New wind generation, interconnectors and surging EV uptake will leave the transmission system having to tackle capacity deficits over the next decade, according to the system operator National Grid.
Energy regulation is moving too slowly for the market to truly take advantage of the emerging “digital highway” of electricity, Eaton’s Louis Shaffer has said.
Energy secretary Greg Clark has triumphantly declared the energy trilemma to be over in a landmark speech which established a new set of principles to steer future development of the energy market.
The future of the Capacity Market has been plunged into doubt after the European Court of Justice annulled the European Commission’s decision not to object to the scheme.
Germany energy giant innogy has been forced to revise down some divisional forecasts on the back of what it has described as “extraordinary low” wind levels.