This week’s Queen’s Speech should include an Energy Bill focused on securing low carbon investment and creating jobs, delivering value to energy consumers and establishing a low carbon governance framework.
Electricity output from renewable sources in which SSE has an ownership interest was 1.4TWh - or 19% - below plan in the latter nine months of 2021.
Ofgem has stated it is ready to use its powers to change market rules if necessary in light of balancing costs doubling between September and November.
National Grid has seen its underlying operating profit rise 47% to £1.4 billion for the six months ended 30 September as it focuses on delivering “critical and green investment”.
Scottish Renewables is calling on the government and Ofgem to reform what it said are “volatile and unpredictable” charges that penalise Scottish renewable projects.
Tight margins are to characterise this year’s winter period, with significant price spikes in the Balancing Mechanism possible.
The Competition and Markets Authority (CMA) has found that the Gas and Electricity Markets Authority (GEMA) was wrong, or partially wrong, on a number of factors relating to the RIIO-2 price control period in its provisional decisions.
"There is much that still needs to be resolved” surrounding the UK’s climate and energy policies following leaving the European Union.
Scottish and Southern Electricity Networks (SSEN) has released new analysis showing 93% of its engaged stakeholders support reform of the current transmission charging regime.