Honeywell and demand response aggregator Pearlstone Energy have announced plans to build a 200MW demand response portfolio within five years. The aggregator will deploy Honeywell’s automation software to offer a revenue stream to commercial and industrial firms via National Grid’s Short Term Operating Reserve (STOR) programme. The STOR programme pays companies to shift load at periods Read more…
4000 firms hit Esos deadline
Some 4000 firms made the 5 December Esos deadline, according to the Environment Agency. A further 2500 notified the agency that they intend to comply by 29 January, avoiding the risk of enforcement action should they complete and submit audits by then. Up to 14000 firms are covered by the scheme, which means that only around Read more…
National Grid buys 3.6GW of back-up power to meet winter demand, DSR tender to follow
National Grid has procured some 3.58 GW of back-up power for next winter at a cost of £122.4 million. The system operator ran the supplemental balancing reserve tender last month. It proposes to issue contracts to 12 power stations, paying them to be available if needed between November 2016 and February 2017. The plant that Read more…
UK firms plan major energy efficiency push ahead of power price spikes
More than nine out of ten (93%) company directors plan to implement energy efficiency or demand response measures in 2016. Surveyed by The Energyst ahead of the 2016 Directors’ Report, almost eight out of ten (79%) said that energy had become more of a strategic focus for their organisation over the past 12 months. Around two Read more…
Around 1,700 firms Esos compliant a week before deadline
The Environment Agency is facing the anticipated last minute surge of Esos processing in the last few days before the 5 December deadline. But the effective extension and soft line approach to enforcement appears to have averted an all out stampede. A spokesperson told The Energyst that the agency was “busy processing notifications and supporting Read more…
Energy consultants warn of spikier power prices
Energy brokers have warned of spikier half hourly power prices in 2016. The consensus is that wholesale prices will remain flat. However, changes to industry balancing processes, tight system margins and increasing non-commodity costs, such as transmission and distribution and green energy subsidies, will drive up power prices. Brokers predict spikier half-hourly power prices will Read more…
Are you ready for Triad season?
The clocks going back signalled the start of the Triad season. In this sponsored post, SmartestEnergy key account manager Mark Cox explains why both buyers and generators should take notice Recent media coverage of the National Grid’s winter forecast for gas and electricity demand and supply – as well as the recent NISM – has Read more…
No more CCS money, more for renewable heat, small nukes and shale
George Osborne has pulled the plug on the £1bn carbon capture and storage fund, lengthening the odds of the technology and associated infrastructure reaching maturity in the UK. The news was not contained in the Autumn statement. Instead the government yesterday notified the stock exchange. It was not a move the CCS industry had seen coming. Read more…
Business energy firm BES hit with million pound penalty for bad practices
Small business energy supplier BES has been hit with a penalty just shy of £1 million by energy watchdog Ofgem. The regulator’s investigation found the supplier was treating customers unfairly by not telling them about important contract details. As most of its customers were on multiyear contracts, BES’ failure to explain possible termination fees to customers Read more…
National Grid plays down blackout fears but calls for more demand response
National Grid has disputed figures that suggest the UK will face a significant power capacity shortfall next winter. However, it underlined the need to scale demand response as more generating plant comes off the system. Facing questions from the Energy and Climate Change Committee, the system operator reiterated that winter margins would get tighter but expressed Read more…
Policy reset confirms security and affordability top priorities, but little detail
Amber Rudd’s policy reset has underlined the government’s plans to forge ahead with new nuclear and replace coal with gas. Other than the announcement that unabated coal would be culled by 2025, and a that there is a “strong case” for a more independent system operator, the energy secretary’s ‘reset’ speech was light on detail. Read more…
Government confirms unabated coal hard stop by 2025 ahead of Rudd’s reset
The government has confirmed that unabated coal-fired power stations will face restricted use from 2023 and total closure from 2025. The department of energy and climate change announced the move in a pre-market statement ahead of a broader policy ‘reset’ to be given by energy secretary Amber Rudd at 10.30am. Rudd is expected to give Read more…
Use the right metrics and energy efficiency projects will get board’s attention
Turning an energy-saving idea into reality nearly always relies on getting the required investment, either internally or externally. Understanding the options and supporting proposals with a sound business case is essential, says Geoff Newman of Sabien Technology, in this sponsored post. In recent years many good ideas to increase energy efficiency have fallen by Read more…
UK company directors expect power prices to rise 10% in 2016
Around two thirds of company directors surveyed by The Energyst believe that power prices will rise by around 10% in 2016. That prediction follows a relatively benign 2015 in terms of wholesale prices. Early respondents* to the annual Director’s Report have indicated that they are equipped to deal with spikier prices as a result of Read more…
National Grid to launch two new demand side tools, urges firms to sign up
Demand Side Response (DSR) is breathing new life into the UK’s energy system. It offers lucrative incentives to businesses that can reduce – or increase – their demand when called upon. Now National Grid, in this sponsored post, urges more large energy users to tap into its potential by participating in DSR programmes. The system Read more…
National Infrastructure Commission to focus on energy storage and demand response
The new infrastructure body led by Lord Adonis has made balancing the UK’s power system a national priority. The National Infrastructure Commission will publish three reports before next year’s spending review. Energy, focusing on balancing demand and supply, is one of the three key areas, alongside connectivity in the North, and London’s transport infrastructure. The Read more…
Rudd: Price spikes from tight winter margins will not hurt customers
The lesson learned from last week’s tight margin call by National Grid is that security of supply must be the government’s core focus, according to Amber Rudd. The energy secretary was today questioned about the incident by the Energy and Climate Change Select Committee. The department of energy and climate change has made clear since May Read more…
Osborne should cut out the fat and rationalise energy market – report
The Treasury should reset energy market administration in the Comprehensive Spending Review. It should free up Decc to work on strategy and policy, make Ofgem a pure regulator and hack back the overgrowth of energy market bodies. According to a think tank paper published today that would theoretically save hundreds of millions of pounds and Read more…
Eon takes offshore wind hit as Supreme Court rejects Robin Rigg appeal
The news that Eon must foot the bill to repair defective offshore wind turbines at Robin Rigg may have ramifications for UK offshore wind farm developers. Many developers have had to deal with issues relating to the grout used to connect turbine towers to their foundations. It’s a costly and often difficult fix in a Read more…
Ofgem fines Eon for failures on advanced meter rollout
Eon has been hit with a £2 million fine and faces the prospect of another multimillion pound penalty if it does not rollout 7,000 advanced power meters to business within 12 months. Regulator Ofgem announced the action today following an investigation. The money will go to the Carbon Trust, along with a further £5 million Read more…
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