Despite no definitive decision yet from the European Commission about reinstating EU State aid approval for the UK’s Capacity Market, the Department for Business, Energy and Industrial Strategy (BEIS) is confident that it will resume – and hopefully before the next delivery period begins in October 2019.
With yet more ongoing uncertainty surrounding exactly how – and when – the UK will exit the European Union, many of our customers are keen to understand how the situation is likely to impact their future energy costs.
Until recently, it was unthinkable that consumers would become active participants in helping to manage the UK’s energy supply.
It’s nice to have some good news for a change. With so much volatility in the markets of late – and indeed in many aspects of our lives currently – we are seeing gas prices become more stable as a result of a range of positive drivers.
With transport currently the UK’s most carbon-intensive sector – overtaking power generation last year for the first time – it’s perhaps not surprising that reducing emissions has become such a focus
As an island, Great Britain is ideally placed to lead the world in the development of tidal energy technologies. Only last month, the UK’s first commercial tidal stream turbine project secured funding for deployment off the coast of Scotland in 2020
With the temporary suspension of the Capacity Market and Ofgem looking to shift network and distribution charging models away from peak consumption periods, businesses could be forgiven for feeling uncertain about the future of demand side response (DSR).
This major shake up in the way in which electricity transmission and distribution costs will be billed to consumers is creating a lot of uncertainty.