Cesar Sanches

New Oxford Institute for Energy Studies paper discusses Contracts for Difference in the energy transition. 👉 Link to paper: https://lnkd.in/ede2vKsX Key points: 💠 Contracts for Difference (“CfDs”), previously mainly known as financial hedging instruments, are increasingly seen as the method of choice for incentivising investment in clean energy technologies. 💠 In the power sector, the CfD mechanism has emerged as the preferred arrangement to provide the required revenue support and stimulate the construction of new renewable power generating facilities. 💠 Following the successful experience with renewable CfDs (in the UK and several other countries), it has been recognised that the CfD concept may be suitable for applications beyond power generation. 💠 Work is in progress, initially mainly in Europe and Asia, on CfD-based business models for clean hydrogen and carbon capture and storage (“CCS”), initially to be applied to one of these technologies but potentially evolving into multi-technology schemes. 💠 As an increasingly important support scheme to facilitate the global energy transition, CfDs will become an integral part of future energy markets in the coming years. #ContractsForDifference #CfDs #renewableenergy #hydrogen #CCS #energytransition 

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📢 The CCSA welcomes the Labour Party’s 2024 General Election Manifesto commitments, confirming an additional £1 billion to accelerate the deployment of carbon capture, and setting out a further £8.3bn a year for Great British Energy to co-invest in capital-intensive projects in leading technologies to deliver clean power. 🗨 CEO Ruth Herbert MPhys FEI highlights the need for timely financial decisions on Track-1 clusters and swift progress on Track-2 and expansion projects to meet the 2030 operational targets and CO₂ capture goals. Read Ruth's full statement below. 👇 👇 #CCUS | #CarbonCapture | #NetZero

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🌍 #NetZeroWeek!🌍 How are Corporate Power Purchase Agreements (#CPPAs) contributing to Britain achieving net zero? Increasing the amount of renewable energy on the grid is essential to the government’s strong decarbonisation targets to achieve net zero. CPPAs play a crucial role in this, as a critical way for renewable energy developers to get investment certainty and support the build of a new project. They allow renewable projects to get off the ground that otherwise wouldn’t be possible, removing a significant roadblock to building new facilities and increasing capacity. CPPAs also benefit corporates by enabling them to partner with a renewable asset, providing traceability and authenticity in their energy supply. This supports business sustainability targets and improves long-term financial certainty, with fixed power prices that protect against market volatility. As demand for CPPAs grows, we’re excited to see innovation in this space! We’re proud to be the UK's largest offtaker of renewable energy, facilitating market-leading CPPAs that create positive change. Read about our latest innovative CPPA here – https://ow.ly/4q4r50SzGJ6 Net Zero Week™ #RenewableEnergy #PPAs

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🗣 “Brazil is a frontrunner in clean energy transitions: among the world’s largest economies, it boasts the lowest share of fossil fuels in its energy mix” Our new commentary from IEA Analyst Tomás Bredariol looks at key opportunities for Brazil to lead the global energy & climate dialogue. Read more ➡️ https://iea.li/4f8PUaU

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Partner's News The Energy Hubs – Fill the Backbone report by Hydrogen Scotland member Net Zero Technology Centre highlights the emerging opportunity to export green hydrogen from Scotland into the expanding hydrogen market in Europe. Economic modelling indicates that a 10 GW scale Energy Hub in Scotland producing green hydrogen from floating offshore wind could produce hydrogen for £3.90/kg. To capitalise on this opportunity, Scotland will need to develop strategic Energy Hubs in time to meet this growing demand. https://lnkd.in/gPJgp5SC

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📣 Sustainability Conference Speaker Announcement: Jonathan Dunn, Anglo American Jonathan has responsibility for Group public policy positioning and advocacy on climate change, leads on UK Government Relations, provides Government Relations support to Anglo American’s operations to Brazil, and strategic stakeholder management for the Group’s Executive Committee. Prior to joining Anglo American in 2018, Jonathan served as a British diplomat for 21 years, during which time he spent four years in Hanoi, Vietnam and eight years in Brazil. His time in Rio coincided with the Rio 2016 Olympic and Paralympic Games and Jonathan led the UK Government’s work on the Games, receiving an OBE from HM Queen Elizabeth for this work. 🌍 Where to find him?  Hear from Jonathan and a host of other leading international experts from BT Group and Lloyds Banking Group on our panel, ‘Stepping up efforts on supply chain decarbonisation’ beginning at 11:30am. Share thought leadership, listen to case studies and engage with key government representatives and major institutions and come along to our conference. Register here: https://bit.ly/4dbyCsP International Chamber of Commerce HSBC Innovation Zero Reset Connect Global Trade Review (GTR) UK Business & Biodiversity Forum #SustainabilityConf24 #WeAreICC #SupplyChains #Trade #Environment #NetZero #ClimateCrisis #ParisAgreement #Cooperation #decarbonisation #scope3 #biodiversity #BeatPlasticPollution #Recycling #naturepositive #climateaction #carbonmarkets #circulareconomy #esgcompliance #esgreporting #trackandtrace #sustainabletradefinance #greenfinance #competitionlaw #GreenClaims #EthicalBusiness

