Yesterday afternoon chancellor Philip Hammond took to the despatch box to deliver the Autumn Budget. Amidst headline promises of stamp duty relief and fresh funding for driverless, electric vehicles, there were no major pledges relating to the energy market.
Ofgem has sought to reassure solar farm owners that it will not withdraw accreditation to subsidy schemes without having a good reason to do so as it continues to work on guidance for co-locating energy storage assets with solar.
UK households with solar PV look set to pay increased network charges in the future after Ofgem provided an update on its targeted charging review earlier this evening (6 November 2017).
The UK’s solar market is set for a rebound in the coming years but will lose ground to the rest of Europe as a result of government policy decisions, leading consultancy EY has concluded.
Liam Stoker takes a look at the acronym-tastic review of energy costs, led by Dieter Helm, which recommended, among more than 60 other things, the phasing out of CfDs and the introduction of equivalent firm power auctions.
Renewable generation set a new record in the UK throughout Q2 2017, however there have been repeated warnings for government as solar deployment continued to falter.
Dieter Helm has recommended that feed-in tariffs and Contracts for Difference auctions be phased out and merged into a single, unified Equivalent Firm Power (EFP) auction to better reflect costs associated with intermittency.
Leading trade bodies from the UK’s renewables sector have united to form the Smart Power Industries Alliance (SPIA) in a bid to support the transition to a smarter, more agile power system.
The domestic renewables sector is split over the outcome of Dieter Helm’s forthcoming cost of energy review, with some dismissing its relevance to the industry.
