Renewable generation was up 32% year-on-year during Q2 2020, as the COVID-19 lockdown made Britain’s electricity ‘cleaner and cheaper, but harder to control’. According to the latest Drax Electric insights report, April to June 2020 was the cleanest quarter ever, with carbon intensity falling to an all-time low of 21 g/kWh on the Spring Bank Holiday thanks to surging renewables and low demand. During this period, electricity output from wind, solar and biomass were each up by more than 10% compared to the same quarter in 2019.
Current 1st Sept 2020 read more »
For the first time ever, solar and wind made up the majority of the world’s new power generation — marking a seismic shift in how nations get their electricity. Solar additions last year totaled 119 gigawatts, representing 45% of all new capacity, according to a report Tuesday by BloombergNEF. Together, solar and wind accounted for more than two-thirds of the additions. That’s up from less than a quarter in 2010. The surge comes as countries move to slash carbon emissions and as technology costs fall.
Energy Voice 2nd Sept 2020 read more »
Britain will be at increased risk of blackouts under Ofgem plans to cut investment in energy networks, the boss of National Grid has claimed. John Pettigrew warned that power lines in parts of the country would start to “decay” after the energy regulator rejected its proposals to bill consumers for replacing them. “It is deeply concerning for us because ultimately you’re increasing the risk on the network,” he told The Times. “The risk of a loss of supply increases as a result of not spending as much on asset health, because the assets are deteriorating as they age.” The FTSE 100 utility group, along with SSE and Scottish Power, its fellow regulated network groups, are at loggerheads with Ofgem over a draft price settlement that would halve their returns from 2021 and would disallow billions of pounds of proposed investments.
Times 2nd Sept 2020 read more »