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Ten things DECC told journalists at the Energy Bill press conference

Ten things DECC told journalists at the Energy Bill press conference

Energy journalists were treated to not one but all three DECC ministers – Secretary of State Ed Davey, Energy Minister John Hayes and Climate Change minister Greg Barker (plus two senior civil servants) at today’s Energy Bill press conference in the bowels of Whitehall Place. Here are the juicy bits. 1. On nuclear strike price … Continue reading »

Reuters: Utilities

  • December 5, 2012
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  • @ Good article about how capacity market might work. Risk of overburdening consumers with cap payments poyry.co.uk/news/future-ou…
  • @ Early CCGTs would prob run baseload but business case weakens with each new plant. Can't all run baseload with wind/nukes.
  • Capacity payments and demand-side response payments not subject to Levy Control Framework. DECC would prefer to pay for latter to cut costs
  • DECC's Jonathan Brearley: 37 GW of new gas unlikely to be compatible with 100g CO2/KWh. Higher level of carbon in target would be needed
  • DECC's Jonathan Brearley: 26 GW of new unabated gas by 2030 compatible with decarb target of 100g of CO2/KWh
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