On 6 August, BEIS published the 2019 Q2 Heat Networks Project Pipeline. The summary brings together a range of investment opportunities across projects supported through their development stages by the Heat Networks Delivery Unit (HNDU) and projects seeking capital support from the Heat Networks Investment Project (HNIP).
In this week’s Pixie Chart of the week, we look at the Q219 capital expenditure (CAPEX) pipeline and compare this with the previous quarter.
Commercial and market outlook
In AEMO’s ‘Step Change’ scenario, it was estimated that storage capacity in the NEM would need to increase by a factor of 30 between 2022 and 2050 to support a grid transformation that limits temperature rises below 2 degrees. This represents about 13GW of new storage capacity by 2030 and...
Heat networks
In order to achieve the UK target of reaching net zero by 2050 there is a significant need to decarbonise the heating sector, with heat networks expected to be a key solution to decarbonise heating in urban areas. In this week's 'Chart of the week' we explore the current distribution...
Home supply and services
On Saturday 29 October BEIS confirmed it had approved the transfer of Bulb’s 1.5mn customers, as well as 650 employees, to Octopus Energy. In this week's 'Chart of the Week', we look back over time at the two suppliers and the growth Octopus Energy has seen through organic means and...
Regulation and policy
In October, the government announced a number of adjustments to the Energy Bill Relief Scheme (EBRS) for non-domestic consumers. In this week’s 'Chart of the week', we look at the impact of the maximum discount on those businesses that have been unable to fix their energy costs.
Energy storage and flexibility
News this week that the UK government is mulling over a cap on green generation revenues comes at a time when our research finds that the investment pipeline for electricity renewables generation is the highest it has ever been. In our Renewables Pipeline Tracker (RPT) service we analyse the growing...
Energy storage and flexibility
Last week saw the government announce the Energy Price Guarantee (EPG) which will see the typical dual fuel household’s unit rates capped at 34p/kWh for electricity and 10.3p/kWh for gas. Customers on fixed tariffs will get support to bring their tariffs down to the same level, up to 17p/kWh of...
Regulation and policy
The T-1 Capacity Market (CM) auction for Delivery Year 2023-24 will take place on 14 February 2023, during a particularly challenging period for the GB energy system with prices rising to unprecedented levels and concerns over security of supply. In this week’s ‘Chart of the Week’, we examine the range...
