Generation

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Jeremy Hunt has announced that new electricity generation will be exempted from the government’s windfall levy on the sector, while unveiling a wide-ranging package of energy infrastructure planning changes in his Autumn Statement. The statement, widely reckoned to be the last before the next general election, contains a series of announcements on reforming the planning system and speeding up electricity grid connection timetables.
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Experts on long duration energy storage (LDES) are split on the necessary target needed to deliver the UK's decarbonisation goal. While some experts have urged the government to set a long-term target of up to 100TWh, others have suggested that a smaller “no regrets” target should be set to “get the ball rolling” on LDES. However, government officials have refused to be pushed on the possible size of a target.
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The government must not slip back into the complacency that ultimately led to the failure of the latest Contracts for Difference (CfDs) auctions to attract any bids from offshore wind projects, an industry expert has warned. Earlier this week, the government announced hikes to the strike price caps for next year’s auctions but Adam Bell, director of policy at Stonehaven, said further changes are needed to prevent a repeat of the problems that emerged during allocation round five (AR5).
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Another deal signed at today's Anglo-French summit was an agreement to develop an interconnector between France, Alderney and Britain which would help transport tidal power from the island's waters and create another power trading link between the UK and Europe.
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Prime minister David Cameron and the French president Nicolas Sarkozy today made a bid to repair relations and attract positive headlines by signing an agreement on nuclear power that has long been in the offing. EDF aims to build four new nuclear plants in the UK. Today's agreement formalises UK-France cooperation.
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Sir Michael Pitt is adamant that transferring infrastructure planning from the Infrastructure Planning Commission to the Planning Inspectorate in April won't delay applications. He explains why to Roger Milne.
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Small and medium sized companies have a growing interest in generating their own renewable energy, according to research from Opus Energy. The supplier said 32 per cent of companies surveyed expecting to introduce solar panels, wind turbines or anaerobic digestion, and 38 per cent expected to generate their own renewable energy within five years.
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Halite Energy, the company behind plans for a condensed underground gas storage facility at Preesall, has called on people around its Lancashire site to participate in the next stage of the Infrastructure Planning Commission (IPC) process and register with the IPC to make a representation about the project application.
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International Power's UK-Europe revenues decreased 4 per cent to €3,618 with earnings before interest, taxes and amortisation down 14 per cent.
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Ed Davey, the new secretary of state at the Department of Energy and Climate Change, also 155 community energy projects that have each won a share of £5.1 million of funding from the Local Energy Assessment Fund.
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Funding renewable energy projects is becoming more challenging because of increasing financial, regulatory and operational risks. But it is not too late for government, the insurance sector and banks to help, says Siân Crampsie
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The UK's assumption about carbon costs underpins some huge programmes - not least the smart meter rollout. It has to reflect assumptions about how costs will change over the long term and can't swing on the whim of today's market.
Comment
Utilities will soon be asked by Brussels to apply for funding from the European Union 2012 trans-European energy network (TENs) spending programme that funds new electricity and gas infrastructure linking different countries. A formal call for proposals will be issued by the end of February.
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