Energy innovation continues, but regulatory change is proving truly disruptive
Today my energy blog, Watt-Logic is two years old! Another interesting year… Looking back at what I wrote a year ago proves what I’ve said before about making predictions in this market (or...
View ArticleTransmission charging: outcome of judicial review uncertain but changes are...
Last week the legal challenge issued by Peak Gen and seven other companies against Ofgem’s decision last year to change the charging base for the demand residual component of transmission charges was...
View ArticleDe-carbonisation of heat will be an expensive challenge
In the last few weeks there have been a number of announcements by the Government and others on the challenging subject of the de-carbonisation of heat. Heating and cooling currently accounts for...
View ArticleOil price rise set to continue after US pulls out of Iran deal
Oil prices have been in the doldrums since the collapse from record highs of over US$110 /barrel in June 2014, broadly trading sideways in a US$ 40-60 range until late last year, when prices broke out,...
View ArticleMarket coupling failures undermine the Internal Energy Market
There are two main pillars to European energy policy: the internal energy market (“IEM”) and the Climate Change Package. The IEM was the result of extending the Single Market into energy, and involved...
View ArticleRelying on interconnectors for security of supply carries risks
Last week Will Gardiner, chief executive of Drax Group, told the Guardian newspaper that Britain’s increasing reliance on electricity imports through the use of interconnectors is a threat to energy...
View ArticleDe-carbonising everything: is CCU the answer?
I have bemoaned I previous posts the dependence of de-carbonisation goals on carbon capture and storage (“CCS”), a process that has yet to demonstrate commercial viability, other than in the context of...
View ArticleA possible OPEC production increase triggers fall in oil prices
A couple of weeks ago Donald Trump announced the US was withdrawing from the nuclear deal with Iran, and I wrote that this added to the bullish trend in oil prices. Since then oil prices have fallen...
View ArticleNew power projects in Wales: Government expected to approve new nuclear but...
Nuclear power is back in the news in the UK, with reports that the Government is provide support to the new nuclear plant being developed at Wylfa Newydd in Angelsey, Wales by Horizon Nuclear Power, a...
View ArticlePrice rises by energy suppliers will not be remedied by the price cap
The Big 6 energy suppliers have all raised the prices of their standard variable tariffs recently. E.On kicked off with a 2.7% increase, followed by EDF Energy with 1.4%, npower with 5.3%, Scottish...
View Article
