All in Disruption
The capacity market scheme was designed to facilitate the flow of money to both existing generation sources, as well as encourage the building of new generation. Tempus have been analysing the EMR Delivery body's public data to put together a breakdown of their figures.
One of the key failures of the capacity market were the distortions in policy which created a massive bias favouring “small scale reciprocating engines” over cleaner, low carbon technology solutions.
“Some aspects of Claire Perry MP's statement are disingenuous and could be accused of misleading the House.” - Tempus CEO Sara Bell addresses the statement made by Claire Perry MP.
Tempus Energy challenged the structure of the capacity markets before the first auction even began. This is because we could clearly see the rules were skewed in the favour of polluting fossil fuel generation - four years’ worth of auctions since then have displayed the effect of this oversight.
Groundbreaking court ruling opens door to lower prices and cleaner energy for customers.
£5.6bn committed in customer-funded subsidies favouring polluting fossil fuels ruled unlawful
We need to create a smart energy system that empowers the customer to be flexible. With the information smart meters generate we will have the tools to deploy new innovative technologies, optimise our electricity grid and make it work for customers and the planet.
As a consumer of electricity, you have enormous power to impact the electricity market and fix a broken system. Do you know how leverage your power?
We made a checklist of what our dream electricity market would look like - we dreamt about a real market that would allow customers to unlock the value of being flexible.
Do you know the difference between flexibility and demand side response?
