The reinstatement of the Capacity Market, coupled with better than expected performance, has caused RWE to upgrade its full-year guidance by nearly 30%.
Tempus Energy has accused the European Commission of caving to industry pressure and rushing through its investigation into the Capacity Market, after the mechanism was cleared to be reinstated.
The European Commission has approved Britain’s Capacity Market scheme following an in-depth investigation into its state aid compliance.
Tempus confirmed that it had today (5 September 2019) lodged evidence with the European Commission to substantiate its claim that the Capacity Market unfairly discriminates against clean energy projects.
Bozhidar Bozhkov, head of Markets for Asset Optimisation at SmartestEnergy, looks at how battery storage has evolved in the past two years and what the market is like now.
ULEV uptake targets are 'muddled', according to a report released by The Centre for Research into Energy Demand Solutions (CREDS), detailing the need for reductions in UK energy demand.
Lauren Cook, analyst at Solar Media Market Research, explores the driving factors behind a storage boom that could see as much as 500MW of battery storage capacity deployed throughout 2019.
This week’s T-1 Capacity Market (CM) auction cleared at a record low clearing price of just £0.77/kW, with just one new build battery storage project winning a contract.
Coal continues to falter as SSE reveals plans to fully close Fiddler’s Ferry, its last remaining coal-fired power station.
