John Feddersen

The first two UK blue #hydrogen projects are poised to take final investment decisions later this year, but Norwegian oil and gas company Equinor has pushed back a target investment decision date for a third leading project amid government funding uncertainty that has left Humber decarbonisation projects "stranded." My story for S&P Global Commodity Insights here: Equinor has pushed back a target final investment decision date for its 600-MW H2H Saltend blue hydrogen plant in the UK to around 2027 after failing to be selected under the government's Track 1 carbon capture, use and storage cluster sequencing program in 2023. The Norwegian oil and gas firm's vice president for Low Carbon Solutions, Dan Sadler, said an investment decision hinged on getting the go-ahead for the CO2 pipeline system for Humberside, part of the East Coast Cluster. https://lnkd.in/e-9Sv5jZ

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UK Q4 energy price cap rises quarterly, down 6% year on year The UK energy price cap for October-December will increase compared to the previous quarter, energy regulator Ofgem said on 23 August, but remains lower than in the same period one year ago. Introduced in January 2019, the price cap sets the maximum price that energy suppliers can charge end-users for each unit of energy. Ofgem sets the cap based on supplier operating costs, including ICIS wholesale energy price assessments, as well as VAT and network costs. #ICIS #energy #energypricecap #Ofgem #gas #NBP #LNG #power https://lnkd.in/gvUmwa6g

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Shaf Bheda, Partner at Dow Schofield Watts Corporate Finance, recently attended an Insider Media round table, discussing the current market, and how it is set to change in the near future, taking into consideration the new government's impact on M&A. Kurt Jacobs, editor at Midlands Business Insider, described the discussion as "One of the most insightful discussions I've chaired in a while." Follow the link below, to see more on Shaf's views and those of the other attendees. https://lnkd.in/df7jN7Sx

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💰 Our own Michael Millar (FRSA) is looking for investment for his energy industry dating app. Who’s in? In his latest column on tech and the green shift for Energy Voice, Michael looks at why it’s so difficult for energy firms to take advantage of digital tech to drive sustainability - and why tech firms that could make a huge difference to the energy transition struggle to get traction with energy firms. ⏰ FYI… the article is outside the paywall for TODAY ONLY. So have a read now. Then form an orderly queue to invest your money… (We’re presuming the teams at EV AND E-FWD are in…? Ryan Stevenson, Tim Mills, Emma Lamont , Mark Selby, Owen Wyatt, Jacqui Gray, Ed Reed just send your bank details. We’ll do the rest.) https://lnkd.in/eumQJuhZ

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New Oxford Institute for Energy Studies Podcast discusses Hedging and Tail Risk in Electricity Markets. 👉 Link to Podcast: https://lnkd.in/es63suPU 👉 Podcast is based on a recent OIES research Paper titled “Hedging and Tail Risk in Electricity Markets”: 👉 Link to OIES paper: https://lnkd.in/esNGu4NK Key Conclusions of the paper: 💠 Paper considered how the hedgeability of long-term risk trades in electricity markets are affected by a shift towards variable renewables and storage 💠 Using a stochastic equilibrium model applied to real-world data in the Australian electricity markets it is demonstrated first that when it comes to the extremes, thermal dominated power systems can be expensive to hedge 💠 This is primarily due to the heavy-tailed nature of thermal commodity prices and the common-mode exposures between them 💠 Shifting to a more diversified power system, and importantly one that is less co-dependent in the tail, has the potential to improve the prospects for long-term hedging and contracting 💠 Results point to further considerations for policy and research inquiry in market design as electricity systems progress further down the path of decarbonisation 1️⃣ The relevance of credit worthiness and solvency in long-term risk contracting 2️⃣ The need for tail risk assessment of systems and markets to expand in breadth towards the integration of financial, physical, and digital systems 3️⃣ The third consideration relates to how consumers perceive risks 4️⃣ Fourth is critical role of energy storage in enabling effective hedging strategies especially in grids with high renewable penetration which underscores the need for specific policies that remove barriers and promote the deployment and innovation of storage technologies 5️⃣ Finally, parts of this analysis also influence questions on the degree of decentralization of decision making in electricity market design #electricitymarkets #risks #hedging #renewables #insurance #storage All of our #podcasts are also available on #applemusic and #spotify

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We're thrilled that BMA's Decisio™ Cloud for Energy Transition (C4ET) has been referenced in a new research paper by EPRI as a leading case study in data-driven decision-making for energy transition planning. Decisio™ C4ET has been recognised for its innovative approach to whole systems spatial and temporal energy transition planning. The paper underscores the growing importance of data-driven decision-making, leveraging advanced analytics and AI, in energy transition investment strategies globally. Decisio™ C4ET is emerging as a leader in this critical field. BMA is proud to be playing a key role in shaping a more sustainable #energy future. https://lnkd.in/eRe7bpuc Interested in learning more? The full research paper is attached to this post. We invite you to dive in and discover how Decisio™ C4ET is helping to drive the future of energy transition planning - please see page 7. For more information or to discuss how Decisio™ C4ET can benefit your organisation, please contact us. #EnergyTransition #AI #DecisionMaking #SustainableEnergy #InnovationInEnergy #BMA #Decisio

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