Public Funding for Green Energy in a Context of Crisis
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Gewijzigde Regels Veilingen Lange Termijn Capaciteit Elektriciteit Britned
Autoriteit Consument & Markt Besluit Openbaar Ons kenmerk: ACM/DE/2015/206451_0V Zaaknummer: 15.0209.27 BESLUIT Besluit van de Autoriteit Consument en Markt op grond van artikel 5, zesde lid, van de Elektriciteitswet 1998. Autoriteit Consument & Markt Besluit Openbaar Inhoudsopgave 1 Inleiding 3 2 Procedure van totstandkoming van dit besluit 5 2.1 Terinzagelegging en zienswijzen 5 2.2 Notificatierichtlijn 5 3 Wettelijk kader 6 4 De voorstellen 7 4.1 Aanleiding voorstellen en gevolgde procedure 7 4.1.1 EU HAR 7 4.1.2 BritNed Access Rules 8 4.2 Toelichting op de voorgestelde wijzigingen 8 4.2.1 EU HAR 8 4.2.2 BritNed Access Rules 13 5 Beoordeling 14 5.1 Reactie op consultatie 14 5.2 EU HAR 15 5.2.1 Datum inwerkingtreding 15 5.2.2 Zekerheden en kredietlimiet 16 5.2.3 Minimumprijs 16 5.2.4 Beperking van transmissierechten 16 5.2.5 Conclusie 17 5.3 BritNed Access Rules 17 5.3.1 Conclusie 17 6 Dictum 18 Autoriteit Consument & Markt Besluit Openbaar 1 Inleiding 1. BritNed Development Limited (hierna: BritNed) is exploitant van een interconnector voor het transport van elektriciteit tussen Nederland en Groot-Brittannie. De minister van Economische Zaken heeft op 27 juni 2007 ontheffing verleend aan BritNed en TenneT TSO B.V. voor de BritNed interconnector. 2. In dit besluit wordt het verzoek van BritNed om goedkeuring van de volgende documenten beoordeeld: 1) de Allocation Rules for Forward Capacity Allocation (hierna: EU HAR); 2) Annex 1 List of Bidding Zone borders and/or their subsets to which the Allocation Rules apply including information on type of allocated Long Term Transmission Rights (hierna: Annex 1); 3) Annex 13 to the Harmonised Allocation Rules Border specific annex: BritNed lnterconnector (hierna: Annex 13); en 4) de gewijzigde BritNed Access Rules. -
Annual Report and Accounts
2010/11 Annual Report and Accounts 2010/11 Annual Report and Cautionary Statement performance against regulatory targets This document comprises the Annual and standards and against our peers Report and Accounts for the year ending with the aim of delivering stakeholder Accounts 31 March 2011 for National Grid and its expectations regarding costs and subsidiaries. It contains the Directors’ effi ciency savings, including those related Report and Financial Statements, to restructuring and internal transformation together with the Independent Auditor’s projects; and; customers and counterparties Report thereon, as required by the failing to perform their obligations to us National Grid plc Companies Act 2006. The Directors’ and our arrangements with the Long Island Report, comprising pages 10 to 108, Power Authority not being renewed. Other has been drawn up in accordance with factors that could cause actual results the requirements of English law, and to differ materially from those described liability in respect thereof is also governed in this document include fl uctuations by English law. In particular, the liability in exchange rates, interest rates and of the Directors for these reports is solely commodity price indices; restrictions to National Grid. in our borrowing and debt arrangements, funding costs and access to fi nancing; This document also contains certain our effective rate of tax; National Grid’s statements that are neither reported status as a holding company with no fi nancial results nor other historical revenue generating operations of its own; information. These statements are infl ation; seasonal fl uctuations; the future forward-looking statements within the funding requirements of our pension meaning of Section 27A of the Securities schemes and other post-retirement Act of 1933, as amended, and Section benefi t schemes; the loss of key 21E of the Securities Exchange Act of personnel or the ability to attract, train 1934, as amended. -
Renewable Energy Overview
