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Targets confirmed for upcoming capacity auctions

…(T-4) auction suggests secretary of state has decided “it’s better to be safe than sorry” when it comes to the assumed availability of nuclear generation. In a letter to the…

Weekend press: Water company dividends jump to £1.4bn

…race to build the UK’s first small modular nuclear plants and Octopus Energy boss Greg Jackson has said that artificial intelligence is already better than humans for a number of…

Dame Mary Archer and ex-EDF nuclear boss join DESNZ board

…this role, Cadoux-Hudson was MD of Nuclear New Build from 2009 to 2017 and chief financial officer from 2003 to 2009. While MD of nuclear development, he was also chairman…

Lords: Rule on Centrica’s Rough hydrogen storage plans before its too late

…makes within its report on long-duration energy storage, which labels the government’s lack of a clear plan as “distressing”. Centrica set out its plans to repurpose its Rough storage facility…

Labour set to stick to Sizewell C finance deal

…has said. At a fringe meeting at last week’s Labour conference, sponsored by the Nuclear Industries Association (NIA), recently appointed shadow consumers and clean power minister Jeff Smith said the…

Weekend press: Government officials fear Thames collapse could trigger wider rise in borrowing costs

…investment firms declined to comment, while Centerbridge did not respond. The Times Rolls-Royce scales back plans to build nuclear factories in UK Rolls-Royce has scaled back plans to build two…

Reset needed following ‘disastrous’ CfD auction

The government should undertake a “reset” of Contracts for Difference auctions, including changes to the pot structure and clearing process, an industry chief has argued. Tom Glover, RWE’s country chair…

How to shut down a gas network

…losses. Their expertise around pipes, road works, pressure and flow management, and dealing with local authorities, clearly has “some crossover” with those of heat network operators, although whether they would…

Why we need a Great Grid Upgrade now

The ambition of this year’s Autumn Statement is clear – boost business investment, increase jobs and in turn bolster the economy. Without doubt, the message for the energy sector is…

On the move: Elexon CEO departs, new board member at Centrica

…the board of directors overseeing the Atkins Nuclear Secured (ANS) subsidiary. Hughes has been appointed as an outside director to provide oversight for corporate activities and security compliance. He has…

Ofwat to close gaps in sector’s whistleblowing procedures

…Regular reviews of whistleblowing policies A clear process for managing disclosures Clear outcomes and insight An executive team and board that have oversight and a clear line of sight of…

Weekend Press: Yorkshire Water owner Corsair seeks exit

…the Nuclear Decommissioning Authority (NDA) after an investigation alleged that state actors had embedded sleeper malware into the computer network at Sellafield, the largest nuclear waste and decommissioning site in…

Weekend press: National Grid’s net-zero vision

…able to repay the funding. The progress towards a successful conclusion of discussions with the relevant lenders was unclear on Friday. Uncertainty has surrounded the solvency of Thames Water since…

Coutinho embraces uncertainty and rejects need for ‘ever-increasing targets’

clear. We have the strongest legal framework of any major country, which obliges the government to meet its carbon budget and live up to its net zero commitments. “There is…

Overcoming barriers to low-carbon heat at a local level

…assist councils in achieving their net-zero targets. This first event, looking at decarbonisation of heat, made it clear that while engagement between networks and councils is increasing, there is a…

Unlocking opportunities in the long-duration energy storage market

…majority of renewable generation. By 2030 there will be almost 100GW of intermittent renewable capacity on the GB system with available renewable and nuclear generation outstripping demand in almost half…

Give us the tools to hit net zero

…worse if we sit on them. There also needs to be clearer indication and proactivity from the government to steer and increase grid investment. At Lucy Electric, we are investing…

Weekend press: Shapps to slash energy bill support

…wind and nuclear power, should the party win the next election. Shapps called the plans the “most absurd Just Stop Oil rent-a-policy I’ve ever heard”. The Guardian Keir Starmer: Rishi…

Eon boss reveals biggest challenges of 30-year career ahead of exit

…new system is a daunting task for any business, the fact this was starting as the government was ordering all but essential workers to stay at home was clearly worrying…

Combating grid connection delays with delivery partners

…– EDF, for instance, is delivering two nuclear power stations at once, while National Grid has plans to deliver more over next six years than it has in the last…