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Wider forces have wreaked havoc in global energy markets in 2021, but UK policy has caused additional complications in the UK. In this podcast, Paul Butcher, Director of Public Policy looks at: Read more
As we set out in our briefing on the global energy crisis here, there has been a crisis around the world with record natural gas, coal and electricity prices. The causes are a combination of post-pandemic recovery, extreme weather events and fractious geopolitics, which have increased demand and compromised supply. We also argued that the … Read more
Have policymakers left us in energy limbo rather than transition? As winter fast approaches for the Northern Hemisphere, crisis increasingly describes the state the global energy system has reached; right now it’s easy to confuse graphs of energy markets with illustrations of the latest crypto-currency fad. Natural gas, coal and electricity prices around the world … Read more
In this podcast, Paul Butcher, our Director of Public Policy, looks at: the unprecedented nature of the current situation for natural gas, coal and electricity the consequences we are seeing for industry and consumers what caused the crisis, including: the ‘series of unfortunate events’ the surprising consequences of the pandemic and new ways of working … Read more
There is an ongoing global energy crisis with record prices for natural gas, coal and electricity. One aspect specific to the UK, including in relation to the large number of electricity suppliers that have ceased trading this year (21 as of the date of this briefing), is the default tariff cap introduced in 2019. Also … Read more
There is an ongoing global energy crisis with record prices for natural gas, coal and electricity. One aspect specific to the UK, particularly for the large number of energy suppliers that have ceased trading this year (21 as of the date of this briefing), is the supplier of last resort mechanism that has kicked in. … Read more
The post below was first published on our Energy blog On Saturday, 4 September 2021, Ofgem (the energy regulator in Great Britain) published its plans to further support the UK’s transition to electric vehicles (EVs) in the deployment of EVs and their integration into the electricity system. Ofgem aims to get the network ready for … Read more
The post below was first published on our Energy blog. The government recently undertook a consultation on certain amendments they proposed for improving the Capacity Market (CM). The government’s response to the consultation on improvements was published in June 2021. Below we have summarised the amendments that are now being made. The government will publish … Read more
The post below was first published on our Energy blog. The UK’s Department for Business, Energy and Industrial Strategy (BEIS) has published a response to consultation on its proposed amendments to the CfD scheme in relation to Supply Chain Plans ahead of the CfD Allocation Round 4 planned for late 2021. This follows a second consultation paper issued … Read more
