Industry News Roundup September 2020
Friday 11/09 – Energy and Clean Growth Minister Kwasi Kwarteng tells the Commons Environmental Audit Committee that the government’s proposals for future Contracts for Difference auction round pot structures will be published “later this year”. This scheme supports the expansion of low carbon generation.
Thursday 10/09 – Future technologies, such as high-performance batteries for electric vehicles will receive further funding through the government’s Industrial Strategy Challenge Fund. Ofgem confirms that a total 115.9mn Renewable Obligation Certificates were submitted for the 2019-20 compliance period. The regulator has “still been too generous” to the networks with its RIIO-2 price control draft determinations, according to Citizens Advice. RIIO-2 will determine how much revenue energy network companies will be able to make.
Wednesday 09/09 – Local authorities (LAs) and LA-led consortia will be able to bid for funding under the government’s new Social Housing Decarbonisation Fund Demonstrator. Ofgem’s Consumer Perceptions of the Energy Market for Q220 is released – compared to the previous seven quarters, consumer satisfaction with their supplier was at its highest at 77% and rose from 73% in the previous quarter.
Tuesday 08/09 – The government announces accreditation deadline extensions for the Feed-in Tariff – this now closed scheme enabled premises with solar panels to earn revenue from exporting electricity to the grid. Bristol City Council-owned energy supplier, Bristol Energy, announces it has sold its residential customer base to Together Energy for £14mn.
Monday 07/09 – Think tank the Institute for Government warns that the UK has not yet confronted the scale of the task to reach net zero by 2050, claiming the country is “well off track to meet its target”.
Written By Graham Paul
Friday 04/09 – The Scottish government confirms plans to provide up to £1.6bn to directly support up to 5,000 jobs and tackle fuel poverty as part of Scotland’s green recovery. Nottingham City Council announces the sale of Robin Hood Energy’s customers to British Gas.
Thursday 03/09 – BEIS announces plans to review its policy on the future UK offshore oil and gas licensing regime as part of its wider aim of achieving net zero emissions by 2050. Ofgem announces that it has fined SSE £2.06mn for failing to publish inside information about the wholesale market in an “effective and timely” manner.
Wednesday 02/09 – BEIS publishes new guidance on the reporting and verification mechanism for carbon emissions in the Capacity Market – the scheme which guarantees GB’s security of supply. The nuclear industry publishes a framework to cut the cost of constructing new power stations in the UK.
Tuesday 01/09 – A government survey shows that there is strong public support found for heat decarbonisation policies. The Department for Business, Energy and Industrial Strategy (BEIS) issues a review of evidence from high-income countries on the relationships between heat, energy efficiency, smart technology and health.
Written By Graham Paul
