Energy weekly highlights—31 May 2019

Energy weekly highlights—31 May 2019

This week’s edition of Energy highlights includes confirmation from the Office of Gas and Electricity Markets (Ofgem) on its methodology for calculating the next round of network controls between 2021 and 2026, which will deliver a ‘smarter and more sustainable’ energy network; the publication of the Department for Business, Energy & Industrial Strategy’s (BEIS) response document for its consultation on the enrolment of Secure SMETS1 meters in the Data and Communications Company’s (DCC) national communications network, along with a final statement for the second carbon budget period, as required by section 18 of the Climate Change Act 2008. Also this week, the Energy Progress Report revealed a significant increase in the global electrification rate.

Electricity and gas market regulation and licensing

Number of people with access to electricity up 360 million since 2010

The number of people without access to electricity has dropped to around 840 million, compared to 1.2 billion in 2010, the Energy Progress Report finds. The current global electrification rate is 89% and is expected to rise to 92% by 2030. Despite significant efforts made to develop and deploy renewable energy technology to generate electricity, development is lagging far behind the goals when it comes to access to clean cooking solutions and the use of renewable energy in heat generation and transport. See: LNB News 23/05/2019 71.

Networks and connections

Ofgem confirms new methodology on price control

Ofgem has confirmed its new methodology for calculating network price controls starting in 2021. In today’s terms, the methodology known as RIIO-2 would set th

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