APPENDIX F Agenda Item No. 9 RENEWABLE ENERGY OVERVIEW 1 Purpose 1.1 This report is to inform the Committee on the national situation with regard to renewable energy, as it applies to the district. It sets the scene for reports to future meetings of this Committee looking at renewable energy, including wind energy and sustainable construction. 2 Recommendations 2.1 That the Committee notes the information provided within the report and takes this into account when considering future related reports. 2.2 That the Committee identifies any specific issues emerging that they would want to see covered in the forthcoming related reports. 3 Executive Summary 3.1 This report is the first of three that will come together to cover a broad range of issues relating to how we respond to renewable energy and sustainable construction in new and existing developments. 3.2 This report is to inform the Committee on the current direction of National policy with regard to renewable heat and power. It sets out the forthcoming legislation and government targets that we are expected to achieve. 3.3 Taking forward this more general “scene setting”, a report will come to the next meeting of this Committee, to explain how we would approach any wind- farm applications that are submitted in the context of our current planning policies. A third report will come to a future meeting, covering sustainable construction issues. 3.4 National Context 3.5 The Nation’s electricity demand stands currently at 330TWh (a Terawatt/hour is a billion Kilowatt/hours so for context, if a typical house uses 4,000kWh/year (the UK average), this equates to electricity to power 82.5 million homes). -
BEIS Consults on Potential Actions in the 2020S to Phase out the Use of High-Carbon Fossil Fuel Heating in Buildings ENERGY PERSPECTIVE 02 Located Off the Gas Grid
Tom Crisp Editor 01603 604421 [email protected] Monday 19/03 – BEIS consults on potential actions in the 2020s to phase out the use of high-carbon fossil fuel heating in buildings ENERGY PERSPECTIVE 02 located off the gas grid. Media reports indicate BEIS has rejected calls for an inquiry into the UK’s gas storage capacity following recent price Cliff-hanger: supplier new entry in volatile markets – Gareth spikes. Oil and Gas UK predicts that production from the UK Miller Continental Shelf will increase by 5% in 2018. POLICY 05 Tuesday 20/03 – Energy and Clean Growth Minister Claire Perry confirms the government will be undertaking a formal review of the Low-carbon levies to breach £12bn per annum in 2026 Capacity Market this year. The Offshore Wind Industry Council details BEIS consults on standards for the industry’s vision for 2030, including 30GW of new capacity and smart appliances £48bn of investment in UK infrastructure. The government loses two BEIS considers novel options to votes in the House of Lords over its plans for successor arrangements decarbonise off-grid heat Parliamentary update – Week 12 for Euratom post-Brexit. The former CEO of E.ON UK Tony Cocker is 2018 appointed as the new Chairman of the Energy Innovation Centre. REGULATION 11 Wednesday 21/03 – Appearing before a Lords select committee, Claire Perry indicates the UK will look to remain in the EU Emissions Ofgem considers default tariff cap options Trading System, at least until the end of the current phase in 2020. Ofgem’s annual report on the Renewables Obligation shows it issued INDUSTRY STRUCTURE 14 86.2mn ROCs in 2016-17 – lower than the total UK supplier obligation Triad demand falls to record of 100.7mn ROCs. -
The Essential Guide to Small Scale Combined Heat and Power
The essential guide to small scale February 2018 combined heat and power The answer to all your combined heat and power questions in one, easy to read guide... Centrica Business Solutions The essential guide to combined heat and power Contents What is combined heat and power? 4 • About Centrica Business Solutions • Introduction to combined heat and power • Combined heat and power applications • Fuel options • Benefits of combined heat and power Economics of combined heat and power 6 • Stages of feasibility • CHP quality index • CHP selection • Site review to determine actual installation costs Financing the CHP project 10 • Discount energy purchase (DEP) • Capital purchase scheme • Energy savings agreement (ESAs) Integrating CHP into a building 11 • Low temperature hot water systems • Steam systems • Absorption cooling systems CHP technology 12 • The equipment • E-POWER Typical case studies 15 • Alton Towers • Newcastle United • Royal Stoke University Hospital Glossary of terms 18 CIBSE accredited CPD courses 19 Useful contacts and further information 20 2 Centrica Business Solutions ThePanoramic essential Power guide in to action combined heat and power About Centrica Business Solutions With over 30 years’ experience, more than 3,000 units manufactured and an amazing 27 millions tonnes of CO2 saved by our customers, Centrica Business Solutions are the largest provider of small scale CHP units in the U.K. We understand the power of power. As new energy sources and technologies emerge, and power becomes decentralised, we’re helping organisations around the world use the freedom this creates to achieve their objectives. We provide insights, expertise and solutions to enable them to take control of energy and gain competitive advantage – powering performance, resilience and growth. -
