News
OFGEM Restructuring Requires Engagement Alteration
On 11 July 2019 Ofgem published its strategic narrative for 2019-2023. In this document Ofgem reiterated its commitment to competition and consumers.
Five Notable Developments In Nuclear This Week 28.06.2019
Dame Carolyn Fairbairn, director-general of the CBI, has urged the Government to consider alternative funding models for new nuclear. She joins EDF in lobbying for a ‘regulated asset base’ model, arguing that without it the UK will not be able to meet the Government’s new climate change targets. In a letter to Greg Clark, the business secretary, she also recommends that the Government to use this summer’s white paper to give ‘clarity on its vision’ to reach net zero.
Suppliers Need to Argue their Case in the Face of the Smart Export Guarantee
On 10 June 2019, the Government lay legislation introducing a new supplier-led, subsidy-free Smart Export Guarantee (SEG). The SEG is designed to replace the Feed-in Tariffs scheme which was discontinued in March 2019.
Five Notable Developments in Nuclear this Week 14.06.2019
1. Horizon CEO urges industry to fight for nuclear
Industry Needs to Embrace CCUS to Reach Net-Zero and Remain Competitive
On Thursday 2 May 2019, the Committee on Climate Change (CCC) published a report outlining how the UK can reach Net-zero emissions by 2050.[1]A key component of the plan is the widespread adoption of carbon capture usage and storage (CCUS), however, a lack of policy and financial backing calls into question the likelihood of this happening soon.
Five Notable Developments in Nuclear this Week 31.05.2019
1. Hinkley Point C running to schedule and soon to meet major milestone
Five Notable Developments in Nuclear this Week 17.05.2019
1.Failed nuclear projects cost National Grid £137 million
Five Notable Developments in Nuclear This Week 05.04.2019
1. Sellafield fined after worker exposed to eight times the annual limit of plutonium
Five Notable Developments in Nuclear this Week 29.03.19
1. MAGNOX announces new CEO
Gas Heating Under Threat
In the Spring Statement 2019[1], the Chancellor of the Exchequer, Philip Hammond MP, announced that the UK is going to shift towards low-carbon heating.
Five Notable Developments in Nuclear this Week 22.03.2019
1. EDF faces pushback on plans for new nuclear in Suffolk
Five Notable Developments in Nuclear this Week 15.03.19
1. Public perception of nuclear revealed in Yougov poll
