Britain heading back to the dark ages

Size: px
Start display at page:

Download "Britain heading back to the dark ages"

Transcription

1 W Britain heading back to the dark ages - Telegraph Britain heading back to the dark ages The UK is facing a tipping point over the next few years in its ability to generate enough power to satisfy an ever-increasing demand. By Rowena Mason Published: 7:06PM BST 05 Sep 2009 When California was hit with a spate of crippling power cuts eight years ago, it was not simply the fault of an unscrupulous energy supplier called Enron manipulating prices. The power company was blamed for meddling with the market, but state politicians were also forced to admit that their lack of investment in new electricity plants had contributed to the shortages. Rupert Soames, the chief executive of Aggreko, the FTSE 250 emergency power generator, says the UK must prepare seriously for the danger of being hit by similar blackouts within the next decade. Gas and oil produced from North Sea rigs may not be enough to prevent power cuts Photo: Getty Images "It has happened before in developed countries and we should not kid ourselves that it cannot happen here," he said in an interview with The Sunday Telegraph. "The UK has an unacceptably high risk of interrupted power supply and I have enormous doubt about whether new plants are going to be built in time." Aggreko has already had to provide emergency power to governments in Spain, Greece, Asia, South America and Africa. Mr Soames does not want to see this happen in the UK, but fears that "a slow train crash" of energy shortages is on its way unless more action is taken. His fears are not unfounded. It was revealed by The Daily Telegraph earlier this week that the Government's own figures suggest that there will be a 3000 megawatt hour shortage of supply by 2017 causing 1970s-style blackouts. Over the next 10 years, one third of Britain's power-generating capacity needs to be replaced with cleaner fuels, as a result of European laws on pollution. By 2025 the situation is expected to worsen with the shortfall hitting 7000 megawatt hours per year the equivalent to an hour-long power cut for half of Britain. Ed Miliband's Department of Energy and Climate Change has swiftly dismissed these ideas as alarmist, arguing that new renewable and gas plants will be able to cope. Page 1 of 5

2 Critics point out that the Government is going to have to persuade energy companies or other investors to build thousands of wind turbines, at least three potential new nuclear plants and a raft of cheaper gas stations if demand is to be met. There are fundamental problems with leaving these decisions purely to the market, according Mr Soames. The recession has meant that there is little incentive for private companies to start investing in new stations. And there is a growing sense that EdF, E.ON and RWE npower, the backers of new nuclear plants, may find that construction is uneconomic without levies on consumer bills something ruled out by the Government. Mr Soames' biggest worry is that existing nuclear stations may be forced to stay running for longer than is safe, with unknown consequences. Most controversially, the Aggreko boss believes that until the UK makes concrete plans for tackling a shortage of power stations, national energy security ought to take a priority over the targets that say UK emissions must be reduced by 80pc from 1990 levels by "I personally believe that meeting climate change goals are not incompatible with national energy security in the long run, but I think keeping the country running is more important," he said. Some even believe that expecting the power to flow seamlessly until 2017 may be unduly optimistic. Nick Campbell, an analyst at the energy consultants Inenco, has calculated that the energy gap could start in 2012 just three years away and five years earlier than the Government admits. The problem lies in the European Union's decree that Britain's dirtiest power stations the old-style coal and oil generation plants must be shut down not at a certain date, but after a certain number of hours. These plants, which are used as back-up generators for times of peak demand, are expected to shut in about However, a number of outages at nuclear power plants mean these stations have already been burning through their allocated number of hours far more quickly than forecast. In fact, six out of ten may be forced to stop generation long before they are due to be decommissioned in six years' time. "Alternative forms of generation will need to be online way before these nine coal-fired plants reach their 2015 deadline or the generation gap will occur at some point between 2012 and 2015," said Mr Campbell. Greg Clark, the shadow energy and climate change secretary, has also pointed out that the scale of the blackouts could be three times worse than Government predictions. Some of the modelling assumes little change in electricity demand until to 2020 and takes for granted a rapid increase in wind farm capacity. Dr Jon Gibbins, an energy technology expert from Imperial College, London, has been warning for years that the country faces an energy crisis, but says the situation is now growing more grave. "The electricity industry has been sweating assets for a long time and now it's just about at the point of running out," he said. "Policies at the moment just look like somebody in a Government office making up numbers." He is particularly worried that Britain has left it late to start approving new nuclear stations, leaving the country with a glut of gas-fired power stations and intermittent renewable sources for some years. An over-reliance on gas-fired stations also leaves the UK vulnerable to the whims of politically unstable gas-producing regions such as Russia and the Middle East as Britain's North Sea reserves deplete, Dr Gibbins explains. Most will be imported via pipeline from Norway, but extra gas for winter needs to be shipped in expensive liquefied form. "We could be left with only renewables and gas plants for a while," Dr Gibbins said. "There's a distinct possibility that we won't be able to get enough gas. We have been lulled into a false sense of security by low gas prices during the Page 2 of 5