A Holistic Framework for the Study of Interdependence Between Electricity and Gas Sectors
November 2015 A holistic framework for the study of interdependence between electricity and gas sectors OIES PAPER: EL 16 Donna Peng Rahmatallah Poudineh The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2015 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-042-9 A holistic framework for the study of interdependence between electricity and gas sectors i Acknowledgements The authors are thankful to Malcolm Keay, Howard Rogers and Pablo Dueñas for their invaluable comments on the earlier version of this paper. The authors would also like to extend their sincere gratitude to Bassam Fattouh, director of OIES, for his support during this project. A holistic framework for the study of interdependence between electricity and gas sectors ii Contents Acknowledgements .............................................................................................................................. ii Contents ............................................................................................................................................... -
The Geopolitics of the Global Energy Transition Lecture Notes in Energy
Lecture Notes in Energy 73 Manfred Hafner Simone Tagliapietra Editors The Geopolitics of the Global Energy Transition Lecture Notes in Energy Volume 73 Lecture Notes in Energy (LNE) is a series that reports on new developments in the study of energy: from science and engineering to the analysis of energy policy. The series’ scope includes but is not limited to, renewable and green energy, nuclear, fossil fuels and carbon capture, energy systems, energy storage and harvesting, batteries and fuel cells, power systems, energy efficiency, energy in buildings, energy policy, as well as energy-related topics in economics, management and transportation. Books published in LNE are original and timely and bridge between advanced textbooks and the forefront of research. Readers of LNE include postgraduate students and non-specialist researchers wishing to gain an accessible introduction to a field of research as well as professionals and researchers with a need for an up-to-date reference book on a well-defined topic. The series publishes single- and multi-authored volumes as well as advanced textbooks. **Indexed in Scopus and EI Compendex** The Springer Energy board welcomes your book proposal. Please get in touch with the series via Anthony Doyle, Executive Editor, Springer ([email protected]) More information about this series at http://www.springer.com/series/8874 Manfred Hafner • Simone Tagliapietra Editors The Geopolitics of the Global Energy Transition Editors Manfred Hafner Simone Tagliapietra Fondazione Eni Enrico Mattei Fondazione Eni Enrico Mattei Milan, Italy Milan, Italy ISSN 2195-1284 ISSN 2195-1292 (electronic) Lecture Notes in Energy ISBN 978-3-030-39065-5 ISBN 978-3-030-39066-2 (eBook) https://doi.org/10.1007/978-3-030-39066-2 © The Editor(s) (if applicable) and The Author(s) 2020. -
The Political Economy of Energy Transitions
The Political Economy of Energy Transitions “Case studies of natural gas and offshore wind in the Netherlands and the United Kingdom” Student: Steven Blom (s4261690) Project: Master thesis Public Administration Program: Comparative Public Administration (COMPASS) University: Radboud University, Nijmegen, the Netherlands Faculty: Nijmegen School of Management Thesis supervisor Tutors: Dr. J. (Johan) De Kruijf Prof. dr. S. (Sandra) van Thiel Research assignment Client: Dr.ir. R.P.J.M. (Rob) Raven Position: Professor Institutions and Societal Transitions Department: Innovation studies department of Utrecht University Former position: Industrial Engineering & Innovation Sciences - Eindhoven University of Technology [TU/e] th Date: August 11 , 2015 1 Table of contents Abbreviations & acronyms ..................................................................................................................... 