Ahead of a verbal hearing, Tempus Energy boss Sara Bell is “very confident” that the legal challenge filed with the European Court of Justice will result in the UK capacity market being found to be anticompetitive. Generators with contracts under the scheme will not be paid, she claims. Bell filed the complaint last December on Read more…
EnergyQuote buy marks Accenture power play
Accenture is set to acquire EnergyQuote after entering into an agreement with the firm last week. Terms of the deal were undisclosed. The move makes Accenture an even bigger fish in the European energy procurement and management services sector. EnergyQuote’s 279 staff are expected to transfer to Accenture upon deal completion and the company said Read more…
The Energyst: The new name for Water, Energy & Environment magazine
The Energyst magazine is the new name for specialist resources management publication Water, Energy & Environment. Published by Energyst Media, the magazine and its digital variants are essential reading for the modern energy professional. The rebrand of the print masthead comes a year after editor Tim McManan-Smith and sales director Steve Swaine completed a management Read more…
Decc must deliver credible energy efficiency plan as more renewable power cuts confirmed
The government has confirmed further cuts to renewable energy subsidies. Support rates for biomass and solar power will be reduced following consultation. The department of energy and climate change (Decc) will remove the grandfathering element (guaranteed levels of subsidies for a set duration) for biomass conversion and co-firing. It believes the move could save the Read more…
Bonfire of the subsidies as Rudd backs shale and nuclear power
Energy Secretary Amber Rudd has signalled further looming cuts to renewable energy subsidies and a firm commitment to nuclear power and shale gas, as well as conventional fossil fuels. Outlining the department’s priorities to MPs today, Rudd said that security of supply and affordability came first and that Decc remains committed to meeting the UK’s Read more…
What has the CRC done for us?
A piece of research commissioned by Decc has found the CRC carbon tax has done broadly what it said on the tin. The 88 page document concludes that the scheme initially frustrated many firms with its complexity, design changes and costs, but ultimately achieved carbon savings in line with its impact assessment. However, it states Read more…
National Grid moots demand side response rule changes as winter power margins tighten
National Grid is consulting on whether to change the rules around demand side response participation as the UK faces several winters of tight power supply margins. Stating today that the capacity margin for winter 2016/17 could fall to zero, the system operator has issued a consultation which tables wide ranging changes to balancing services. These Read more…
P272: are you ready for the change?
Inenco chief commercial officer Dave Cockshott explains what you need to know about the new half-hourly settlement code in this sponsored post. P272: mandatory half hourly settlement for profile classes 05-08. ‘It sounds like a fairly innocuous change to some industry code, and unlike an obligation on end users such as ESOS, it’s probably something that you Read more…
Don’t let Esos costs go to waste
With the clock very much ticking on compliance with the Energy Savings Opportunity Scheme (Esos), organisations should be thinking about how they can get a return on the costs involved, says Gemserv in this sponsored post. By 5 December this year, all large enterprises will need to have conducted an energy audit under the new Read more…
Taking full advantage of the Energy Savings Opportunity Scheme
As the deadline for ESOS submissions approaches, energy managers have the opportunity to present at board level the technologies and the business cases to increase their organisation’s profitability. In this sponsored post, Sabien talks about the importance of getting the business case right when it comes to boilers. As with so many regulations, the Energy Read more…
There’s a quieter, more efficient vacuum pump in town
In this sponsored post, Atlas Copco says its GHS 350-900 VSD+ range of highly efficient vacuum pumps delivers average energy savings of 50% and claims best in class noise levels and oil retention. The GHS 350-900 VSD+ range, generating nominal displacement of up to 900m3/h, incorporates state-of-the-art VSD technology that enables vacuum generation requirements to Read more…
EU signals bloc-wide renewable energy subsidies, wants demand response equality
The European Commission has signalled impending changes to EU energy legislation as it attempts to take greater control over national energy policies. The Commission gave further clues about its Energy Union ambitions, today publishing a summer package of proposals and issuing a consultation on major structural changes to the European energy system. While national governments Read more…
CCL exemption axe will add eight figures to business energy bills warn TPIs
The decision to tax renewable power under the Climate Change Levy will likely add tens of millions of pounds onto business energy bills, third party intermediaries have warned. They want the government to allow existing energy contracts to be honoured. Utilitywise and Inenco, two of the biggest TPIs, told The Energyst that the Chancellor’s unanticipated Read more…
TPI secrets revealed
Ask any business “Do you currently work with an energy consultant?” and nine times out of 10 the answer will be yes. Many businesses reading this sponsored post may well have strong views or extremely negative view of TPI’s based on past or present business transactions. We would like to introduce CUB UK, an energy Read more…
Osborne axes CCL exemption, promises review of energy tax ‘alphabet soup’
The government has claimed that businesses will not face significant increases in energy costs from its decision to axe the Climate Change Levy exemption for renewable electricity. Yet the move will likely increase costs to firms that use renewable energy by more than £5/MWh. Removing the exemption was announced in today’s budget alongside a commitment Read more…
Green Investment Bank: Energy managers must build better business cases
Energy managers must build better business cases if they are to succeed in getting energy efficiency projects signed off by their boards, according to the Green Investment Bank. Meanwhile, firms that cherry pick only short term payback solutions risk pricing themselves out of more substantial savings. A recent survey by The Energyst found that finance Read more…
CMA: Small firms being ripped off by £500m a year on energy, TPIs must disclose kickbacks
The Competition & Markets Authority has suggested that the UK’s small businesses are overpaying on energy bills to the tune of £500 million per annum. In a report published today the watchdog said third party intermediaries should be made to disclose more fully how and where they are making their money. The CMA has also Read more…
Government ‘should subsidise energy efficiency over renewables and give Esos teeth’
While George Osborne may be playing the blame game for the busted cap on renewable energy subsidies, the truth is that successive governments have failed to decarbonise UK plc at the lowest cost. Demand reduction would have been a cheaper option than the support levels afforded to some forms of generation, and should have been Read more…
Utilitywise bets against Lord Redesdale on blackouts risk
What would you wager on the lights staying on in the UK over the next six months? With Lord Redesdale, CEO of the Energy Managers Association, claiming there is a looming threat of blackouts, or at least brownouts, Jon Ferris, head of energy markets at Utilitywise explains why he’s willing to bet against the Peer. Read more…
Power prices will remain low to 2020, more thermal plant closures – Moody’s
Power prices will remain low through to 2020 on the back of demand reduction and growth in interconnectors and renewables according to Moody’s. In a report published today, the ratings agency said it expects demand to fall by 325MW a year and that growth in distributed generation will continue to erode transmission demand. Moody’s said Read more…
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