While the British Energy Security Strategy included ambitious targets, it was missing policy on demand side reduction, support for customers, onshore wind and energy efficiency.
The size and scale of the current energy crisis and the knock on impact on consumer bills is now “beyond what this industry can deal with”, according to ScottishPower’s CEO Keith Anderson.
The Energy and Climate Intelligence Unit (ECIU) has criticised the lack of governmental support for onshore wind, highlighting that by 2035 the shortfall in the rollout of the technology could cost each household £125.
There is sufficient capacity and operational tools to maintain security of supply over for the summer period, National Grid ESO has said, with low demand to remain challenging.
Current± is running a snap webinar in response to the British energy security strategy, to discuss what opportunities it has created and to ask how achievable the ambitions set out within it are.
Following the usual slow period over the festive season and “extraordinary disruption” from the Omicron variant of COVID-19, the installation of smart meters in Great Britain has picked back up.
Average day-ahead, within-day and system prices in Q1 2022 all more than tripled compared to Q1 2021 as a result of the Russian invasion of Ukraine, EnAppSys has found.
Yesterday’s British Energy Security Strategy has been met with disappointment from many in the energy sector, who have branded it a ‘missed opportunity'. Current± takes a look at how the industry has responded to the strategy.
Following on from yesterday’s (7 April) energy security strategy, the government has launched a £375 million support package for nuclear, hydrogen and carbon capture, utilisation and storage (CCUS).