3 we won't be able to get enough gas. We have been lulled into a false sense of security by low gas prices during the recession, but the trend is that it will get more expensive." In the long term, electricity demand is only likely to increase. Gas boilers and the transport system will be expected to go electric if the UK has a chance of hitting emissions targets, piling more pressure on the network. Chris Bennett, future transmission manager at National Grid who is not unduly worried about shortages is responsible for considering how to "flex demand" as the network operator works out how to balance changing consumption patterns. Smart meters, which monitor how household energy is used, could be used to switch refrigerators on and off, allow washing machines to run at off-peak times and make sure electric cars are charged overnight. However, sceptics worry that a so-called "intelligent grid" could also be used to ration consumers in the event of insufficient capacity. The power companies themselves are often wary of talking about future supply problems, but some, such as British Gas's owner Centrica, have been buying up North Sea assets in preparation for the "dash for gas". However, E.ON points out that the recession has caused a 4pc drop in demand for electricity, as industrial customers close operations. "We have got an extra five years or so to think about this now," said a spokesman for the power company. "Many manufacturing bases have stopped operating and activity won't return to normal for some time." Other experts note with a touch of cynicism that it may be in the interests of the big six electricity and gas suppliers to operate with a shortage of electricity. "Electricity providers can make more profits through their trading desks when prices are high than actually selling the power to homes," says one senior source in the energy trading industry. "There is sometimes a conflict of interest here." In the last few months, the Government may slowly have been beginning to move in the right direction. Earlier this year, it widened the remit of the regulator, Ofgem, to include national energy security and promised to speed up the planning process that awards access to the national grid. Reports from the CBI, the business body, and Malcolm Wicks, Gordon Brown's special representative on energy security, also recognised that Britain needs to start building more nuclear power stations. But while the Government considers these reports and clings to its endless strategy documents, Britain's aged network and power stations lumber towards the end of their lives. "Big infrastructure changes are not a happy country for politics," Mr Soames says. "But somebody needs to take responsibility and realise that renewable energy sources are not going to be enough in the medium term. We need fewer targets and more concrete plans or risk the lights going out over Britain." Hot topics Afghanistan ( World War 2 ( Jaycee Lee Dugard ( Football ( US Open ( Page 3 of 5

4 The Beatles ( Weather ( Telegraph Magazine Shop Awards 2009 ( Awards-2009.html) News UK News World News Obituaries Travel Health Jobs Sport US Open Football Formula 1 Culture Motoring Dating Finance Personal Finance Markets Economics Fashion Property Puzzles Comment Letters My Telegraph Blogs Technology Gardening Offers Contact Us Privacy Policy Advertising A to Z Page 4 of 5

5 Announcements Marketplace Promotions RSS feeds Widgets Mobile Epaper Reader Prints Subscribe Syndication Copyright of Telegraph Media Group Limited 2009 Terms and Conditions Today's News Archive Style Book Weather Page 5 of 5

EDF Energy customers won't wait to benefit from Government action on energy charges

EDF Energy customers won't wait to benefit from Government action on energy charges From: de Rivaz, Vincent Sent: 02 December 2013 To: Scottish Ministers Subject: EDF Energy response to Government energy costs announcement Dear Minister,, EDF Energy has announced that we expect to be

More information

Demand Response Market Overview. Glossary of Demand Response Services

Demand Response Market Overview. Glossary of Demand Response Services Demand Response Market Overview Glossary of Demand Response Services Open Energi has partnered with Tarmac to provide Demand Response What s inside... Market Overview Balancing Electricity Supply and Demand

More information

Role of Natural Gas in a Sustainable Energy Future

Role of Natural Gas in a Sustainable Energy Future Role of Natural Gas in a Sustainable Energy Future Alexander Medvedev, Deputy Chairman of Gazprom Management Committee, Director General of Gazprom Export 2 nd Ministerial Gas Forum Doha, 30 November 2010

More information

ICIS Power Index Q1 2015 Global gas oversupply pushes down prices

ICIS Power Index Q1 2015 Global gas oversupply pushes down prices Highlights l UK wholesale electricity market prices hit their lowest levels since the IPI has been calculated, because of global gas oversupply. l UK markets are now much more influenced by global gas

More information

Levelized Cost of New Electricity Generating Technologies

Levelized Cost of New Electricity Generating Technologies Levelized Cost of New Electricity Generating Technologies The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling

More information

ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW

ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW February 2014 ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL The Energy Bill is the government s flagship energy policy. There have

