Energy Cost Review: Strategic Opportunity or Irrelevant Sideshow?

The appointment in mid-July of Dieter Helm to carry out an independent review into the cost of energy was as a result of an objective expressed in the January 2017 Industrial Strategy green paper, and subsequently in the Conservative Party election manifesto, for the UK read more…

Published on 4th September, 2017

Batteries, BTM and Buzzwords

Within the electricity industry we love our buzzwords and acronyms just as much as any other business sector – with Batteries and BTM (behind-the-meter for those not in the know) being the latest as part of the general excitement surrounding the issue of storage. These read more…

Published on 7th August, 2017

Is energy disruption a real phenomenon or just over-hyped business jargon?

“Disruption is a critical element of the evolution of technology – from the positive and negative aspects of disruption a typical pattern emerges, as new technologies come to market and subsequently take hold” – Steven Sinofsky The above quote by the ex-Microsoft executive responsible for read more…

Published on 10th July, 2017

Embedded Benefit Changes: A Call to Rethink the Issues

In our March blog “It’s TRIAD Jim, but not as we know it” we discussed Ofgem’s so-called “minded to” decision to reduce significantly TRIAD benefit payments to embedded generators. This Ofgem paper invited feedback from interested parties and one such response from Cornwall Energy highlighted read more…

Published on 15th May, 2017

What Do They Mean By A Smart Energy System?

“I was smart enough to go through any door that opened.”– Joan Rivers, Comedian In this month’s blog, we ask whether our electricity system is smart enough to adapt to the rapidly developing needs of the UK electricity market. However, we should start by asking read more…

Published on 11th April, 2017

Ofgem issues “minded to decision” document – “It’s TRIAD Jim, but not as we know it!”

With passing apologies to all Trekkies, there are various regulatory reviews currently underway with regard to the benefits currently payable to owners or operators of ’embedded’ generation assets. A generator is defined as ’embedded’ if it is below 100 MW capacity and is connected to read more…

Published on 10th March, 2017

Detaching Contract Notifications from Gate Closure – New Trading Options?

In November 2015 the system for setting the prices at which electricity buyers and sellers are “cashed out” due to imbalances between forecast and actual trading volumes was changed via a modification to the Balancing & Settlement Code (BSC) known as P305. This change had read more…

Published on 7th February, 2017

Squeezing out the value of embedded benefits for power generators

A key factor informing any investment decision in virtually every market sector is the presence of a stable and predictable legal and regulatory framework. This is especially true of the power sector, where the investment climate has been clouded by the major changes that come read more…

Published on 17th January, 2017

Power Play: Why smaller companies may struggle to win the generation game

Statistics clearly indicate that there is a booming investment in renewable onsite generation technologies. According to PWC, there was an estimated £27.7 billion investment in renewable electricity between 2010 and 2013. Furthermore, it projects this sector will attract a further £40 billion in investment in read more…

Published on 8th November, 2016

Can’t stop talking about my generation: Thirty years of power generation costs constantly falling in real terms

Last month’s blog gave you five compelling reasons why producing your own power is one of today’s hot topics. Let’s forego comment on the pros and cons of the recently announced green light for the Hinkley C nuclear project and address a fundamental underlying trend read more…

Published on 5th October, 2016