It’s nice to have some good news for a change. With so much volatility in the markets of late – and indeed in many aspects of our lives currently – we are seeing gas prices become more stable as a result of a range of positive drivers.
With transport currently the UK’s most carbon-intensive sector – overtaking power generation last year for the first time – it’s perhaps not surprising that reducing emissions has become such a focus
As an island, Great Britain is ideally placed to lead the world in the development of tidal energy technologies. Only last month, the UK’s first commercial tidal stream turbine project secured funding for deployment off the coast of Scotland in 2020
With the temporary suspension of the Capacity Market and Ofgem looking to shift network and distribution charging models away from peak consumption periods, businesses could be forgiven for feeling uncertain about the future of demand side response (DSR).
This major shake up in the way in which electricity transmission and distribution costs will be billed to consumers is creating a lot of uncertainty.
Will unplanned outages in the French nuclear fleet put pressure on UK power markets? Or will the slow down in the global economy result in a downward trend for wholesale energy costs?
This initiative is primarily aimed at a domestic audience, hoping to inspire more people to take action to save energy – as well as cutting bills.
Our own network and non-commodity charging experts have spent many days getting to grips with the proposals contained in Ofgem’s latest Targeted Charging Review update.