Newcomer Symbio Energy has been told it must hand over £450,000 it owes to the FIT program which reimburses small scale renewable energy generators. The payment is already a week overdue.
Energy regulator Ofgem has announced it aims to bring in market-wide half-hourly settlement across the retail electricity market – from October 2025. The long timescale reflects a sluggish attitude at an inconsistent regulator which appears to be planning an unpredictable route to net zero.
The £12.7 million project will explore how to transport pure and blended hydrogen for use in heating and industrial purposes. Construction will start next year.
With the European Commission claiming its €100 billion ‘Just Transition’ fund will ease EU coal mining regions into a post-fossil-fuel future energy system, Adam Smith considers what happened in one deprived area of Britain when government policy failed to support talk of clean energy ambitions.
Ofgem passed its long-awaited, controversial plan for network charges last week, despite earlier warnings against the move. The UK electricity market regulator’s Targeted Charging Review has provoked a backlash in the renewables sector, as many believe that the plan will damage the economics of distributed energy resources and unsubsidized onshore wind and solar development.
The bickering around the British Capacity Market is not over yet. The European Commission has closed its formal investigation into the market mechanism’s alleged violation of EU State Aid rules, finding no violations of that kind. But footing the bill for the year-long suspension of the scheme might prove complicated.
URE Energy repeatedly missed deadlines to settle a £209,000 bill after it failed to source enough of the electricity it supplied two years ago from renewable generation.
An energy finance consultant from the international thinktank has added his voice to demands Theresa May, or her successor, spell out exactly how the decarbonization target will be met, and cited failings on solar as a warning on how not to proceed.
Although the nation’s PV industry has recently established new landmarks, warnings have been sounded about the immediate outlook for the sector.
Regulator Ofgem has said that 10 MW of small-scale solar projects have breached the deployment cap, leaving stakeholders uncertain about feed-in tariff payments. A failure to collect FITS could spell disaster for investors, says the U.K.’s Renewable Energy Association.
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