More information

GB Electricity Market Summary

GB Electricity Market Summary GB Electricity Market Summary SECOND QUARTER 2014 APR TO JUN Recorded Levels of UK Generation by Fuel (based upon DECC Energy Trends & FUELHH data): GAS: 10.8GW WIND: 2.6GW AUGUST 2014 COAL: 10.1GW BIOMASS:

More information

For a sustainable energy supply

For a sustainable energy supply For a sustainable energy supply The clear task of natural gas 1 2 We are facing important choices The world is facing critical choices. Take the energy issue, for example. In a short space of time the

More information

UK energy policy and Scotland s contribution to security of supply

UK energy policy and Scotland s contribution to security of supply UK energy policy and Scotland s contribution to security of supply Scottish Government April 2014 SUMMARY OF KEY CONCLUSIONS: The first duty of government on energy policy is to guarantee security of supply

More information

Developing Estonian energy policy hand in hand with EU energy packages

Developing Estonian energy policy hand in hand with EU energy packages Developing Estonian energy policy hand in hand with EU energy packages Einari Kisel Secretary General of Energy of the Estonian Ministry of Economic Affairs and Communications 2008 will go down in history

More information

Scotland s Energy Scotland s Future. a call for action

Scotland s Energy Scotland s Future. a call for action Scotland s Energy Scotland s Future a call for action 2 Scotland s s Energ y Industry Scotland is an energy rich nation and its energy industry is a key resource. Three of Scotland s largest companies

More information

1 The electricity and gas supply chain

1 The electricity and gas supply chain UNIT 1 The electricity and gas supply chain There is always someone in the supply chain who wins and someone who loses. John Felmy, Chief Economist, American Petroleum Institute In the energy sector, which

More information

How will we heat our homes when gas gets scarce?

How will we heat our homes when gas gets scarce? How will we heat our homes when gas gets scarce? Richard Douthwaite In those parts of Ireland where piped supplies are available, almost every new house uses natural gas as its main method of space heating.

More information

Energies, Price and Demand - The Case Study

Energies, Price and Demand - The Case Study ADVANCED General Certificate of Education January 2013 Economics Assessment Unit A2 1 Business Economics [AE211] *AE211* AE211 TUESDAY 22 JANUARY, MORNING TIME 2 hours. INSTRUCTIONS TO CANDIDATES Write

More information

ICIS Power Index Q2 2015 UK energy prices hit five-year lows

ICIS Power Index Q2 2015 UK energy prices hit five-year lows Highlights l Wholesale UK gas and electricity market prices are at their lowest quarterly average in five years, according to the ICIS Power Index and the ICIS price for gas to be delivered over the next

More information

The Labour future / The Tory threat. The Choice: Energy

The Labour future / The Tory threat. The Choice: Energy The Labour future / The Tory threat The Choice: Energy Contents INTRODUCTION... 3 THE TORY FAILURE... 4 David Cameron s broken promise on tariffs... 4 David Cameron s broken promise on green levies...

More information

Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY)

Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY) Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY) Dear Paul, thank you very much for the opportunity to interview you today as I know you are very busy

More information

Is natural gas the key energy for a low carbon future? 16 September, 2015 BP Forum, Berlin

Is natural gas the key energy for a low carbon future? 16 September, 2015 BP Forum, Berlin Is natural gas the key energy for a low carbon future? 16 September, 2015 BP Forum, Berlin Opening remarks Good morning / afternoon everyone. I am very grateful for the invitation to join you and I am

More information

Distributed Generation: Frequently Asked Questions

Distributed Generation: Frequently Asked Questions Distributed Generation: Frequently Asked Questions 1) What is distributed generation (DG)? Generating technologies located close to where the electricity is being used that are connected to the electric

More information

The Smart Meter Revolution_

The Smart Meter Revolution_ The Smart Meter Revolution_ Towards a Smarter Future m2m 1 00 - Contents Contents_ 01_ Introduction - By Rob Searle, Smart Metering Industry Lead at Telefónica Digital 02_ Market dissemination 03_ Installed

More information

DO NOT WRITE ANY ANSWERS IN THIS SOURCE BOOKLET. YOU MUST ANSWER THE QUESTIONS IN THE PROVIDED ANSWER BOOKLET.

