Energy Live News’ Post

Ofgem reports delays in electricity connections process. The energy regulator has stated that ESO's proposal alone may not fully achieve the objectives outlined in the CAP, emphasising the need for continued progress on other actions. National Grid ESO #energycosts #energycrisis #energycustomers #energymarket #gridconnections

New survey shows that nearly 62% of Britons support Great British Energy in principle, but more would back it if it also supplied electricity directly to consumers Department for Energy Security and Net Zero YouGov #GreatBritishEnergy #energypolicy #energycompany #energysupplier #energynews #energycustomers #ukenergymarket https://lnkd.in/dPT8mxnr

Call to prioritise demand-side participation in REMA The Association for Decentralised Energy advocates for the Review of Electricity Market Arrangements to prioritise demand-side participation in electricity market reform, citing the potential to reduce reliance on gas #energynews #energyprices

UK at risk of future energy crisis due to heavy gas reliance A new report from the Energy Crisis Commission highlights that the UK is inadequately prepared for future energy crises, primarily due to its heavy reliance on gas for heating and electricity #costofliving #energybills #energycosts #energycrisis #energycustomers #energymarket #energypricecap #energyprices #energy

Renewables are often the cheapest option, even without subsidies. A chart has been created by Visual Capitalist, in partnership with the National Public Utilities Council. It shows the electricity sources that are the most and least expensive in 2024, using data by Lazard. Watch this short video to learn more about America’s cheapest energy sources. For more, visit www.certrec.com #energy #energysources #renewableenergysources #renewables #unitedstates #utilities #electricitysources #onshorewind #solarenergy #windenergy #energystorage #gridreliability #gridefficiency https://lnkd.in/d5uSjd3K

Ofgem reviews energy price cap operating cost allowances. The energy regulator is reviewing operating cost allowances within the energy price cap to ensure it protects customers. #energypricecap #energycrisis #energycosts #energyprices #costoflivingcrisis #energydemand #energyconsumption

Following the release of a report from The Energy and Climate Intelligence Unit which revealed that renewable sources generated more electricity than gas in the UK this winter, contributing to prices returning to levels not seen since before the Russian invasion of Ukraine in February 2022, Advantage Utilities Ltd. CEO Andrew Grover spoke to The Scotsman for this piece which urges Scottish businesses to revisit their procurement options in order to take advantage of lower market prices. #energy #renewableenergy #energyprices #PR #PRcoverage

Energy market reform, its been a hot topic for a while now and what some might call a slow burn - except if you are talking about WA where the Wholesale Electricity Market has undergone significant change in the last 5 years.   Now, the National Electricity Market is about to play catch up - with Climate Change and Energy Minister Chris Bowen appointing a four person expert panel to provide final recommendations on a revised market framework for the NEM in a little over 12 months.     What does the crystal ball say: ✔️ Incentives for investment in firmed renewable generation and storage ❌ States doing their own thing doesn't work in a 'national market' ❔ A capacity market might be / is likely to be required to meet emission reduction targets and reliability standards ✔️ Gas is back and new gas fired-generation is needed ❔ The cost impact for consumers, is there such a thing as "enough clean, cheap, reliable renewable generation and storage to power Australia’s needs" ?   I'm sure there are many in WA that have some thoughts on capacity markets and investment certainty for new generation if the panel want some input from those with real-world experience. Some might even have some thoughts on costs... https://lnkd.in/gyMZ9Xjj Tim Nelson Paula Conboy, NACD.DC GAICD

Alberta announces plans for a day-Ahead market and other comprehensive changes to renew and reinforce its electricity sector. Read our latest Insight to learn more. #BLGPublication #Electricity #Energy

As highlighted in the 2024 State of the Energy Union Report, the European energy transition is in full swing, with renewable energy breaking new records. At D.TRADING, we are committed to aligning with Europe’s ambitious ESG standards, ensuring that we contribute to both the region’s energy security and its sustainable development. By operating from Europe for Europe, we are working to build a future where energy efficiency, renewables, and ESG compliance drive real change. #ESG #Sustainability #EnergyTransition #DTRADING #CESEEMarkets Access the European Commission’s 2024 State of the Energy Union Report here: https://lnkd.in/dWvS5FKz