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The briefing note compares the areas of reform under review by REMA with Scotland’s ambitions
February 21, 2023

New research finds that heat pumps could cut 90% of Scottish households’ annual carbon emissions

By modelling typical Scottish homes, research commissioned by WWF and conducted by Cambridge Architectural Research found that air source heat pumps (ASHP) would be the “lowest cost and most versatile electric solution” for homes that currently use gas and oil boilers, reducing emissions by up to 90% annually.
Drawing evidence from international markets that already use LMP
February 21, 2023

UK Government must set ‘realistic budget and prices for renewable electricity’ in upcoming CfD auction

The UK Government must set a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction to prevent limited private investment in solar and wind generation, RenewableUK said.
Current-Price-Watch - UPDATED
February 20, 2023

Current± Price Watch: High capacity market clearing price points to continued caution

In this week’s edition of Current± Price Watch – powered by Enact – we take a look at the caution suggested by the high T-1 Capacity Market clearing price, the changing face of nuclear in Britain and the saving seen by industrial participants in the ESO’s Demand Flexibility Service.
UKPN partner with EPEX SPOT to host flexibility marketplace. Image Getty.
February 20, 2023

Final April price cap forecast hits £3,294

Following the closure of the observation window on 17 February, Cornwall Insight has confirmed its final prediction for the April Default Tariff cap for a typical household is £3,294 equivalent per year.
Smart meter unsplash
February 20, 2023

1.7 million households using prepayment meters receive energy bill support in January

New data from the Department for Business, Energy & Industrial Strategy (BEIS) showed that 1.7 million households using prepayment meters in Britain redeemed their Energy Bills Support Scheme (EBSS) vouchers in January alone – 130,000 more than December 2022.
Despite the eagerness for renewables in the North East
February 20, 2023

Windfall tax and inflation lead to 50% increase in low carbon generator development costs

Due to the newly introduced Electricity Generator Levy, current inflation levels and supply chain difficulties, costs in developing low carbon generation projects have increased by between 20% to 30%, with some quoting 50% for specific projects, Energy UK said.
Power prices predicted to drop by 18% in new Cornwall Insight research. Image: EDF.
February 20, 2023

EDF’s UK arm records £1.12 billion profit but Hinkley Point C’s estimated costs rise by 20%

French energy giant EDF’s UK branch posted an annual profit of £1.12 billion despite the state-controlled company having recorded annual losses of around £16 billion.
UK government invests further £1.3 billion into Sizewell C construction. Image: EDF Energy.
February 17, 2023

EDF’s Sizewell B nuclear plant goes offline for £80 million maintenance

​EDF’s Sizewell B nuclear power plant is going offline this week for a £80 million refuelling and maintenance programme to last 66 days.
The Vulnerability Commitment’s signatories include Octopus Energy
February 17, 2023

Vulnerability Commitment now represents 90% of the UK domestic market following new signatures

E.ON Next and Shell Energy have joined 12 retail energy suppliers in signing up to the Vulnerability Commitment to improve support for vulnerable energy customers.
Digital twin technologies could support energy policymaking
February 17, 2023

Digital twin technologies could support energy policymaking, says Energy Systems Catapult

Energy Systems Catapult has released a new report indicating that digital twin technologies could be used for government and regulators to develop possible future policies.

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