DO NOT WRITE ANY ANSWERS IN THIS SOURCE BOOKLET. YOU MUST ANSWER THE QUESTIONS IN THE PROVIDED ANSWER BOOKLET. SPECIMEN MATERIAL AS ECONOMICS 713/2 Paper 2 The national economy in a global context Source booklet DO NOT WRITE ANY ANSWERS IN THIS SOURCE BOOKLET. YOU MUST ANSWER THE QUESTIONS IN THE PROVIDED ANSWER

More information

Closing the energy gap

Closing the energy gap September 2008 Closing the energy gap Summary paper Acknowledgements This summary paper was written by Russell Marsh, a consultant in environmental advocacy strategy and analysis, with contributions from

More information

Busting Myths about Renewable Energy

Busting Myths about Renewable Energy Symposium on Renewable Energy: the Future for Australia, UNSW 15 April 2014 Busting Myths about Renewable Energy Dr Mark Diesendorf Institute of Environmental Studies University of New South Wales Sydney,

More information

Economic Development and the Risk of Global Climate Change

Economic Development and the Risk of Global Climate Change 14 Economic Development and the Risk of Global Climate Change Who is primarily responsible for creating the risk of global climate change? 78 Since the industrial revolution, economic development has been

More information

Natural Gas and Electricity Coordination Experiences and Challenges

Natural Gas and Electricity Coordination Experiences and Challenges 1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society

More information

Energy UK MPs Information Pack

Energy UK MPs Information Pack Energy UK MPs Information Pack Section 1 Guidance for constituents Section 2 Energy policy explained Guidance for constituents Help for customers Energy supply Ways to pay for energy Issues with suppliers

More information

Electricity Rates Forecasting:

Electricity Rates Forecasting: Electricity Rates Forecasting: Muskrat Falls Will Options: Stabilize Rates for Consumers Legal S92A, Good Faith and Regulatory Proceedings in Quebec Department of Natural Resources October 2012 Department

More information

IBM Business Analytics and Optimisation: Energy and utilities. The UK s

IBM Business Analytics and Optimisation: Energy and utilities. The UK s IBM Business Analytics and Optimisation: Energy and utilities The UK s energy sector must respond to changing times. It needs to adapt if it is to meet the demands of consumers and Government for reliable,

More information

General Certificate of Education Advanced Level Examination June 2015

General Certificate of Education Advanced Level Examination June 2015 General Certificate of Education Advanced Level Examination June 2015 Economics ECON3 Unit 3 Business Economics and the Distribution of Income Thursday 11 June 2015 1.30 pm to 3.30 pm For this paper you

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): ENERGY 1. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: Bangladesh, 2011 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Power generation gap. Bangladesh endures long

More information

The role of coal in the UK generation industry. Philip Garner - Director General of the Confederation of UK Coal Producers

The role of coal in the UK generation industry. Philip Garner - Director General of the Confederation of UK Coal Producers The role of coal in the UK generation industry Philip Garner - Director General of the Confederation of UK Coal Producers Recent History In 1983 there were 170 underground mines owned by the National Coal

More information

WWW.AREA-ALLIANCE.ORG

WWW.AREA-ALLIANCE.ORG WWW.AREA-ALLIANCE.ORG 2003 BLACKOUT HUMAN AND ECONOMIC IMPACTS $1 billion in lost economic activity in New York City alone 1 15 million New Yorkers left without power, many for 24+ hours 2 400,000 people

More information

Generating a Return. July 2008 BHA SEMINAR

Generating a Return. July 2008 BHA SEMINAR Generating a Return July 2008 BHA SEMINAR Why invest in renewable generation? Reduces CO 2 emissions and climate change Reduces cost of electricity at the site as not paying for transmission of electricity

More information

Media Briefing. The Climate Change Bill. October 2008. Contents

Media Briefing. The Climate Change Bill. October 2008. Contents Media Briefing October 2008 The Climate Change Bill Contents The Climate Change Law Next Steps implementing the Climate Change Law How the Climate Change Law will affect Government policy How the Climate

More information

There s power in wind: fact sheet

There s power in wind: fact sheet There s power in wind: fact sheet Why do we need clean energy? Australia s clean energy future The climate is changing. The majority of climate scientists from around the world confirm greenhouse gases

More information

The Future of Renewables. Stuart Pocock Chief Operating Officer

The Future of Renewables. Stuart Pocock Chief Operating Officer The Future of Renewables Stuart Pocock Chief Operating Officer Who we are The REA was established in 2001 as a not-for-profit trade association, representing British renewable energy producers and promoting

More information

The Role of Natural Gas in a Sustainable Energy Market

The Role of Natural Gas in a Sustainable Energy Market The Role of Natural Gas in a Sustainable Energy Market INTERNATIONAL GAS UNION 5 THE ROLE OF NATURAL GAS IN A SUSTAINABLE ENERGY MARKET 4 1 FOREWORD The concentration of CO 2 in the atmosphere is soon

More information

Investing in the UK s energy future Sam Laidlaw, CEO Centrica - 2 December 2013

Investing in the UK s energy future Sam Laidlaw, CEO Centrica - 2 December 2013 Investing in the UK s energy future Sam Laidlaw, CEO Centrica - Thank you Andrew and congratulations on the timing of this Spectator Energy Conference. Whether by accident or design you have assembled

