The Department for Business, Energy and Industrial Strategy and the energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system.
The Department of Business Energy and Industrial Strategy will seek over 50GW of capacity in the next T-4 capacity market (CM) auction for delivery in 2021/22, around 2GW less than the proceeding auction after a technical panel of experts overrode the recommendations of National Grid.
The Department of Business, Energy and Industrial Strategy (BEIS) is prioritising lowering the cost of decarbonisation for businesses, according to a senior civil servant who has claimed that getting costs down is “the biggest challenge” faced by the department.
Provisional contracts of over 312MW of demand side response (DSR) capacity have been awarded in the latest transitional capacity market auction, the last to be dedicated solely to the demand turn down.
Clean energy utility Good Energy has said it is to streamline its business in order to pursue new smart energy technologies such as electric vehicles and storage.
A multi-million pound EU funded project is set to provide the Isles of Scilly with a new smart energy system, using new software platforms to manage supply and demand through renewables, energy storage and electric vehicles.
The UK government must act urgently to support greater flexibility in the country’s power system or risk escalating system costs, the UK Energy Research Centre (UKERC) has warned.
The government’s upcoming Carbon Plan should include a specific strategy for promoting microgeneration, efficiency, storage and demand response across the UK small business community, according to the Federation of Small Businesses (FSB).
Business and energy secretary Greg Clark has failed to guarantee that intensive energy users will be made exempt from paying renewable energy levies attached to bills when the existing compensation scheme expires next year.
