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This week's energy news headlines: CfD auctions to support major renewable projects are to be held every year from 2023; Green generators can now compete to provide stability services for the system operator; A domestic flexibility trial is to be launched to look at how consumers could help cut grid balancing costs.
15 02 2022
News article - 15 February 2022
Mark Cox, Strategic Account Manager, James Clark, Business Development Manager and Alex Walmsley, Senior Pricing Analyst, provide their expertise in our latest SmartestEnergy Talks podcast. They discuss the volatile wholesale price movements and rising environmental and network costs forecasted for I&C businesses and the value opportunities available for generators. Extraordinary Power Price Volatility One of the key topics discussed in both webinars was the wholesale market. Rising ener...
10 02 2022
Blog - 10 February 2022
This week's energy news headlines: Energy price volatility could continue into the 2030s without Government action; Technology firms lead the charge as corporate green energy buying hits a record high; Ofgem looks to increase the frequency of price cap reviews after latest hike.
08 02 2022
News article - 8 February 2022
This week's energy news headlines: A surge in demand for power could see market volatility continue for years ahead; The ScotWind offshore wind auction has been hailed as the start of a new era for the industry; Renewable generators are to pay back £39m under the CfD scheme.
18 01 2022
News article - 18 January 2022
This week's energy news headlines: The 4th round of the CfD scheme opens for applications for renewable developers to compete for a share of £285m of annual funding; The costs of the mechanism used to balance the grid have risen by almost 300% compared to last year; The shortfall across the Renewable Obligation schemes hits £218m after supplier failures.
14 12 2021
News article - 14 December 2021