When the National Energy Rules change with effect from 24th October 2021, for the first time it will be possible to bid demand response into the wholesale Australian market. Demand response will then compete for dispatch with peaking generation at times of tight supply.
Australia
The Intergovernmental Panel on Climate Change (IPCC) published its 6th Assessment Report on the physical science of climate change on 9 August 2021. The latest report builds on 5-years of research which considers over 14,000 scientific papers and has been reviewed by 234 leading scientists from 66 countries.
Global
With challenging climate change targets being set in place by the UK Government to reduce emissions by 78% by 2035 compared to 1990 levels, acting now has never been more important for UK organisations in a bid to ready themselves for the work required. This will involve setting realistic goals, outlining strategies, and implementing these in line with Government targets.
United Kingdom
In March of this year, the UK government published its Industrial Decarbonisation Strategy – the first of its kind to be issued by a major economy. This will see the introduction of a package of new policy, technical and financial support mechanisms to kickstart the route to net-zero.
United Kingdom
Gas prices across Europe have continued to surge, reaching highs seen only a few times before, particularly at this time of year, with European natural gas contracts reaching their highest levels in almost 13 years. So, what's behind this unprecedented rise?
Europe
May 2021 stands apart from May in previous years in that, in addition to the joys of spring, it brings with it the long-awaited start of the UK’s own Emissions Trading Scheme (ETS), following the UK’s withdrawal from the equivalent European scheme after Brexit. 19 May 2021 marks the ’go-live’ date, with the inaugural UK ETS auction taking place.
United Kingdom