Europe has put in place a specific regime to incentivise private investors to build, own and operate new interconnectors. Jean-Baptiste Vaujour at the Emlyon Business School looks at Eleclink, a private interconnector built to connect the UK with France. It uses the existing Channel Tunnel infrastructure. But the most disruptive side of Eleclink is not its smart use of the tunnel but its innovate business and regulatory model. The 1,000 MW DC … [Read more...]
“Stop trading renewable energy supply certificates, speed up the transition”
In the UK, REGOs certify that the power a consumer buys is renewable. As REGOs can be traded that means one supplier, sourcing 100% of their energy from renewables, and another simply buying enough REGOs to cover 100% of their output can both say they are 100% renewable. Is there a difference? Yes, says Thomas Harrison at supplier Good Energy. Trading REGOs takes the pressure off suppliers to use all their buying power to expand the supply of … [Read more...]