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Energy weekly highlights—20 February 2020

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Published on: 20 February 2020

Published by a LexisNexis Energy expert

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Article summary

This week's edition of Energy weekly highlights includes the Office of Gas and Electric Markets’ (Ofgem) final decision on its Guaranteed Standards of Performance consultation and its announcement of its intention to conduct a review to assess the current and future challenges facing GB System Operation. The Oil and Gas Authority (OGA) has also confirmed it will be increasing its industry levy for the 2020–21 financial year in order to support delivery of UK net zero target, the Crown Estate has commissioned five research projects into offshore wind leading to assist its plan-level Habitats Regulations Assessment (HRA) for Offshore Wind Round 4 Leasing and the Department for Business, Energy and Industrial Strategy (BEIS) has confirmed adjustments to the Capacity Market auction parameters for the delivery year 2023–2024, reducing the T-4 target capacity and adjusting the demand curve.

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