Israel's Public Utilities Authority (PUA) has issued new guidelines for power generators of how to handle domestic gas supply shortages. In such circumstances, private power producers will take priority as state-owned utility Israel Electric Corp (IEC) can switch to alternative fuels, such as gasoil or fuel oil.
Senate committees in Mexico have backed laws that regulate the opening of state-run oil and gas industries to private investment. The latest bill includes a raft of secondary laws supporting energy reforms, including a hydrocarbons law, which sets out contracts, fines and the ownership of Mexican oil and gas resources.
Questioning the government's ability to predict the UK's future power demand and criticising its risk appetite, analysts at Cornwall Energy suggest the 53 GW of de-rated capacity up for grabs in the upcoming capacity auctions would be" larger than necessary" due to difficulties in predicting supply and demand four years out from a delivery year as well as a too low a de-rating of interconnector.
The UK’s Secretary of State for Energy and Climate Change, Ed Davey has announced that the government will procure a total of 53.3 GW of power generation capacity in upcoming capacity auctions. While the main parameters for the December auctions had already been outlined the total amount of capacity up for auction had remained uncertain.
Almost half of Europe's energy consumption is used for industrial processes and to heat and cool building, but policy makers at the European Commission are dragging their feet to assess how heat-related policies could help meet Europe's energy efficiency objectives and climate goals, criticised industry group COGEN Europe.
Allowing European energy companies to bid into the UK's upcoming capacity auctions with electricity delivered by undersea interconnections could help reduce costs and save up to £1 billion, analysis from Policy Exchange suggests. "By opening up the capacity market to overseas participation, the government can ensure the widest possible pool of bidders. This will increase competition with gas generators for capacity contracts, and as a result should help lower the cost of delivering the policy." said Simon Moore, senior research fellow at the energy think tank.
Projections of power sector CO2 emissions are sensitive to policy changes and natural gas supply, the US Energy Information Administration (EIA) said when drawing up five cases to gauge possible future emission cuts just days after the Environmental Protection Agency (EPA) proposed a rule to slash emission of existing fossil plants.
Edging closer to finalising a strategy to keep conventional power capacity operational in the future, the German government is aiming for a transnational solution: "We have to develop a capacity [remuneration] mechanism but this has to be developed in a synchronised way with our neighbours. We need an overall system," Uwe Beckmeyer, parliamentary state secretary in the economy and energy ministry said.