Low carbon jobs and revenue in growth, says ONS
Turnover in the UK’s low carbon and renewable energy economy (LCREE) was estimated at £46.7 bn in 2018, up 16% from £40.4 bn in 2015.
Low carbon jobs and revenue in growth, says ONS Read More »
policy and regulation
Keeping regulatory certainty
At the end of April this year, Ofgem announced that it will not be launching a mid-period review into the current RIIO1 price control system regulating UK electricity networks. Their conclusion was that RIIO1 was working as intended and they had not identified any issues within the current price control system. They also mentioned that they are happy with preparations by energy networks in specific areas including electric vehicles, cyber security, new European laws and storm resilience. DNOs have committed to using existing allowances of over £600m to drive innovation further into a smarter, more flexible energy system. This helps ensure the energy networks are being more proactive and flexible in meeting demands of newer technologies and services to customers.
Keeping regulatory certainty Read More »
Europe-wide survey scores GB low on electricity system flexibility
Regulatory uncertainty, lack of visibility on returns, and technical challenges are impeding investment in flexibility services to support Britain’s electricity network as more renewables come online, according to the Energy Transition Readiness Index, which was commissioned by power management company Eaton and Drax.
Europe-wide survey scores GB low on electricity system flexibility Read More »
ENA launches election wish list for net-zero
The network companies forming the Energy Networks Association (ENA) have also declared themselves “ready to take a bigger role” in achieving the net-zero goal.
ENA launches election wish list for net-zero Read More »
BEIS not ‘jumping to conclusions’ on heat rules
The Department for Business, Energy and Industrial Strategy (BEIS) is still undecided on whether heat suppliers should be regulated in the same way as gas and electricity suppliers, and remains in “evidence gathering mode” for the time being.
BEIS not ‘jumping to conclusions’ on heat rules Read More »