More information

Solar Power Frequently Asked Questions

Solar Power Frequently Asked Questions General information about solar power 1. How do I get solar power? Solar Power Frequently Asked Questions Many companies install solar power systems including some electricity retailers. It is worth comparing

More information

Modeling the US Natural Gas Network

Modeling the US Natural Gas Network Modeling the US Natural Gas Network James Ellison Sandia National Laboratories, Critical Infrastructure Modeling and Simulation Group Abstract In order to better understand how the US natural gas network

More information

The Future of Utilities. Talking heads. In association with: Page 3

The Future of Utilities. Talking heads. In association with: Page 3 The ASI and Marketforce s conference The Future of Utilities Conference special report in association with IBM Meeting tomorrow s infrastructure challenges The Future of Utilities In association with:

More information

Fixed + Protect Electricity supply contracts explained for large business customers

Fixed + Protect Electricity supply contracts explained for large business customers Fixed + Protect Electricity supply contracts explained for large business customers 2/7 Fixed + Protect explained We fix your unit price, with a generous tolerance on how much your electricity use can

More information

Clean Energy Jobs Plan

Clean Energy Jobs Plan Clean Energy Jobs Plan Introduction When I was governor, California was the world leader in renewable energy and it led the nation in efficiency standards. Our programs saved California consumers billions

More information

Spectra Energy Builds a Business

Spectra Energy Builds a Business » Introducing Spectra Energy Builds a Business CEO Fowler on Challenges Ahead By Martin Rosenberg Natural gas once again looms as an important fuel for electricity generation, given a spate of cancellations

More information

Utility rates rising, but so is energy efficiency

Utility rates rising, but so is energy efficiency Utility rates rising, but so is energy efficiency Peter Harrimanpharrima@argusleader.com 11:05 p.m. CST November 22, 2014 Xcel Energy, MidAmerican Energy want to raise rates, but energy-saving devices

More information

Who are we? *Based on an average annual domestic household electricity consumption of 4,700KWh (DECC).

Who are we? *Based on an average annual domestic household electricity consumption of 4,700KWh (DECC). Who are we? We re one of the world s leading power and gas companies. Here in the UK, we supply energy to more than 5 million customers, generate enough electricity for around 8 million homes and employ

More information

Statement for the Record

Statement for the Record Statement for the Record Kevin R. Hennessy Director Federal, State and Local Affairs New England Dominion Resources, Inc. Infrastructure Needs for Heat and Power Quadrennial Energy Review Task Force April

More information

Disclaimer: All costs contained within this report are indicative and based on latest market information. 16 th March 2015

Disclaimer: All costs contained within this report are indicative and based on latest market information. 16 th March 2015 Disclaimer: All costs contained within this report are indicative and based on latest market information 16 th March 2015 FD SUMMARY The make up of the electricity bill is changing, with non-commodity

More information

Integrated Skills in English ISE II

Integrated Skills in English ISE II Integrated Skills in English Reading & Writing exam Sample paper 4 10am 12pm Your full name: (BLOCK CAPITALS) Candidate number: Centre: Time allowed: 2 hours Instructions to candidates 1. Write your name,

More information

Non Domestic energy consumption 2013 Kent Local Authorities (Previously Industrial & Commercial energy use)

Non Domestic energy consumption 2013 Kent Local Authorities (Previously Industrial & Commercial energy use) [Business Intelligence Statistical Bulletin June 2015 Non Domestic energy consumption 2013 Kent Local Authorities (Previously Industrial & Commercial energy use) Related documents Domestic energy consumption

More information

Carbon Emissions Trading and Carbon Taxes

Carbon Emissions Trading and Carbon Taxes Carbon Emissions Trading and Carbon Taxes EU Environmental Policy The challenge reaching towards a low carbon economy 1 This presentation covers Can carbon markets be part of the answer in controlling

More information

I d still like to meet with you, but for now I would like to address in turn each of the points you make in your email.

I d still like to meet with you, but for now I would like to address in turn each of the points you make in your email. Dear Sam, Thanks for getting back promptly to the thousands of people that wrote to you yesterday urging an end to Centrica s (British Gas) energy bill rip off by reducing customers exposure to expensive

More information

London, 10 November 2015

London, 10 November 2015 London, 10 November 2015 The start of a new energy era? 2015 has seen lower prices for all fossil fuels Oil & gas could face second year of falling upstream investment in 2016 Coal prices remain at rock-bottom

More information

Solar Solutions Copyright, The Environmental Center 2013

Solar Solutions Copyright, The Environmental Center 2013 Solar Solutions Copyright, The Environmental Center 2013 Subject: Science Grades: 4-8 Length: 30-60 minutes Focus: Renewable Energy, Solar Energy Rationale: We depend on energy for every aspect of our

More information

Renewable Choice Energy

Renewable Choice Energy Catawba College Table of Contents About Renewable Choice The Problem: Electricity Production Today The Solutions: Renewable Energy Sources Renewable Energy Credits (RECs) Who can participate in Renewable

