announces plans for wind farm dedicated to supply industrial businesses
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The GFG Alliance has announced plans for a 178MW wind farm to be developed by related company Simec Energy. The 54-turbine £170 million investment at Glenshero in the Highlands will provide power for industrial schemes such as the GFG Alliance’s…
Logistics group Stobart will seek refunds from delayed biomass plant
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Stobart Group will be seeking to recover costs from delayed biomass-fuelled power plants that have required less fuel than expected, it said in a trading update. The logistics group said it had developed a renewable energy fuel supply chain to…
Electricity networks under fire over ‘excess profits’
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The UK’s large electricity networks return a third of their revenue as profit, claims the Energy and Climate Intelligence Unit (ECIU), and cumulatively at least half – over £5 billion – has been paid in dividends to the companies’ overseas…