Ofgem has fined InterGen £37 million for sending National Grid misleading signals to make what the regulator has described as a “substantial profit”.
Renewables are “on the brink” of becoming Britain’s main electricity source, according to research by EnAppSys.
Renewable generation hit a new record in Q3, producing 38.9% of the UK’s electricity.
The UK will have no problem meeting energy demands throughout this winter thanks to a surplus in generation according to the National Grids Winter Outlook report, released on the 9 October.
There has been a substantial drop in the levels of new battery capacity being entered into consideration for the Capacity Market, according to the prequalification results of the next auctions.
The UK will not need any new large gas generation to plug the gap filled by retiring coal plants, with renewables and other distributed energy systems ideally placed, a new report has found.
The UK’s power system could become greener and more efficient if excess generation, typically from renewable sources, was used to create hydrogen.
Renewables and nuclear combined to generate more than half of the UK’s power for a second successive quarter in Q3, but energy monitoring firm EnAppSys has warned of looming factors that could prevent their share from growing further.
Danish energy giant DONG Energy is to rebrand itself as Ørsted in a move designed to shake off its fossil fuel foundations.