5 Prologue .................................................................................................................................................. 6 1. Introduction ........................................................................................................................................ 7 1.1 Introduction ................................................................................................................................... 7 1.2 Chapter’s structure ........................................................................................................................ 7 1.3 Problem description ..................................................................................................................... -
Manifestosea.Pdf
Sustainable Energy Association Manifesto 2015 Policy measures for low carbon, affordable and secure energy in the UK, using our buildings. www.sustainableenergyassociation.com 1 The Rt Hon David Cameron MP Prime Minister “I applaud the launch of the Sustainable Energy Association and its plans to promote energy saving solutions in the UK. The Association’s mission – to develop cost effective and innovative ways for people and communities to reduce energy consumption – is a welcome contribution to our long-term economic plan. It will help families secure lower fuel bills, improve the UK’s energy security and reduce the UK’s emissions. This comes with my very best wishes for the Association’s future success.” 2 Contents Foreword 1 Summary of Proposals Pg 5 Our Proposals What has been achieved? Deployment scenarios for demand side technologies Why our proposals matter 2 The Economic Case Pg 10 What is the Economic Case? Infographic: Energy Solutions in Buildings are Cheaper Pathways to 2050: How to save the UK £12.9billion pa 3 Energy in Buildings Strategy Pg 15 The existing policy landscape Benefits of a joined-up approach Key Themes across Government Policy Which policies impact a “whole building” approach? 4 The Future of Heating Pg 18 Optimising current policy: the RHI, Building Regs Targeting Policy: fuel poor, off-gas and distress purchases Energising installers & optimising technologies Move from subsidy to regulation Condensing Boilers: Regulation Case Study 5 Achieving Deep Retrofit Pg 23 Making building retrofit a National Infrastructure priority Linking taxation & energy consumption Devolved delivery Warm Zones: Lessons Learned 6 Buildings in the Energy System Pg 27 Time of Use Tariffs and Smart Metering Buildings as Demand Side Response Developing and optimising “smart” technologies The Economics of Microgeneration on the Grid Concluding Remarks 3 Foreword As we approach the next General Election, the public and political spotlight on energy issues has never been brighter. -
Interconnectors
Connecting for a smarter future How interconnectors are making energy better for consumers Benefiting customers today Stronger links for and tomorrow a smarter future Interconnectors are making energy more secure, affordable Interconnectors are transmission cables that allow and sustainable for consumers across Great Britain (GB) electricity to flow freely between markets. They are at and Europe. And they are set to deliver much more. the heart of the transition to a smarter energy system. Tomorrow’s energy will be cleaner, more flexible and more responsive to the individual needs of consumers. To efficiently deliver the energy system of tomorrow, European countries are working together to maximise the potential of technologies £3 billion investment like battery storage, wind and solar power. Interconnectors Since 2014, over £3 billion has been invested in 4.4 GW of new enable smarter energy systems to react quickly to changes interconnector capacity, which will more than double the existing in supply and demand, ensuring renewable energy flows capacity between GB and continental Europe by the early 2020s. from where it is being generated in large quantities, to where it is needed most. Consumers benefit from interconnectors because they open the door to cheaper energy sources and Power for 11 million homes help GB build a smarter energy system. 