Tempus CEO - Why we challenged the UK Capacity Market
In 2014 when we embarked on the challenge to the state aid approval of the UK Capacity Market, I had been a member of the Capacity Market expert group and watched first hand how the fossil fuel companies lobbied for their own advantage, against the interest of all energy customers who would be paying for the scheme. The more meetings I attended, the more determined I became to act. Amongst other things we told both DECC and Ofgem many times that the design of the scheme would lead to more diesel generation and more particulate emissions shortening lives. And we were ignored. There’s now a bank of Capacity Market funded diesel generators is Plymouth right next to an old people’s home, spewing out their poison onto people whose lives don’t deserve to be shortened. And this is just one example. Our government has managed to come up with a scheme that I consider to be a government orchestrated manslaughter, paid for by electricity consumers.
I am asked constantly who we are a front for. We have been helped in the past and continue to be helped by multiple organisations and individuals but we are not a front for anyone. Why are these organisations and individuals helping? Because they are convinced by the sense of our arguments, the fairness of what we are trying to bring about and our determination to stand for energy customers and the environment.
If we believe we are powerless then we can justify doing nothing no matter how bad a situation is. But if we recognise how powerful we are then we are out of excuses. I am a single parent to three children so potential failure weighs heavily on me. But doing nothing would be a heavier burden when I know how capable each and every one of us is at effecting change. Mandela’s quote is important to me because I find it so true “I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.”
Our action continues to inspire others because we have demonstrated what is possible. I believe very strongly that climate change will only be resolved when enough individuals and organisations are making more money out of its resolution rather than its continuation. That’s why Tempus exists - we are pursuing a profitable means of solving climate change, one that delivers benefits to energy customers and the environment alike. We are demonstrating that this future is possible if we give innovation a chance.
Competition makes us all raise our game. We have pursued our case under competition law precisely because we believe in the power of competition. Fair competition, instead of obtaining unlawful consumer funded subsidies. We must make big energy companies compete by the same rules as the smaller players. That’s what we are demanding in court. Allow energy customers who want to be flexible to earn a fair return on their flexibility and when they can outcompete fossil fuel generators in balancing the system then allow them to. The result will be a cheaper, cleaner energy system which we can all enjoy.
CEO & Founder, Tempus Energy