Grid plans ‘would boost storage sector’

Grid plans ‘would boost storage sector’

Proposals unveiled by National Grid to reform the balancing services market would trigger the rapid development of energy storage, according to the Renewable Energy Association (REA).

The grid operator has launched a consultation on plans to rationalise the number of “products” used to balance supply and demand and then standardise the remaining products.

In its “Future of Balancing Services” report, National Grid also proposes to introduce a frequency response product that would for the...

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Ministerial reshuffles for energy and environment

Claire Perry, the former Parliamentary Under Secretary of State for Transport, has joined the Department for Business, Energy & Industrial Strategy (BEIS) as a junior minister during Prime Minister Theresa May’s cabinet reshuffle.

Nick Hurd, who was previously the Climate Change & Industry Minister, has left BEIS to become the new Home Office Minister.

Hurd was responsible for the carbon budgets, international climate change, green economy, energy efficiency and heat at BEIS.

Greg...

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Winter supply margins expected to be higher

National Grid’s latest Winter outlook has forecast an increase in spare power capacity compared to last year.

The grid operator expects the surplus electricity margin to be in the range of 3.7GW to 4.9GW – or 6.2% to 8.2% for winter 2017/18.

Cordi O’Hara, Director of UK System Operation said: “The margin has increased from last year which is encouraging as we enter the first main delivery year of the Capacity Market.

“We expect there to be sufficient gas supplies this winter and expect them...

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Shift to low carbon could threaten European energy networks – report

Credit ratings agency Moody’s has warned that Europe’s shift towards low-carbon sources of power could threaten the continent’s energy network operators.

Analysts concluded that the introduction of disruptive technologies and accompanying new regulations could alter the network operators’ business models and undermine the quality of their credit.

Stefanie Voelz, Vice President and Senior Credit Officer at Moody’s, said: “The shift to renewables in Europe has thrown up different challenges for ...

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Political uncertainty ‘threatens energy technology investment’

Nearly half of large energy users think political and regulatory uncertainty will hinder their investment in energy technology, according to a new survey.

British Gas polled more than 200 large energy users from the public and private sectors.

The cited political uncertainty created by Brexit and the General Election as concerns.

The poll also found that just over a third are struggling to convince their leadership team to let them invest in new energy technology.

‘Get proactive’

More than ...

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CBI says businesses are seizing green energy opportunities

Carolyn Fairbairn, Director-General at the CBI, has called on the UK Government to unlock a “golden age” of infrastructure investment.

Speaking at the National Infrastructure Forum, Fairbairn said ministers had a once-in-a-generation opportunity for a “boom in infrastructure building, from runways and railways to energy and digital, not seen since the Victorian era”.

She said: “Today, technologies like solar and wind mean companies and communities are generating, storing and sharing power –...

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Sector Round Up 20th June 2017

Low-carbon innovation platform launched

The Carbon Trust has launched the Energy Systems Innovation Platform (ESIP), an initiative to solve issues preventing a more-effective transition to a low-cost and low-carbon energy system.

Members of the ESIP include Centrica, DONG Energy, SSE, Scottish Power, Statoil and Wood Group, which together account for almost 50% of the UK’s electricity supply market.

Andrew Lever, Director of Innovation at the Carbon Trust, said: “We now have a window of...

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Industry urges new government to prioritise renewable energy

Renewable energy industry groups have called on Theresa May’s new minority government to prioritise low carbon generation and policy stability in the wake of the General Election result.

Hugh McNeal, Chief Executive at trade body RenewableUK, said: “To maintain our world-beating offshore, onshore and wave and tidal sectors, we urge Government to ensure a stable policy framework.

“All the main political parties recognise the urgent need to provide clean, affordable power for UK consumers. 79%...

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Renewables record for Britain

Half of Great Britain’s power has been produced from renewable sources for the first time.

Wind farms, solar parks and other renewables projects produced a record 19.3GW of power on Thursday 8 June.

The 50.7% total exceeded the output from coal- and gas-fired power stations combined.

When nuclear power was included in the figures, low-carbon’s share rose to 72.1%.

‘Need stable policy’

Lawrence Slade, chief executive of trade body Energy UK, said: “Today’s renewables record shows that...

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IEA flags net zero emissions target

The global power sector could reach net-zero carbon dioxide emissions by 2060, according to a new report from the International Energy Agency (IEA).

Under the IEA’s 2DS scenario, the rise in global temperatures could be limited to 2C.

To achieve zero emissions, current technological innovations would need to be pushed “to the limit”, along with an “unprecedented” level of policy support.

At present, only three out of 26 forms of technology assessed by the report are on track to meet their...

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