COVID-19 causes biggest energy investment drop in history
COVID-19 has sent investment in the power sector tumbling, with the International Energy Agency (IEA) expecting power sector spending alone to fall by 10% in 2020.
Articles tagged with: covid-19
Independant consultant Stephen Cirell discusses the levers the UK can use to ensure climate change is at the heart of the COVID-19 recovery.
Dampened demand forecast over bank holiday as grid balancing costs soar
Over the bank holiday weekend, the UK's electricity demand is set to drop to an all-time low of just 13.8GW while the cost of balancing soars.
Surging wind helps renewables overtake fossil fuels in Q1
For the first time ever, more electricity came from renewables than fossil fuels throughout the whole of Q1 2020.
SSE calls on National Grid ESO to defer additional balancing costs due to COVID-19
SSE Generation has put in a request to National Grid ESO to defer the additional Balancing Services Use of System (BSUoS) costs caused by COVID-19.
COVID-19 to hurt but not halt renewable energy growth says IEA
While COVID-19 looks set to hurt renewable growth in the short term, it will not halt it according to a new report by the International Energy Agency (IEA).
Arenko and National Grid ESO launch 'first of its kind' flexibility trial
Battery software company Arenko has teamed up with National Grid ESO to provide upward and downward reserve flexibility in a ‘first of its kind trial’.
UK's attractiveness continues to grow thanks to the return of CfD auctions
The UK has become more attractive for renewable energy investment over the past six months thanks to the return of the Contracts for Difference auction.
NIC calls for expansion of CfD to help build economic confidence
The Contracts for Difference (CfD) scheme should be expanded, the National Infrastructure Commission (NIC) has recommended as one of a number of measures to strengthen confidence in the economy.