More information

Let s get down to. business. This quick introduction covers the main things you need to know about being a Contact electricity or natural gas customer

Let s get down to. business. This quick introduction covers the main things you need to know about being a Contact electricity or natural gas customer Let s get down to business This quick introduction covers the main things you need to know about being a Contact electricity or natural gas customer Running a business can be hectic. No two businesses

More information

Medium voltage products. Technical guide Smart grids

Medium voltage products. Technical guide Smart grids Medium voltage products Technical guide Smart grids Contents 2 1. Introduction 8 2 The different components and functions of a smart grid 8 2.1 Integration of distributed renewable energy sources 9 2.2

More information

Fiscal Year 2011 Resource Plan

Fiscal Year 2011 Resource Plan Salt River Project Fiscal Year 2011 Resource Plan Page 1 Last summer SRP hosted three resource planning workshops for a diverse group of stakeholders and customers to explain the planning process, discuss

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities Country Operations Business Plan: Philippines, 2013 2015 SECTOR ASSESSMENT (SUMMARY): ENERGY 1. Sector Performance, Problems, and Opportunities 1. Challenges. Economic growth has been impeded in the Philippines

More information

South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification

South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification Energy for growth South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification capacity and the gas supply from the South Hook LNG

More information

Chapter 12: Gross Domestic Product and Growth Section 1

Chapter 12: Gross Domestic Product and Growth Section 1 Chapter 12: Gross Domestic Product and Growth Section 1 Key Terms national income accounting: a system economists use to collect and organize macroeconomic statistics on production, income, investment,

More information

Renewable Wind. Wind Basics. Energy from Moving Air. The Daily Wind Cycle. Wind Energy for Electricity Generation

Renewable Wind. Wind Basics. Energy from Moving Air. The Daily Wind Cycle. Wind Energy for Electricity Generation Renewable Wind Wind Basics Energy from Moving Air Wind is simply air in motion. It is caused by the uneven heating of the Earth's surface by the sun. Because the Earth's surface is made of very different

More information

Brochure Introducing HVDC

Brochure Introducing HVDC Brochure Introducing HVDC ABB and HVDC The world s first commercial high-voltage direct current (HVDC) link, situated between the Swedish mainland and the island Gotland, was delivered by ABB already in

More information

Shaping Our Energy Future: The Cost of Energy

Shaping Our Energy Future: The Cost of Energy 1. Introduction The total average UK household energy bill in 2011 has been assessed as between 1,249 and 1,300 [1] [2] [3]. The wholesale cost of gas and electricity is estimated to account for around

More information

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030 1. Background On different occasions, Eurogas is asked to present its views on the future of the European gas industry. The forecasts are mainly needed for conferences and bilateral discussions with European

More information

POWERCUT BRITAIN ARE THE LIGHTS ABOUT TO GO OUT FOR UK BUSINESS?

POWERCUT BRITAIN ARE THE LIGHTS ABOUT TO GO OUT FOR UK BUSINESS? POWERCUT BRITAIN ARE THE LIGHTS ABOUT TO GO OUT FOR UK BUSINESS? A Power Efficiency sponsored Major Energy Users Council Report The findings of an MEUC survey canvassing the opinions and concerns of major

More information

This seeks to define Contracts for Difference (CfDs) and their relevance to energy related development in Copeland.

This seeks to define Contracts for Difference (CfDs) and their relevance to energy related development in Copeland. Contracts for Difference and Electricity Market Reform LEAD OFFICER: REPORT AUTHOR: John Groves Denice Gallen Summary and Recommendation: This seeks to define Contracts for Difference (CfDs) and their

More information

IS ENERGY IN ESTONIA CHEAP OR EXPENSIVE?

IS ENERGY IN ESTONIA CHEAP OR EXPENSIVE? IS ENERGY IN ESTONIA CHEAP OR EXPENSIVE? Rita Raudjärv, Ljudmilla Kuskova Energy is a resource without which it is hard to imagine life in today's world. People seem to take it for granted that energy

More information

NERA Analysis of Energy Supplier Margins

NERA Analysis of Energy Supplier Margins 7 December 2009 NERA Analysis of Energy Supplier Margins By Graham Shuttleworth Even though wholesale energy prices have fallen recently, gas and electricity suppliers are earning very little margin on

More information

Texas Wind: The New Oil. The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and

Texas Wind: The New Oil. The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and Charles Budney English 138T Friday, April 5, 2013 Texas Wind: The New Oil The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and petroleum are undeniably a finite resource.

More information

A new direction in energy?

