The Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are de-rated within the Capacity Market (CM).
Ofgem has this morning announced that a joint venture comprising Mitsubishi and HICL Infrastructure has been selected to own and operate the Burbo Bank Extension transmission link.
Power provider and network operator SSE has defended the RIIO framework just as Ofgem said operators should prepare themselves for tougher price controls.
UK Power Networks (UKPN) has today unveiled its own transitional plan to become a distribution system operator (DSO) amidst “radical changes” to the UK’s power market.
Whole system thinking and the wider adoption of smart technology to increase visibility will be needed if National Grid is to adapt to the challenges of rocketing increases in distribution level generation.
The European renewables lobby has leapt to the defence of the sector, warning that a withdrawal of priority dispatch for renewables would be counterproductive.
Ofgem has said network operators should prepare for tougher price controls in the future just as a consumer watchdog lamented billions of pounds of profits it said were unjustified.
Levels of decarbonised, decentralised generation needed to meet the UK’s Paris Climate Change agreement would require “significant” changes in regulation to facilitate, SSE has warned.
