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EU
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Commercial and market outlook
ACER publishes Final Assessment of EU Electricity Market Design
Following the publication of its Preliminary Assessment in November 2021, on 29 April the EU Agency for the Cooperation of Energy Regulators (ACER) published its Final Assessment of the EU Wholesale Electricity Market Design. The report provides an in-depth analysis of energy prices and drivers, current wholesale electricity market design,...
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Regulation and policy
Answers to some FAQs about Brexit
Following the end of the transition period on 31 December 2020 and the signing of the Trade and Cooperation Agreement, aspects of the relationship between UK and the EU in respect of the arrangements for energy trading and cooperation have changed. We set out answers to some Frequently Asked Questions...
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Commercial and market outlook
Divergent electricity prices in the wake of Brexit
On 1 January 2021, the UK left the European Union (EU) and as such is no longer part of the Internal Energy Market (IEM). While the UK and the EU agreed a post-Brexit Free Trade Agreement (FTA) on 24 December, outlining how energy markets, interconnectors and regulation will be affected,...
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Commercial and market outlook
Editor’s Pick | Jump start: accelerating net zero commitments
With the World Economic Forum (WEF) Annual Meeting having just taken place on 21-24 January, there has been increased focus on global sustainability. In this Perspective, we take stock of the countries and companies that are accelerating net zero commitments a decade or more ahead of the widely held 2050...
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Low carbon generation
Old friends: the hidden good side of the EU
As uncertainty around Brexit continues, it is important to reiterate some of the work that the EU and European Commission (EC) carries out behind the scenes of the energy industry. In particular, this week we look at the EU Sysflex project, which is being led by EirGrid and SONI, having...
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Commercial and market outlook
European judicial ruling leads to Capacity Market “standstill period”, but replacement auction likely
A decision on a legal challenge confirmed earlier today (15 November) has resulted in BEIS immediately suspending the Capacity Market (CM). This means cessation to payments to existing CM agreement holders and no CM auctions for future agreements early next year. The ruling is the result of a legal challenge...
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Low carbon generation
Danger Zone: Ireland’s emissions pathway
The Department of Communications, Climate Action and Environment (DCCAE) released the terms and conditions for the Support Scheme for Renewable Heat (SSRH) on 7 August. DCCAE has recently been active in the environmental space, announcing the following since the beginning of June: €500 million Climate Action Fund; Sectoral Planning Guidelines...
