As new government sworn in May-2014, Prime Minister Narendra Modi has made an announcement to add whopping 175 GW of solar capacity by 2022. It has also been announced to
Energy storage – “Generation side” or “consumption side” – which one will win
Proven renewable technologies such as, solar and wind (offshore and onshore) energy will soon face major cut in subsidies by regulators/governments in many part of the World. An argument is
EU referendum – Impact of UK’s exit from EU on Energy/Utility industry
At SmartGPower, we have identified what impacts may have on UK’s energy industry post EU exit. The following points are discussed briefly here in this article.
Future energy Interconnectors:
Power interconnectors to
National Grid (UK) seeks additional reserve capacity
Because of multiple power plant failures, a Notification of Inadequate System Margin (NISM) has been issued by National Grid (NG-UK). Even though an immediate risk of blackout has been ruled
Growing interconnectors across Europe – Energy security, renewables integration & lower bills
UK currently has four Electricity interconnectors (links) to neighbouring counties, France, Ireland, the Netherlands and Northern Ireland. These links provides 4000 MW (only 5% of total generation capacity)
SSE’s smart move from coal to gas
SSE has announced to return its 735MW gas fired power plant this winter to contribute towards safety margin over the colder months. The Lincolnshire based plant will be ready to
UK’s Neuclear Energy policy – Hedging the risk from consumers’ pocket
In order to move the long waiting Hinkley point C project, policy makers (UK) have guaranteed more than double (£92.50/MWh, instead of current £44/MWh) the wholesale price of Electricity
An alarming event for Network operators in the UK, following to the December 2013 blackout
In the period 23rd to the 28th December 2013, power cuts were experienced by nearly two hundred and forty thousand consumers in southern England and power was not restored for
Financial risk management for vertically integrated energy firm (SSE, UK) in changing energy business model
Energy production is a capital intensive business, however having downstream integration in place, SSE can manage risks and maximize profits throughout the energy value chain. Notwithstanding this, it is also