Where is the electricity balancing market going?

The question in the title begs another question – can we really talk about a “balancing market” for electricity at all, with the answer being – no, not really. It is true that in a very broad sense the wholesale electricity market is to a read more…

Published on 8th February, 2018

Intermittent or unpredictable electricity supply contracts: Problem or Opportunity?

The supply of electricity to customers on agreed contract terms is the historic “meat and drink” of the industrial and commercial (I&C) electricity market. In addition, there is now a large and growing number of electricity generators in the UK (for example waste to energy read more…

Published on 5th January, 2018

Blockchain: A Game Changer for Energy?

According to IBM, blockchain technology can be used to track the legal sale of cannabis – apparently it’s all part of the debate surrounding the possible legalisation of marijuana in Canada. Technology company Everledger is already using blockchain to verify the history of diamond transactions, read more…

Published on 15th November, 2017

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