A new direction in energy? A new direction in energy? 5 October Britain 'to be hit by 70s-style blackouts within three years' Daily Mail Blackouts possible as coal power stations go offline early, warns Ofgem Guardian 19 October

More information

Fixed + Reflective Electricity supply contracts explained for large business customers

Fixed + Reflective Electricity supply contracts explained for large business customers Fixed + Reflective Electricity supply contracts explained for large business customers 2/7 Fixed + Reflective explained We fix your electricity price, with a small tolerance on how much your electricity

More information

Renewable energy Prepared by Audit Scotland

Renewable energy Prepared by Audit Scotland Renewable energy Prepared by Audit Scotland September 2013 Auditor General for Scotland The Auditor General s role is to: appoint auditors to Scotland s central government and NHS bodies examine how public

More information

Big Energy Saving Network Training for Frontline Workers

Big Energy Saving Network Training for Frontline Workers Big Energy Saving Network Training for Frontline Workers Session objectives payment and tariff options how to switch payment method and/ or tariff further assistance available help with paying fuel bills,

More information

Utility Focus January 2015

Utility Focus January 2015 Utility Focus January 2015 FocusOn Government climate adviser says energy bills to rise News this month Government focuses of network investment Energy security guaranteed by capacity auction Former minister

More information

Wind energy development in Spain. Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009

Wind energy development in Spain. Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009 Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009 Index Present Spanish energy outline The Spanish electricity sector Wind power in Spain today Cornerstones of the Spanish leadership in wind

More information

In this issue: Demand Response & Distributed Energy Can Get the UK & US Electrical Utilities Industry Out of Trouble

In this issue: Demand Response & Distributed Energy Can Get the UK & US Electrical Utilities Industry Out of Trouble Issue 56 November 1, 2012 In this issue: Demand Response & Distributed Energy Can Get the UK & US Electrical Utilities Industry Out of Trouble By Jim McHale Memoori The Union of Demand Response & Distributed

More information

One year after Fukushima Germany s path to a new energy policy

One year after Fukushima Germany s path to a new energy policy Germany s path to a new energy policy Contents 1. Quotation from Michael Süß, CEO of the Energy Sector and member of the Managing Board of Siemens AG 2. One year after Fukushima A snapshot of the power

More information

ACCELERATING GREEN ENERGY TOWARDS 2020. The Danish Energy Agreement of March 2012

ACCELERATING GREEN ENERGY TOWARDS 2020. The Danish Energy Agreement of March 2012 ACCELERATING GREEN ENERGY TOWARDS The Danish Energy Agreement of March 2012 The most ambitious energy plan of the world In March 2012 a historic new Energy Agreement was reached in Denmark. The Agreement

More information

Top-down and Bottom-up evaluation of government policies on fuel poverty March 2015

Top-down and Bottom-up evaluation of government policies on fuel poverty March 2015 Top-down and Bottom-up evaluation of government policies on fuel poverty March 2015 This research was made possible thanks to a grant from the Chesshire Lehmann Fund. 1 Executive Summary This report evaluates

More information

Post Graduate Diploma Program

Post Graduate Diploma Program Post Graduate Diploma Program in ENERGY MANAGEMENT and AUDIT JADAVPUR UNIVERSITY KOLKATA INDIA Table of Contents Aim and Scope of the Program Course Structure Course Content Faculties & Facilities Admission

More information

Chancellor s Residence:

Chancellor s Residence: University of Colorado at Boulder Chancellor s Residence: Smart Home energy management through technology innovation efficiency in partnership with SmartGridCity Boulder s first Smart Home The University

More information

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS 1. WHY 3DOM NOW? As leaders in the retail energy business, we are committed to being a category creator and innovator in the energy industry. We are always researching and tracking trends to develop product

More information

Deloitte Millennial Innovation survey

Deloitte Millennial Innovation survey Deloitte Millennial Innovation survey S U M M A R Y O F G L O B A L F I N D I N G S 19 th December 2012 1 Research Approach WHO? Millennials born January 1982 onwards Degree educated In full-time employment

More information

How Do Energy Suppliers Make Money? Copyright 2015. Solomon Energy. All Rights Reserved.

How Do Energy Suppliers Make Money? Copyright 2015. Solomon Energy. All Rights Reserved. Bills for electricity and natural gas can be a very high proportion of a company and household budget. Accordingly, the way in which commodity prices are set is of material importance to most consumers.

