Fixed charges are to be applied to all final demand network users irrespective of their ability to reduce their impact on the grid through generation or flexibility under Ofgem’s preferred strategy for its Targeted Charging Review (TCR).
Balancing markets throughout Europe are opening up to decentralised power, but there is still “significant room” for mechanisms to improve further.
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.
Electric vehicle drivers in the UK are disadvantaged compared to the rest of Europe, according to the MP behind a private members’ bill aiming to standardise charge points and introduce interoperable payment systems.
Energy and clean growth minister Claire Perry has attempted to downplay the impact of the ‘standstill’ imposed on the UK’s Capacity Market, courting accusations of dishonesty from the company behind the legal challenge that resulted in the suspension of the scheme.
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 government could be making decisions on the future of UK energy without considering their potential to impact consumer bills, according to a House of Lords select committee.
The government has failed to rule out that it may have to recover capacity market payments already made to contract holders as a result of today’s landmark ruling by the European Court of Justice.
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.