Article summary
This week's edition of Energy weekly highlights includes: announcements from the Department for Energy Security and Net Zero (DESNZ), including a consultation on its proposed Gas Shipper Obligation (GSO) design, intended as the long-term funding mechanism for initial hydrogen production projects funded through the Hydrogen Production Business Model (HPBM), a £410m investment in fusion energy development, as well as the publication of its updated Clean Industry Bonus (CIB) allocation framework for the Contracts for Difference (CfD) Allocation Round 7 (AR7). In addition, this week, Ofgem launched a consultation on directions to be issued to Elexon in its role as the Market-wide Half-Hourly Settlement (MHHS) implementation manager, and Offshore Energies UK (OEUK) published guidelines on the processes required for developing offshore wind farms in UK waters.
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