More information

Preparatory Paper on Focal Areas to Support a Sustainable Energy System in the Electricity Sector

Preparatory Paper on Focal Areas to Support a Sustainable Energy System in the Electricity Sector Preparatory Paper on Focal Areas to Support a Sustainable Energy System in the Electricity Sector C. Agert, Th. Vogt EWE Research Centre NEXT ENERGY, Oldenburg, Germany corresponding author: Carsten.Agert@next-energy.de

More information

Subsidising Biomass Electricity - Contracts for Difference and what they mean for dedicated and converted biomass power stations

Subsidising Biomass Electricity - Contracts for Difference and what they mean for dedicated and converted biomass power stations January 2014 Subsidising Biomass Electricity - Contracts for Difference and what they mean for dedicated and converted biomass power stations New Government support for renewable electricity, and hence

More information

10 Things You Can Do To Save the Environment and Protect Your Health. And Save Money at the Same Time

10 Things You Can Do To Save the Environment and Protect Your Health. And Save Money at the Same Time 10 Things You Can Do To Save the Environment and Protect Your Health And Save Money at the Same Time Why Save the Environment? Aside from it being the right thing to do, there are innumerable benefits

More information

Headline Findings. Public Opinion on UK Nuclear Energy

Headline Findings. Public Opinion on UK Nuclear Energy Headline Findings Public Opinion on UK Nuclear Energy 10 th November 2014 METHODOLOGY Methodology Note ComRes interviewed 2,047 GB adults online between the 7 th and 9 th November 2014. Data were weighted

More information

Saving Electricity in a Hurry Global Experience Using Energy Efficiency To Mitigate Supply-Demand Gaps

Saving Electricity in a Hurry Global Experience Using Energy Efficiency To Mitigate Supply-Demand Gaps Saving Electricity in a Hurry Global Experience Using Energy Efficiency To Mitigate Supply-Demand Gaps Alan Meier Lawrence Berkeley National Laboratory 23 February 2012 akmeier @lbl.gov A Special Kind

More information

High Natural Gas Prices and the Updated Market For CHP

High Natural Gas Prices and the Updated Market For CHP High Natural Gas Prices and the Updated Market For CHP World Energy Engineering Congress Paul Lemar, President E.J. Honton, Director Resource Dynamics Corporation 8605 Westwood Center Drive Vienna, Virginia

More information

A Brief History of A Brief History

A Brief History of A Brief History of Solar Energy... + and where it might be headed page 1 2008 LLC This ebook is protected by an open commons license. You can copy it, email it, put in on your website, print it out and post it around.

More information

Farming. In the Standard Grade Geography exam there are three types of farming you need to know about arable, livestock and mixed.

Farming. In the Standard Grade Geography exam there are three types of farming you need to know about arable, livestock and mixed. Types of Farming In the Standard Grade Geography exam there are three types of farming you need to know about arable, livestock and mixed. Arable farms are ones where the main way of making money is by

More information

A PUSH FOR GREEN ENERGY

A PUSH FOR GREEN ENERGY TEXT: STEVE ROMAN PHOTO: WÄRTSILÄ [ SOLUTION ] A PUSH FOR GREEN ENERGY Cheap oil or no cheap oil, the move toward clean, renewable energy sources is picking up pace in the US, especially in the windswept

More information

Personal Debt Snapshot: Payday loans lead to prioritising debt above food

Personal Debt Snapshot: Payday loans lead to prioritising debt above food NOVEMBER 2012 Personal Debt Snapshot: Payday loans lead to prioritising debt above food R3 s ninth Personal Debt Snapshot reveals that more than 5 million (5,205,237) GB adults say they are considering

More information

Is fracking cracking the renewable industry? How big a threat is shale gas to renewables?

Is fracking cracking the renewable industry? How big a threat is shale gas to renewables? Is fracking cracking the renewable industry? How big a threat is shale gas to renewables? Infrastructure Investor: Renewable Energy Forum 2012 London, 30 th October 2012 Dragoș Tâlvescu on behalf Karen

More information

Rethinking Variable Electric Rate Plans in Texas The case to get out of any fixed rate contract over.16 per kwh

Rethinking Variable Electric Rate Plans in Texas The case to get out of any fixed rate contract over.16 per kwh Rethinking Variable Electric Rate Plans in Texas The case to get out of any fixed rate contract over.16 per kwh a White Paper from Bounce Energy Bounce Energy 2802 Albany Houston, TX 77006 1 888 452 6862

More information

Who is National Grid?

Who is National Grid? Who is National Grid? National Grid is a leading international energy infrastructure business In the UK, our business includes electricity and gas transmission networks and gas distribution networks. We

More information

HELPING FAMILIES WITH ENERGY COSTS

HELPING FAMILIES WITH ENERGY COSTS HELPING FAMILIES WITH ENERGY COSTS A simple guide to help you save money Helping families with energy costs: a simple guide 2 An introduction from Michael Ellis MP Your local Conservative Member of Parliament

More information

Google s Green PPAs: What, How, and Why

Google s Green PPAs: What, How, and Why September 17, 2013 Revision 3 (initially published April 21, 2011) Google s Green PPAs: What, How, and Why Table of Contents Introduction... 1 Electrons, markets, the art of the possible... 1 Meeting our

More information