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.
Continued cooperation on energy trading and climate policy should be included in any final Brexit deal between the UK and the European Union, according to trade bodies from both sides of the channel.
Germany energy giant innogy has been forced to revise down some divisional forecasts on the back of what it has described as “extraordinary low” wind levels.
Energy secretary Greg Clark has said the UK’s “substantial” pipeline of renewable energy projects could offer a replacement to the capacity lost by the scrapping of Toshiba’s plans for a new nuclear power station in Cumbria.
There must be an “unprecedented global political and economic effort” to shift energy towards more sustainable means if climate targets are to be reached, the International Energy Agency (IEA) has warned.
Historic datasets and artificial intelligence are to be used to help Western Power Distribution (WPD) predict where new energy technologies like electric vehicles or solar panels will be deployed in the future.
