The Government has published more details of the mechanism for supporting low carbon energy, the Contracts for Difference. CfDs pay the generator the difference between the cost of investing in a particular low-carbon technology, called the ‘strike price’ and the average market price for electricity, known as the ‘reference price’. Generators will still operate as […]

The Big Six energy suppliers will have to reveal the prices they buy and sell wholesale electricity under new plans from Ofgem released today. Fears of energy price manipulation were prompted earlier this year when a whistleblower flagged up strange behaviour in wholesale buying market. It gave extra heat to plans for reforming the energy […]

Certain schools, hospitals and factories which have their own back-up power using oil, gas or coal will be saved from a new energy tax in the new financial year. Organisations which use fossil fuels in stand-by power stations or combined heat and power (CHP) plants generating less than 2 megawatts (MW) will not have to […]

The UK could save up to £300million within the next five years if changes are made to the electricity generators’ licenses, according to DECC. The Government published its response to the Transmission Constraint Licence Condition (TCLC) yesterday, commenting on the proposals to modify the standard conditions of energy generating licences. It claimed changes should be […]

Ofgem is planning changes to the way it charges power generators for using the high voltage transmission grid, it announced yesterday. The plans could see charges for some Scottish power generators plummet up to 60% but others in the South may see small rises, says the industry regulator. An Ofgem spokesperson admitted the changes will […]

Rental Solutions & Services (RSS) has been drafted in by authorities in the Sultanate of Oman to counter power shortages. High demand in the summer months is known to cause outages in countries across the Gulf. RSS will provide 80MVA of temporary power, including generators and air conditioning across four different locations in Oman. Robert […]

Small companies fear their energy bills will rocket to pay for the EMR says a new report from the Federation of Small Businesses. The FSB is raising concern that electricity generators will pass on the extra costs of yesterday’s White Paper on market reform to consumers. Research from the FSB’s ‘Voice of Small Business’ survey […]