28/02/20 -USEFUL LINKS

Interesting links, articles, news and blog posts sent out to members on 28/02/20

News: The ‘importance of the UK energy sector’ recognised as interconnectors included in Brexit negotiations outline

28 February 2020 – Trading through interconnectors is set to be included in the upcoming Brexit negotiations between the UK and the European Union, after an energy agreement was included in government plans.

‘Importance of the UK energy sector’ recognised as interconnectors included in Brexit negotiations outline


What does the EU’s carbon border adjustment mean for the UK?

26 February 2020 – on 4 March the EU Energy and Environment Sub-Committee will take evidence from academics on the implications of the EU’s proposed carbon border adjustment mechanism for the UK.

https://www.parliament.uk/business/committees/committees-a-z/lords-select/eu-energy-environment-subcommittee/news-parliament-2017/eu-green-deal-evidence-one/

News:  Lord West: Nuclear power is essential to delivering our Net-Zero targets and decarbonising the economy – Politics Home

24 February 2020, Lord West.  We must start tackling the crisis in the UK’s future energy supply – nuclear and renewables can deliver a secure, low carbon system and meet growing electricity demand:

Lord West: Nuclear power is essential to delivering our Net-Zero targets and decarbonising the …

News: Negative pricing will be a ‘big feature’ in net zero transition as UK sees 15 periods in 2020 so far – Current News:

21 February 2020, Molly Lempriere.  Negative power pricing is becoming an increasingly common occurrence on the UK energy networks. Already in 2020, there have been 15 half hour periods where the cost of electricity fell into negative figures, according to Drax Electric Insights:

Negative pricing will be a ‘big feature’ in net zero transition as UK sees 15 periods in 2020 so far

News: Lords debates energy company regulations – Parliament UK

24 February 2020.  On Tuesday 25 February, members of the House of Lords will discuss a regret motion against the Electricity and Gas (Energy Company Obligation) (Amendment) Order 2019:

Lords debates energy company regulations

News: Northern Gas Networks backs UK Government’s hydrogen investment – Energy Global

21 February 2020, Sarah Smith.  Mark Horsley, Chief Executive Officer for Northern Gas Networks has given his backing to the UK Government’s £30 million investment in hydrogen demonstration projects contributing towards reaching Net Zero targets:

https://www.energyglobal.com/other-renewables/21022020/northern-gas-networks-backs-uk-governments-hydrogen-investment/

Press release: £90 million UK drive to reduce carbon emissions – Department for Business, Energy & Industrial Strategy, UK Research and Innovation, and The Rt Hon Kwasi Kwarteng MP

19 February 2020.  Households and businesses will benefit from £90 million to cut carbon emissions in industry and homes:

£90 million UK drive to reduce carbon emissions

News: New energy secretary Alok Sharma welcomed by industry, but has ‘a lot of work to do’ – Current News

14 February 2020, Alice Grundy.  Leadership of the Department for Business, Energy and Industrial Strategy (BEIS) has changed hands, with Alok Sharma appointed energy secretary.  Sharma is taking over from Andrea Leadsom, who is leaving the role following the latest cabinet reshuffle by Prime Minister Boris Johnson:

New energy secretary Alok Sharma welcomed by industry, but has ‘a lot of work to do’

Press release:  Alok Sharma appointed COP26 President – Cabinet Office and The Rt Hon Alok Sharma MP

18 February 2020.  Alok Sharma was appointed as COP26 President on Thursday 13 February 2020:

Alok Sharma appointed COP26 President

Correspondence: Capacity Market auction parameters: open letter from BEIS to National Grid, February 2020 – Department for Business, Energy & Industrial Strategy and The Rt Hon Kwasi Kwarteng MP

12 February 2020. Adjustments to the Capacity Market auction parameters for delivery year 2023 to 2024:

Capacity Market auction parameters: open letter from BEIS to National Grid, February 2020