Wind power has much to offer on emissions reduction but less on firm capacity. A A Bettinson, R A Broughton and W E Hatfield argue that the new “demand stack” will need more flexible gas. In 2013, the UK’s wind…
Perspective
The demand side has real potential – but more work is needed to realise the resource
by New Power •
Judith Ward argues that there is much more that has to be done to allow us to access potential demand side measures – especially in the domestic sector. But, as results from Sustainability First suggest, the gains will be considerable …
Longread
THE NEW POWER INTERVIEW: STEPHEN LITTLECHILD
by New Power •
As head of then-energy regulator Offer, Stephen Littlechild was instrumental in setting up our energy market, and he says it would still work – provided political pressure does not put a spoke in the wheel. But that’s exactly what has…
Perspective
Utilities have not thought fully about how to meet new European regulations on trading
by New Power •
The reporting required to comply with new regulations on trading are the most challenging operational requirement for utilities, says Simon Tywuschik of PA Consulting. Nearly all respondents to a PA Consulting survey expected falling OTC liquidity and rising capital requirements…
Perspective
Where is the ‘smoking gun’ on energy market failures?
by New Power •
George Anstey and Matthew Mair take a look at Ofgem’s proposal to refer the energy industry to the Competition and Markets Authority. and find that the evidence is far from clear-cut. Since the launch of the Energy Supply Probe in…
Perspective
Act fast to keep the Capacity Market on track
by New Power •
A great deal needs to be done to ensure that a workable capacity market is launched as planned later this year, argues Clive Moffatt The EMR proposals were fundamentally flawed because they focused almost exclusively on creating price incentives to…
Flash update
“Carousel” VAT fraud suspected in energy markets
by New Power •
Tax authorities in Europe have grappled for years with the problem of so-called “carousel fraud”. In this scam goods are traded across EU borders and VAT is charged but never paid – netting the fraudulent traders a steady 20% of…
Perspective
The wind and fishery industries must co-operate
by New Power •
The National Federation of Fishermen’s Organisations, is calling for more cooperation at the planning stages of offshore wind farms. Barrie Deas explains why
Perspective
Government persists in denying its subsidies
by New Power •
William Blyth argues that a more honest and rational approach to energy
subsidies would benefit consumers