Trading through interconnectors is set to be included in the upcoming Brexit negotiations between the UK and the European Union, after an energy agreement was included in government plans.
The UK will have no problem meeting energy demands throughout this winter thanks to a surplus in generation according to the National Grids Winter Outlook report, released on the 9 October.
Britain’s high carbon prices look set to drive more prolonged periods without coal generation, but the country is still reliant on coal power from overseas, energy analyst firm EnAppSys has claimed.
A hard Brexit that sees Great Britain fall out of the Internal Energy Market (IEM) could cost consumers as much as £270 million a year, a new report from the UK Energy Research Centre (UKERC) has claimed.
Energy storage, electric vehicles, demand response and interconnectors will be needed to provide the flexibility required for the energy transition to take hold by reducing the need for fossil-fuelled backup.
The government’s official positioning on a post-Brexit energy relationship is “encouraging”, but time is rapidly running out for the finer details of that relationship to be agreed upon, Energy UK has said.
The ‘Beast from the East’ cold snap in late February and early March exposed what Drax Group has dubbed an “undue reliance” on the country’s interconnection capacity.
The relationship between decarbonisation and energy security is “far from straightforward” and demand reduction strategies will be key to ensuring a stable energy system, the UK Energy Research Council has warned.
