policy

  • Regulation and policy

    “Behind-the-Connection-Point” A match made in heaven?

    The AEMC's new rule change for storage integration into the NEM provides more flexibility for hybrid systems and VRE owners to more effectively level their bids and participation into the market. This means, if the new rule takes place, hybrids can manage their own internal energy exchange behind the connection...

  • Low carbon generation

    The outlook for private wire business models

    Interest in private wire arrangements has grown in recent years, with the benefits of network and policy cost avoidance becoming a key incentive for generators to look at this development approach. In this Chart of the Week, we look at the expected evolution of cost avoidance over the next five...

  • Regulation and policy

    Taking charge: the MHHS implementation levy

    On 10 June the BSC Panel approved the Market-wide Half Hourly Settlement (MHHS) Implementation Charge for 2021-22. The new charge, introduced under modification P413 Market-wide Half Hourly Settlement Programme Manager, will cover Elexon’s programme management costs for MHHS implementation. It will be levied on suppliers on a monthly basis, based...

  • Low carbon generation

    Chart of the week | Higher or lower? Transitioning to the UK ETS

    Carbon prices, especially the EU Emission Trading System (ETS), have experienced considerable volatility over the last year, influenced first by COVID-19, which saw prices crash, and more recently by expectations of increased EU climate ambitions, driving prices to record highs. In this Chart of the Week, we consider the potential...

  • Commercial and market outlook

    Chart of the week | Saying goodbye to 2020

    While lockdown may have been the most used word overall in 2020, in the energy sector net zero would certainly give it a run for its money. The raft of policy announcements, particularly in the last few weeks, will lead to a dramatic change in sector especially with moves to...

  • Low carbon generation

    Pixie Chart of the week | IEA demonstrates a future with hydrogen

    This week's Pixie Chart of the Week demonstrates policies directly supporting hydrogen deployment by target application. It also shows the emphasis being placed on hydrogen-based energy solutions in the transport sector (currently minimal). The International Energy Agency’s (IEA’s) latest report The Future of Hydrogen illustrated that the momentum of hydrogen as a fuel is...

  • Commercial and market outlook

    Pixie Chart of the week | ESC reimagines carbon pricing to drive decarbonisation

    In this Pixie Chart of the Week, we look at a study by Oxford Energy Associates commissioned by Energy Systems Catapult (ESC), Rethinking Decarbonisation Incentives: Near-Term Options to Address Low-Priced Emissions. It provides fresh insight into how carbon policy could be altered to deliver stronger outcomes in the lead up to 2030. 

  • Regulation and policy

    Chart of the week | UIG UNC SOS

    Unidentified gas (UIG), continues to create issues for shippers and suppliers alike. Since the introduction of new gas settlement arrangements in June 2017, the UIG process has been problematic. The nub of the issue is that the initial allocation of UIG volumes can range between -15% and +25% of all...