ISSN 2753-7757 (Online)

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Electricity markets

25/10/2023 News

EU ministers agree reform of electricity market design

The Council of the European Union (EU) reached a long-awaited agreement last week on a proposal to amend the EU’s electricity market design (EMD) in a bid to protect consumers from volatile prices and speed up the deployment of renewables.

Wind

Close up view of wind turbine blades against a blue sky

4/10/2023 News

Rising costs hit UK wind sector

Although the number of onshore wind projects has grown in the UK over the past year according to a new report, rising costs are having an impact, with what would have been the UK’s fourth largest onshore wind project being shelved just months after receiving planning approval.

Renewables

Wind turbine and solar panel near mountains

20/7/2022 News

Renewable power remains cost-competitive amid fossil fuel crisis

Almost two-thirds, or 163 GW, of newly installed renewable power in 2021 had lower costs than the cheapest coal-fired options in G20 countries, according to the latest analysis from the International Renewable Energy Agency (IRENA).

Electricity

Silhouette of pylon against a darkening sky

12/10/2022 News

Europe could face winter power cuts under worst-case scenario

All of Europe likely faces a ‘challenging winter ahead’ for energy supply, according to a recent report from the UK’s National Grid, with enforced power shutdowns at UK homes and businesses a possibility under a worst-case scenario.

Electricity markets

29/10/2025 News

Industry data failures threaten Ofgem’s biggest electricity market reform, suggests new report

The UK’s energy market entered a new era last week as electricity suppliers began migrating customer meters to half-hourly settlement, setting in motion a 19-month transition that will reshape how the nation’s power system is balanced and billed. However, energy data consultancy Stark warns that questions remain over whether the underlying data infrastructure is ready to deliver the Market-wide Half-Hourly Settlement (MHHS) Programme’s promised benefits of greater accuracy, fairer bills and faster settlement.

Energy markets

29/6/2022 News

UK households to pay £2.7bn for collapsed energy firms

The National Audit Office (NAO), the UK’s public spending watchdog, has warned that customers will need to pay an estimated £2.7bn to cover the costs of 28 energy suppliers failing since June 2021, in addition to the cost of running Bulb Energy.

Energy prices

Close up of gas burner with blue flames

8/3/2023 News

Call for continued help with bills despite UK energy price cap reduction

The UK energy regulator Ofgem has cut the energy price cap for the period 1 April–30 June 2023, but energy bills are still set to rise as government support reduces at the end of March.

Coal

Aerial view of vehicles in a coal mine

2/8/2023 News

Global coal demand to remain at record levels in 2023

Global coal consumption climbed to a new all-time high in 2022 and is expected to stay near that record level this year as strong growth in Asia for both power generation and industrial applications outpaces declines in the US and Europe, according to a new report from the International Energy Agency (IEA).

Electricity

View inside a pylon looking up

27/7/2022 News

UK launches biggest electricity market reform in a generation

The UK government has launched a review of the country’s electricity market design in a bid to radically reduce the UK’s exposure to volatile global gas markets and cut energy costs for consumers.

Renewables

Onshore wind turbines at night against backdrop of lit up city

31/1/2024 News

IEA anticipates that clean energy will reach record levels in next three years

Renewables and nuclear power are expected to grow to reach an all-time high in the next three years, according to a new report by the International Energy Agency (IEA).

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