08/11/21 – Useful Links

Interesting links, articles, news and blog posts sent out to members on 08/11/21.

News: Small scale nuclear to get green light this week – BBC News Online

8 November 2021, Simon Jack. Reactor designer Rolls-Royce will announce that a consortium of investors will back plans for a new smaller nuclear reactor project:

Link: https://www.bbc.co.uk/news/business-59201945

Consultation: Consultation on the initial findings of our Electricity Transmission Network Planning Review – Ofgem

5 November 2021.  This consultation summarises the initial findings of our Electricity Transmission (ET) Network Planning Review:

Link: https://www.ofgem.gov.uk/publications/consultation-initial-findings-our-electricity-transmission-network-planning-review

Q&A: Half world’s fossil fuel assets could become worthless by 2036 in net zero transition – Guardian Online

4 November 2021, Jonathan Watts, Ashley Kirk, Niamh McIntyre, Pablo Gutiérrez and Niko Kommenda.  $11tn fossil fuel asset crash could cause 2008-style financial crisis, warns new study:

Link: https://www.theguardian.com/environment/ng-interactive/2021/nov/04/fossil-fuel-assets-worthless-2036-net-zero-transition

News: Three million households to be in debt to energy supplier this winter – City AM

3 November 2021, Nicholas Earl. More than three million UK households are facing a troubled winter in debt to their energy supplier – half a million more than last year – according to comparison service USwitch.com:

Link: https://www.cityam.com/three-million-households-to-be-in-debt-to-energy-supplier-this-winter/

Policy paper: Energy-related products policy framework – Department for Business, Energy & Industrial Strategy

4 November 2021.  This framework sets out the UK plan on how we will drive products to use less energy, resources and materials and how this will contribute to achieving net zero:

Link: https://www.gov.uk/government/publications/energy-related-products-policy-framework

Commons Debate: Nuclear Energy (Financing) Bill – Parallel Parliament

3 November 2021.  Text of debate on the Nuclear Energy (Financing) Bill:

Link: https://www.parallelparliament.co.uk/debate/Commons/2021-11-03/debates/B5FFA487-74CE-4197-B8AB-3DA3803F3946/NuclearEnergy(Financing)Bill

News: Northern Powergrid unveils £2.5m ‘Microresilience’ smart-grid programme – Current News

3 November 2021, Molly Lempriere. Northern Powergrid has unveiled a new £2.5 million smart-grid programme, called Microresilience, which is claimed to be a first-of-its-kind​:

Link: https://www.current-news.co.uk/news/northern-powergrid-unveils-microresilience-smart-grid-programme

Call for Evidence: Energy National Policy Statements – Business, Energy & Industrial Strategy Committee

3 November 2021.  Call for Evidence – Energy National Policy Statements:

Link: https://committees.parliament.uk/call-for-evidence/620/

News: Government backs floating offshore wind ports with £160m funding – Current News

2 November 2021.  ​Up to £160 million of government funding is now available to developers and manufacturers looking to invest in UK large-scale floating offshore wind ports and factories:

Link: https://www.current-news.co.uk/news/government-backs-floating-offshore-wind-ports-with-160m-funding

Commons Debate: Carbon Emission Charges – Parallel Parliament

1 November 2021.  Text of Westminster Hall debate on Carbon Emission Charges:

Link: https://www.parallelparliament.co.uk/debate/Commons/2021-11-01/debates/F2982AB2-6D9F-4D5B-8720-D4EC7F36CDF8/CarbonEmissionCharges

Decision: Decision on designation of the Market-wide Half-hourly Settlement Governance Framework – Ofgem

1 November 2021. This update is to inform stakeholders that Ofgem is now designating the Governance Framework for Market-Wide Half-Hourly Settlement (MHHS):

Link: https://www.ofgem.gov.uk/publications/decision-designation-market-wide-half-hourly-settlement-governance-framework

News: Ofgem to consult on price cap methodology amid ‘challenging times’ for the market – Current News

29 October 2021, Molly Lempriere. ​Given the rising wholesale energy prices, Ofgem is to consult on the price cap methodology:

Link: https://www.current-news.co.uk/news/ofgem-to-consult-on-price-cap-methodology-amid-challenging-times-for-the-market

