Energy trade body chief in Brexit plea

Energy trade body chief in Brexit plea

The head of Energy UK has called on politicians not to “mess up our energy system” when the UK leaves the European Union (EU).

Lawrence Slade, whose organisation represents over 100 companies across the energy sector, said that the EU Emissions Trading System (ETS) was the most efficient way to decarbonise the economy and said that participating in the Internal Energy Market was “the best way forwards”.

He criticised the lack of information following last month’s European Council meeting and...

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Renewables hits record generation

Renewable energy sources generated a record 27.9TWh of electricity during the opening three months of the year, a 10.2% year-on-year increase.

Renewables provided 30.1% of Great Britain’s electricity during the first quarter of 2018, nearing the 30.8% record set during the second quarter of last year.

Capacity rose by 4.2GW year-on-year to hit a record 41.9GW, with offshore wind farms accounting for 1.3GW of additional capacity.

Onshore wind farms accounted for 10.6% of electricity generation,...

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Solar investment set to fall in 2018

A cooling off in China and lower technology costs have seen global investment in solar generation fall by 19% in the first half of the year, according to new figures from Bloomberg New Energy Finance (BNEF).

However, the report shows spending on wind power and energy smart technologies such as electric vehicles and batteries are running above last year’s levels.

World investment in clean energy in the first six months of 2018 stood at $138.2 billion, down 1% from the same period in 2017. The...

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Businesses predict low carbon breakthrough

More than half of executives expect at least 50% of their products and services to be low carbon by 2028, according to a survey of firms committed to science-based targets to cut their emissions.

Almost one in five predict close to 100% of their products and services will be low carbon in the same timeframe.

In total, 79% of the companies surveyed said brand reputation is one of the biggest benefits of setting science-based targets, while 63% said the commitment helps to drive innovation....

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UK Government increases public sector energy efficiency target

Energy Secretary Greg Clark has laid out fresh energy efficiency targets for the public sector.

Clark aims to cut greenhouse gas emissions by 43% by 2019 to 2020 compared to 2009 to 2010 levels.

He thinks the reductions could save the public purse £340 million.

The previous target was to reduce emissions by 32% by 2019 to 2020, compared with 2009 to 2010 levels, which has been exceeded.

NHS saves £2bn

Clark said: “Our new, ambitious target for reducing emission across our central estate shows...

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Capacity Market targets set out by BEIS

The Government has detailed plans for the next Capacity Market auctions to ensure security of supply in the years ahead.

The Department for Business, Energy and Industrial Strategy (BEIS) is looking to procure 46.3GW of reserve electricity capacity through the upcoming 2022/23 T-4 auction and a further 4.6GW in the 2019/20 T-1 auction.

The auctions have a price cap of £75/kW per year and a price take threshold of £25/kW per year has been set for both.

The auctions are expected to take place on...

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10/07/2018 - Sector Round Up

Scotland’s largest offshore wind site starts generating

The European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay has begun producing its first power

The 11-turbine site is expected to reach full power later this summer, with the first turbine having only been installed in April.

Jean Morrison, chair of the Aberdeen Renewable Energy Group trade body, said: “The timescale between the first installation and first power is remarkable.”

> View Vattenfall's announcement

 

Community...

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Government needs to throw weight behind low-cost renewables says CCC

The Committee on Climate Change (CCC) has called on the UK Government to support low-cost renewables or risk consumers paying more than is necessary for decarbonisation.

The advisory body warned that there is currently no route to market for cheap onshore wind and said any worries over short-term costs were “misguided”.

The experts said that the cost to the economy of meeting the UK’s legally-binding climate change targets will be higher without cost-effective measures in every sector.

...

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European demand response market to grow to £2.6bn

The emergence of the “internet of things” (IoT) will help to grow the European demand response (DR) market to £2.6 billion by 2025, according to a new report.

The IoT involves connecting equipment – ranging from central heating boilers and lighting systems through to ovens or refrigerators – to the internet so they can be controlled remotely and can feed back sensor information to computers.

The report by consultancy firm Frost & Sullivan claimed IoT-enabled technology could help the...

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Green generation alone ‘not enough’ to meet climate goals

Carbon dioxide (CO2) emissions must be cut in the industry, transport and building sectors to avoid the worst effects of climate change, a new report has highlighted.

Writing in the journal Nature Climate Change, researchers from Imperial College London warned that cutting emissions from the power generation sector would not be enough on its own.

Joeri Rogelj, a Lecturer at Imperial College London, said: “Ensuring that global warming is kept within safe bounds requires us to stop emitting...

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