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  • New Thinking: Sugar Plum Fairies

    December 19, 2014

    New Thinking: Sugar Plum Fairies

    Sugar Plum Fairies Catherine Mitchell, IGov Team, 19th December, 2014 The provisional results of the capacity market auction have been announced. Overall, around 50 GW of capacity received a capacity payment, about 76% of the MWs entered – which must raise questions whether there was a need for it in the first place. Of that 50 GW about 34 GW (i.e. 68.4%) is existing plant and only around 5% of that 50 GW is new build. Of the 50 GW, 19% is existing coal, whilst Proven and Unproven DSR is only around 175 MW (i.e

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  • Britain’s dinosaur capacity market will worsen energy ‘trilemma’

    December 19, 2014

    Britain’s dinosaur capacity market will worsen energy ‘trilemma’

    Britain’s dinosaur capacity market will worsen energy ‘trilemma’ Catherine Mitchell, IGov Team, 19th December, 2014 About Catherine: http://geography.exeter.ac.uk/staff/index.php?web_id=Catherine_Mitchell Tomorrow, the government will begin spending up to £4bn per year on power stations some of which we do not need. In doing so, it risks compromising all three of the objectives that energy policy is supposed to deliver: security of supply, affordability and low-carbon energy. The capacity market auction will pay companies to keep existing nuclear, coal and gas-fired power stations running and to build new gas-fired units. Just over 50GW of capacity will be funded, at a maximum

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  • Presentation: IGov

    November 27, 2014

    Presentation: IGov

    Innovation, Governance and Affordability for a Sustainable and Secure Economy From: Catherine Mitchell To: University of Exeter Business School, Exeter, 26 November 2014 Outline Why is it important to have innovation / change? Climate change policy Short explanation of energy situation in UK Changing economics of energy Embracing change Constraining change Final outcomes for country, customers and citizens   Download presentation: Business School-Nov 14 If you would like a copy of the full ppt presentation with the accompanying notes and detailed references please email us

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  • New Thinking: Bringing International and Local Together – Decentralising Energy Regulation

    November 20, 2014

    New Thinking: Bringing International and Local Together – Decentralising Energy Regulation

    Bringing International and Local Together – Decentralising Energy Regulation (Starting the Discussion) Catherine Mitchell, Bridget Woodman and Caroline Kuzemko DECC has recently consulted on a Strategy and Policy Statement (SPS), which is intended to fulfil some of the recommendations made in the DECC Review of Ofgem in 2011, including replacing the past Social and Environmental Guidances from DECC to Ofgem. Unfortunately, the SPS has scarcely moved on from the Social and Environmental Guidance it is meant to replace. The EPG submission to the consultation discusses this in detail. A fundamental problem of the Draft

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