News: Fusion power on the grid by 2030s say sector leaders – Power Engineering International

29 October 2021, Pamela Largue.  Increasing numbers of private companies are aiming to deliver commercial fusion and producing significant breakthroughs in the science and technology that will lead to a commercial power plant:

Link: https://www.powerengineeringint.com/nuclear/fusion-power-on-the-grid-by-2030s-say-sector-leaders/

Press release: Scotland and Wales could be home to new floating offshore wind ports thanks to £160m UK government funding

30 October 2021.  New large-scale floating offshore wind ports and factories are to be built in the UK thanks to government investment:

Link: https://www.gov.uk/government/news/scotland-and-wales-could-be-home-to-new-floating-offshore-wind-ports-thanks-to-160m-uk-government-funding

Research briefing: E-petition on charges on carbon emissions – House of commons Library

29 October 2021. A debate will be held in Westminster Hall, on 1 November 2021 on an e-petition calling for charges on carbon emissions. The debate will be opened by Catherine McKinnell MP:

Link: https://commonslibrary.parliament.uk/research-briefings/cdp-2021-0177/

Private Members’ Bill (under the Ten Minute Rule): Electricity Grid (Review) Bill 2021-22 – Parallel Parliament

26 October 2021.  Electricity Grid (Review) Bill 2021-22:

Link: https://www.parallelparliament.co.uk/bills/2021-22/electricitygridreview

News: Energy price cap to be reviewed as firms go bust – BBC News Online

29 October 2021.  The UK energy watchdog has said it will review how the price cap on gas and electricity bills is calculated following a series of company failures:

Link: https://www.bbc.co.uk/news/business-59088216

Notice: Climate services for a Net Zero resilient world – Department for Business, Energy & Industrial Strategy

28 October 2021. A research programme to help the UK adapt and become more resilient to the impacts of climate change:

Link: https://www.gov.uk/government/publications/climate-services-for-a-net-zero-resilient-world

News: Moldova: Russia threatens gas supply in Europe’s poorest state – BBC News Online

27 October 2021, Steve Rosenberg. His country is immersed in a gas crisis. But Nicu Popescu is trying to remain positive:

Link: https://www.bbc.co.uk/news/world-europe-59048894

News: Plan for UK nuclear financing model moves upfront cost to energy bills – Guardian Online

26 October 2021, Jillian Ambrose. Legislation paves way for firms building nuclear plants to charge households long before completion:

Link: https://www.theguardian.com/business/2021/oct/26/plan-for-new-uk-nuclear-financing-model-moves-upfront-cost-to-energy-bills

News: CCC welcomes ambition of Net Zero Strategy but key issues must be resolved – Current News

26 October 2021, Molly Lempriere.  The Climate Change Committee (CCC) has welcomed the ambition of the government’s Net Zero Strategy, but called for further steps to implement policy quickly:

Link: https://www.current-news.co.uk/news/ccc-welcomes-ambition-of-net-zero-strategy-but-key-issues-must-be-resolved

News: UK energy sector makes net zero commitment – ReNews

27 October 2021.  The UK energy sector is committing to investing in and delivering a net zero power system in the 2030s. The sector, which has led the way in reducing the UK’s carbon emissions, made its pledge in a new report “Towards Net Zero emissions: the energy industry’s commitment to the climate, customers and jobs”:

Link: https://renews.biz/73167/uk-energy-sector-makes-net-zero-commitment/

Corporate report: Committee on Fuel Poverty annual report: 2021 – Committee on Fuel Poverty

13 October 2021.  The Committee on Fuel Poverty (CFP) annual report assesses progress towards the 2025 fuel poverty milestone and 2030 target and makes recommendations on energy bill affordability and a fair transition to net zero:

Link: https://www.gov.uk/government/publications/committee-on-fuel-poverty-annual-report-2021

Speech: Secretary of State speech to the Energy UK conference – Department for Business, Energy & Industrial Strategy and The Rt Hon Kwasi Kwarteng MP

7 October 2021.  Keynote speech by Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy, at the Energy UK Conference:

Link: https://www.gov.uk/government/speeches/secretary-of-state-speech-to-the-energy-uk-conference