Tag: Energy
Market-Wide Half-Hourly Settlement: Ofgem approves timeline changes
Ofgem has approved the Market-wide Half Hourly Settlement (MHHS) Programme Change Request CR055, introducing a 6.5-month delay to key milestones. This change aims to...
Government consults on including shipping in UK ETS
The UK Emissions Trading Scheme (UK ETS) Authority is consulting on proposals to expand the scheme to the maritime sector, as well as recognising non-pipeline...
What’s next for the Demand Flexibility Service?
The Demand Flexibility Service is evolving – and it’s a potential revenue stream for your business. We explore some of the changes to the...
New coal mining licenses to end as UK government prioritises clean...
The UK government has announced plans to restrict the licensing of new coal mines, committing to bringing in legislation which will prohibit new coal...
UK launches Global Clean Power Alliance at G20 Summit
The UK Government has unveiled the Global Clean Power Alliance (GCPA), a coalition to help fast-track the global transition to clean energy. Announced at...
UK government sets six principles for voluntary carbon and nature market...
The UK government has outlined six principles which aim to improve the integrity of voluntary carbon and nature markets (VCNM). These principles address concerns about the...
Ofgem unveils reforms to accelerate grid connections, tackle “phantom” projects
Last week, Ofgem announced a comprehensive plan to expedite grid connections. It will challenge network operators to connect renewable and storage projects faster. These...
Autumn Budget 2024: What’s in store for business and the energy...
Rachel Reeves made history as the first woman to hold up the Chancellor of the Exchequer’s red box. But will her Budget for autumn...
Understanding double materiality vs. single materiality in ESG reporting
Materiality assessments are formal processes to help businesses identify Environmental, Social and Governance (ESG) priorities, risks, and opportunities. Now, they have found a permanent...
Capacity Market: Simultaneous consultation and call for evidence opens
The UK government has launched both a consultation and a call for evidence on the Capacity Market (CM), with the aim of strengthening the...
