CfD Allocation Round 3 Results clear at record prices

On 20 September BEIS announced the results of the Contracts for Difference Allocation Round 3. The auction results cleared at record low prices with 2023-24 delivery year prices at £39.65/MWh and 2024-25 prices at £41.61/MWh (2012 money). Overall, two advanced … Continued

SHEPD to receive £45.2mn for subsea cable costs

Ofgem explained its decision on 18 September to revise Scottish Hydro Electric Power Distribution’s (SHEPD’s) allowed expenditure for subsea cable costs. This will allow SHEPD to recover £45.2mn of efficient costs for protecting subsea cables, up from £42.5mn from Ofgem’s … Continued

NEA criticises “failing” fuel poverty strategies

National Energy Action (NEA) and Energy Action Scotland released a new report on 17 September arguing that thousands of people will die this winter due to “failing” national fuel poverty strategies. The UK Fuel Poverty Monitor also said that the … Continued

ExxonMobil announces £140mn investment at Fife ethylene plant

ExxonMobil announced plans to launch a £140mn additional investment programme through 2019 and 2020 at its Fife ethylene plant on 17 September. The programme will aim to upgrade key infrastructure and introduce new technologies to significantly improve the plant’s operational … Continued

Orkney 220MW transmission link given go-ahead by Ofgem

Ofgem gave the go-ahead to Scottish and Southern Electricity Networks’ plan for a 220MW transmission link from Orkney Islands to the Scottish mainland on 16 September, subject to conditions that ensure value for money for consumers. The link, which has … Continued

Labour calls for green industrial revolution

Labour Leader Jeremy Corbyn has called for a green industrial revolution to take place in the UK during a visit to Fife, Scotland. As reported by The Courier on Saturday 14 September, Corbyn criticised EDF for moving work to manufacture … Continued

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Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

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Scottish energy market overview

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