4.4 GW of capacity provides access to enough electricity to power National Grid recognises 11 million homes. While the future relationship between GB and the EU the challenges that remains unclear, we are confident that we will continue Brexit poses. However, to trade electricity across interconnectors. It is in the best interests of all consumers for GB to keep working closely we remain confident 9.5 GW more that trade in electricity There is potential to increase the benefits to consumers through a with the EU to build an energy system that makes the best further 9.5 GW of interconnectors that will help deliver a smarter, more use of all our energy resources. -
Nautilus Interconnector April 2021 I National Grid
Nautilus Interconnector April 2021 I National Grid Nautilus Interconnector Proposed by National Grid Ventures April 2021 1 National Grid I April 2021 Nautilus Interconnector Nautilus Interconnector April 2021 I National Grid Introducing Nautilus North Sea Link: Interconnector 1.4 GW Under construction Live 2021 GB and Norway At National Grid Ventures (NGV), we are bringing National Grid Ventures (NGV) forward plans for Nautilus, a new interconnector Proposals for Nautilus are being developed by in East Suffolk that could supply enough NGV and our respective joint venture partner in electricity to power around 1.4 million UK Belgium, Elia. Viking Link: 1.4 GW homes. Under construction Nautilus could connect 1.4 gigawatts (GW) of NGV is the competitive division of National Grid. It Live 2023 offshore wind to the transmission systems of Great operates outside of National Grid’s core regulated GB and Denmark Britain and Belgium through a sub-sea electricity businesses in the UK and US where it develops cable called an interconnector. The project would and operates energy projects, technologies and include underground cabling works and onshore partnerships to make energy cleaner, more secure infrastructure, which would be located in East Suffolk. and more affordable for consumers. We are also bringing forward proposals for a second There are three distinct business entities under the BritNed: 1 GW interconnector in East Suffolk, currently known as umbrella of National Grid plc in the UK, as detailed Operational EuroLink. Both projects are early in their respective in the diagram below, all with different roles and Live 2011 feasibility stages, and EuroLink is currently less responsibilities. -
November 2018 Litigation and Dispute Resolution Review
November 2018 Litigation and Dispute Resolution Review Contents Antitrust 2 First UK follow-on cartel damages ruling BritNed Development Ltd v ABB AB and ABB Ltd Crime 4 Cybercrime – remedies against unknown hackers CMOC Sales & Marketing Ltd v Person Unknown & 30 ors Bank ordered to disclose suspicious activity reports to customer Lonsdale v National Westminster Bank [2018] EWHC 1843 (QB), 18 July 2018 Data Protection 9 Employer vicariously liable for rogue employee’s data breach WM Morrison Supermarkets PLC v Various Claimants Equity 12 Secured creditor has equitable duty to perfect, but not necessarily to protect, security for benefit of a guarantor General Mediterranean Holding SA.SPF (aka General Mediterranean Holding SA) v Qucomhaps Holdings Ltd, William James Harkin (& anr) Privilege 14 In-house counsel emails not privileged Glaxo Wellcome UK Ltd (t/a Allen & Hanburys) & anr v Sandoz Ltd & ors Public law 17 Decisions of a private body acting as a “skilled person” cannot be judicially reviewed R (Holmcroft Properties Ltd) v KPMG LLP & ors Sanctions 19 Amy Edwards Mere risk of exposure to sanctions insufficient for underwriters to avoid liability Litigation – Senior Professional Mamancochet Mining Ltd v Defendants Managing Agency Ltd Support Lawyer – London Sovereign immunity 20 Contact Assets owned by a state-owned enterprise not immune from enforcement Tel +44 20 3088 2243 Botas Petroleum Pipeline Corporation v Tepe Insaat Sanayii AS [email protected] allenovery.com 1 Antitrust FIRST UK FOLLOW-ON CARTEL DAMAGES RULING BritNed Development Ltd v ABB AB and ABB Ltd [2018] EWHC 2616 (Ch), 9 October 2018 The UK High Court ordered Swiss engineering company ABB to pay Anglo-Dutch power-grid joint venture BritNed just over EUR11.5 million in damages in a follow-on action relying on the European Commission’s underground and undersea power cables cartel decision.