Mr. Moffitt’s Profits Times – May 2017
See link to Ofgem’s web page about electricity and gas interconnectors:
WE ARE INCREASINGLY LOOKING AT ALTERNATIVE METHODS OF STORAGE, I.E. HYDRO ELECTRIC AND BATTERY STORAGE.
Utility Week has an interesting article about battery storage on: http://utilityweek.co.uk/news/batteries-deployed-at-10-solar-farms-around-britain/1301212#.WP9Mo2eGOUl
Ofgem have issued an Open letter notifying of their intention to launch a project to protect consumers from back billing. See link: https://www.ofgem.gov.uk/system/files/docs/2017/04/open_letter_backbilling_new_project.pdf
A good example of hydro-electric pumped storage is Dinorwig Power Station (also known as Electric Mountain) in Snowdonia. This has two lakes, one at the top and one at the bottom. Energy is generated via water flow from top to bottom. The water is pumped back up to the top at night, when the rates are cheaper. Dinorwig is operated as a STOR (Short Term Operating Reserve), providing a fast response to short-term rapid changes in power demand or sudden loss of power stations. See link: http://www.electricmountain.co.uk/Dinorwig-Power-Station
Big six energy firms braced for government price crackdown
Engineers tell government to pay for energy efficiency, storage and tidal power.
On Friday 21st April, Britain achieved its first ever coal free day.