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Industry News Roundup November 2022

Wednesday 30/11 – BEIS publishes its response to its September consultation seeking to identify new generating technologies for the future Capacity Market, including updates on the progress of vehicle-to-X (V2X) technology and its potential to contribute to security of supply.

Tuesday 29/11 – Business and Energy Secretary Grant Shapps confirms that the government will proceed with Sizewell C nuclear power station, following the intentions set out in the Autumn Statement.

Monday 28/11 – BEIS announces that £32.9mn in government funding has been awarded to projects across the UK to develop new energy storage technologies as part of Stream 2 of the Longer Duration Energy Storage Demonstration (LODES) competition.

Friday 18/11 – The government announces it has provided £1.8bn in payments last month towards the Energy Bills Support Scheme (EBSS) with over 27mn households across GB benefited from EBSS payments.

Thursday 17/11 – Chancellor Jeremy Hunt delivers the government’s Autumn Statement. Chief among the announcements was that the government will increase the Energy Profits Levy from 25% to 35%, during the period of 1 January 2023 – 31 March 2028, while also introducing the Electricity Generator Levy – a temporary 45% tax that will be levied on extraordinary returns from low-carbon UK electricity generation, to be implemented from 1 January 2023 to 31 March 2028.

Wednesday 16/11 – Ofgem publishes a letter to non-domestic suppliers, highlighting its concerns around some reported non-domestic consumer harm. This letter lists some of the key concerns, including a lack of offers to contract, both when a customer rolls off an existing contract and for new connections.

Tuesday 15/11 – BEIS publishes the outcome of its carbon capture, usage and storage (CCUS): Dispatchable Power Agreement (DPA) business model consultation.

Monday 14/11 – Ofgem announces that Feed in Tariff (FiT) customers who had been charged an administration fee, in breach of the Supply Licence Conditions, by FiT Licensees Good Energy and F&S Energy would receive compensation.

Friday 11/11 – BEIS announces a £65mn investment package to help speed up the development of new green technologies globally.

Thursday 10/11 – The Department for Transport publishes its Renewable fuel statistics 2022: Second provisional report.

Wednesday 09/11 – Ofgem announces that it has officially issued a Provisional Order to Delta Gas and Power (Delta), following concerns for its financial situation.

Tuesday 08/11 – Ofgem issues its supplier performance report for the period between 1 January and 30 June 2022, covering any areas of non-compliance under schemes such as the Renewables Obligation (RO) and Energy Company Obligation (ECO).

Monday 07/11 – Prime Minister Rishi Sunak urges countries to deliver on the Glasgow Climate Pact and pledges that the UK will work to become a clean energy superpower.

Friday 04/11 – The UK Government publishes the COP26 Presidency outcomes document detailing commitments and actions made following the Glasgow summit and the UK’s COP Presidency year.

Thursday 03/11 – The Environmental Audit Committee announces that it has opened a new inquiry examining the role that onshore solar energy technologies can play in the UK’s journey to net zero.

Wednesday 02/11 – Ofgem reports the number of Renewable Obligation Certificates (Rocs) presented to it by suppliers over 2021-22 totalled 109,312,159, which amounts to 85.5% of the total obligation.

Tuesday 01/11 – The UK Government publishes rules, guidance, and scheme documents relating to the Energy Bill Relief Scheme.

Written By Graham Paul


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