Library filed under Energy Policy from UK

U.K. Power Prices Soar Above £2,000 on Low Winds

Some coal and gas power stations in Britain were paid double the price of exchange-traded electricity to help plug a gap left by a drop in wind generation on Monday. ...U.K. gas prices are more than three times higher than at the start of the year, as imports from Russia to Europe slowed, and periods with low wind will only increase dependence on the fuel. 
15 Nov 2021

Net Zero target relies on rise in windy days

Craig Mackinlay, the leader of the Net Zero Scrutiny Group of Conservative MPs and a member of the public accounts committee, warned that if the committee had significantly overestimated the amount of power that turbines would generate, significantly more back-up power could be required from more reliable sources. He said: "These predictions appear somewhat fanciful. The Climate Change Committee seem to be looking at the whole project through rose-tinted spectacles to try and minimalise the unpalatable costs of this whole enterprise."
24 Oct 2021

UK's green push leaves country at the mercy of the weather

While grid operators plan for intermittency in wind power, the latest drop coincided with a Europe-wide squeeze on natural gas, nuclear outages and a fire at a key power interconnector with France. Britain has already turned to coal-burning stations to fill the energy shortfall, but there's a gap emerging there. By 2024, there will be no more coal stations left, and five of the UK's eight nuclear plants will also be halted permanently.
17 Sep 2021

The U.K. went all in on wind power. Here’s what happens when it stops blowing

The U.K.’s offshore wind sector had been a success story of the energy transition, drastically cutting emissions by rolling out 24GW of wind power over the past decade—enough to power 7.2 million homes. But as wind slowed and the price of carbon credits rose to record highs, the electricity market has experienced extreme volatility. “We have very steep targets for increased renewable energy penetration, and the growing problem alongside of that is this fluctuation in prices that we’re seeing,” says Finlay Clark, an offshore wind analyst from Wood Mackenzie.
16 Sep 2021

Energy prices rocket to new high amid global gas crunch

Energy prices have surged to 11 times above normal levels – a fresh record high – as a crunch in gas supply, low wind speeds and power station closures pile unprecedented pressure on Britain’s grid. ...Adam Lewis, partner at energy trading company Hartree Solutions, said some respite may come on Friday, when wind generation is forecast to pick up from about 1.5GW to 8GW, but added that forecasts are notoriously inaccurate.
13 Sep 2021

Britain forced to fire up coal plant amid record power prices and winter squeeze

Power costs are closely tied to gas prices, which this evening hit 134.5p per therm in the UK - compared to less than 30p per therm one year ago. Electricity prices reached an all-time high of £240 per megawatt hour on Friday and were trading at £219.46 per MwH on the N2EX exchange on Monday morning. The squeeze was worsened by a slump in wind output in the UK. It dropped as low as 474 megawatts, compared to a record of 14,286 megawatts on May 21, according to analysis by Bloomberg, as a three-day heatwave settled across much of England and Wales. Wind now provides about 20pc of the UK’s electricity throughout the year, but this varies hugely day by day.
6 Sep 2021

Boris Johnson’s push for net zero plunged into chaos

A Treasury review of the costs of reducing net greenhouse gas emissions to zero by 2050 has been delayed since the spring. There are concerns the analysis highlights that the poorest households will be hit the hardest by the ambition, which will involve policies such as stripping out gas boilers and switching to electric or hydrogen cars. Rishi Sunak, the Chancellor, is said to be increasingly concerned about a looming crisis over the cost of living for British households, as the country faces the triple threat of rocketing energy bills.
8 Aug 2021

Climate change: Ministers abandon plans to set out low-carbon heating strategy before summer break following disagreements inside government

Ministers had been due to announce a "heat and buildings strategy" next week which would set out how Britain will decarbonise central heating systems in homes and offices - which combined make up a third of emissions. But Sky News understands a Whitehall standoff over the cost of the plans means this is now not expected until at least September.
15 Jul 2021

Rishi Sunak could set out green taxes for imports to help UK hit net-zero target

Westminster sources said ... that any move towards a carbon border tax would have to consider the implications it would have with major trading partners, such as the US, and how problematic it would be for post-Brexit Britain to go out and strike trade deals. Ministers are increasingly at odds over the best way to ensure the public pays for the carbon emissions they produce, with the Treasury in a stand-off with the Department for Business, Energy and Industrial Strategy and No 10. One source said: “There is a civil war raging between departments as to how the Government can meet its commitments.”
13 Jul 2021

Zion Lights, former Extinction Rebellion spokesperson, has doubts about Boris Johnson's plan to make every home wind-powered by 2030

For all the invocations of harnessing our gusty shores in some ‘green revolution’, the proclamations do not stand up to scrutiny. Even if we cranked up wind power provision to the level the Prime Minister proposes (40 gigawatts), this amount would power only about half the homes in Britain - or 7 percent of the total national energy demand.
7 Oct 2020

Boris Johnson’s plan to expand wind power welcomed, but 'funding doesn't match rhetoric'

But he warned: “It won’t be straightforward. The key challenge is to bring down the cost of future floating farms which are a very long distance from the coast – that’s where most of the untapped wind resource is and that is the one technology which is not yet mature enough, so that would need to be accelerated to meet this challenge.
6 Oct 2020

Government blocks plans for extension to Vattenfall's Thanet offshore wind farm

The government has refused planning permission to a 340MW extension to Vattenfall's Thanet wind farm off the southeast coast of England, dealing a blow to the company's plans to expand the site's renewable power capacity. Business Secretary Alok Sharma refused consent to the project yesterday, citing concerns about the proposed extension's impact on marine navigation, shipping, and ports in the area.
3 Jun 2020

Negative pricing will be a ‘big feature’ in net zero transition as UK sees 15 periods in 2020 so far

“Transitioning to a zero carbon grid and increasing the penetration of intermittent, renewable generation means that conditions on the grid can become more volatile." ...But this boom in wind has also meant that constraint management is becoming increasingly challenging and expensive. In the first six weeks of 2020, National Grid made £55.7 million worth of payments for constraint management, almost half of the total of £130 million paid in 2019. 
21 Feb 2020

https://www.windaction.org/posts?location=UK&topic=Energy+Policy
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