As Elon Musk’s Space X launched its Falcon Heavy rocket for the first time a few weeks ago with the aim to send a Tesla car and mannequin towards Mars’ orbit, we ask could life on Mars be getting closer?
Capacity Market clears at its lowest ever rates
A good Power Purchase Agreement (PPA) and understanding of operating costs is even more essential for natural gas CHP after the Capacity Market (CM) auction cleared at it’s lowest ever rates this month.
There were two auctions:
T-1 for Oct18-Sept19
Hope fades for the TRIAD rescue plan
We have previously written about the legal challenge raised to try and stop the loss of TRIAD income to embedded generators. Well, the first results have just come out …
2017 the UK’s greenest year for electricity… ever
National Grid figures recently revealed that 2017 was the ‘greenest year ever’ in terms of electricity generation in the UK. The move towards renewables, with record outputs for solar, wind and hydropower, caused record low levels of carbon pollution.
Battery storage made less attractive by Capacity Market
The Capacity Market (CM) was seen as a good/stable income stream for grid-scale battery projects worth around £20k per MW p.a. However, a recent decision by the Government has just blown a hole in potential new capacity market contracts!
No degression for January 2018
As widely expected, the Department of Business, Energy and Industrial Strategy (BEIS) has announced this morning that there will not be any RHI degression for any of the eligible technologies coming into effect on 01 January 2018.
PPA stands for Painful Purchase Agreement
Do you know…
- How much you are really paying your energy advisor/broker?
- What your contractual commitments are to your broker and energy supplier?
It can be well worth checking.
Electricity generation from coal is decreasing
You may have read a number of news articles recently stating that electricity generation from coal is decreasing in the UK. It’s true… in the second quarter of 2017 (shown in the graph below as 2017 Q2) just 2.0% of electricity was generated from coal, the equivalent of 1.5TWh.
Three Anaerobic Digesters and a saw mill…
As part of our Energy Account Management (EAM) service, our engineers will visit customer’s sites.
Make sure you don’t lose out over the TRIAD season
The TRIAD season is almost upon us once again. It’s time for another look at the outcomes of previous seasons which assist you in either avoiding TRIAD demand periods if you import electricity or hitting them if you export electricity.