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IETF Process – The Wait Begins With the closure of the application window for the UK's Industrial Energy Transformation Fund (IETF), stakeholders eagerly anticipate the impact of this initiative.   It is widely anticipated that applications will massively over-subscribe the available funds. The IETF aims to support industrial decarbonisation efforts by providing financial assistance for projects that enhance energy efficiency and reduce carbon emissions. While the £185m allocated in this round represents a significant investment in the transition to a low-carbon economy, its finite budget raises questions about its scalability and ability to catalyse widespread transformation across the industrial sector. The time lost for the evaluation and approval of applications introduces a delay in the implementation of critical projects. As applicants await funding decisions, valuable time is lost, hindering progress towards emission reduction targets and impeding the momentum of industrial energy transformation efforts. The impact is that it takes management attention off the project and projects lose momentum. Despite these challenges, the IETF presents an opportunity to kickstart innovative initiatives and showcase the feasibility of industrial decarbonisation strategies. However, to maximise its impact, future iterations of the fund will require increased funding and streamlined application processes to accelerate the transition towards a sustainable industrial landscape. Private sector, off-balance sheet, funding also represents an opportunity for corporates to progress decarbonisation projects without needing to use their own capital. If you would like to explore how these funding channels could possibly work for your company, please contact the team, info@on-site.energy

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Dedicated Energy Hubs Needed to Transform Scotland into Leading Hydrogen Producer   The Net Zero Technology Centre (NZTC), has today [27 June 2024] launched its ‘Energy Hubs: Fill the Backbone’ report, providing recommendations that will help scale Scotland’s hydrogen production potential and establish itself as a leading exporter of green hydrogen through the development of large-scale energy hubs. 🔽 Find more info in comments below 🔽 #EnergyHubs #Scotland #HydrogenProduction #CleanEnergy #RenewableEnergy #GreenHydrogen #OilandGas #RenewableEnergy #GreenEnergy ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition |#BusinessEnergy | #EnergyPrices | #EnergyIndustry |#LNG | #FossilFuels | #EV | #ClimateAction |#NetZeroTransition | Latif Faiyaz Julian Hernandez Kieran Chauhan Alison Bierlaire Edward Bilton Ian Muir lukas walsh Kaspar Strugar Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | Latif Faiyaz Julian Hernandez Kieran Chauhan Alison Bierlaire Edward Bilton Ian Muir lukas walsh Kaspar Strugar Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | Latif Faiyaz Julian Hernandez Kieran Chauhan Alison Bierlaire Edward Bilton Ian Muir lukas walsh Kaspar Strugar Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | Latif Faiyaz Julian Hernandez Kieran Chauhan Alison Bierlaire Edward Bilton Ian Muir lukas walsh Kaspar Strugar Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | Latif Faiyaz Julian Hernandez Kieran Chauhan Alison Bierlaire Edward Bilton Ian Muir lukas walsh Kaspar Strugar Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | #AsianDemand | #Energy | #EUEnergy | #Gas | #Supply | Latif Faiyaz | Julian Hernandez | Kieran Chauhan | Alison Bierlaire | Edward Bilton | Ian Muir | lukas walsh | Kaspar Strugar | Amelia Santerre

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Read our Weekly #EnergyMarket Review! 📈 This report highlights the key drivers affecting UK gas and power markets last week. We review global gas prices, global power prices and provide analysis of the UK's power price curve. You can subscribe to our free Daily Market Reports here: 🔗 https://lnkd.in/ejmbhwns Or contact our trading desk via: 📧 trading@ngpltd.co.uk Read the report here! 👇 #EnergyMarkets | #EnergyTransition | #BusinessEnergy | #EnergyPrices | #EnergyIndustry | #LNG | #FossilFuels | #EV | #ClimateAction | #NetZeroTransition | #AsianDemand | #Energy | #EUEnergy | #Gas #Supply | Latif Faiyaz | Julian Hernandez | Kieran Chauhan | Alison Bierlaire | Edward Bilton | Ian Muir | lukas walsh | Kaspar Strugar | Amelia Santerre

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Discover Next steps for climate adaptation policy in Scotland at Scotland Policy Conferences on the 29th of May 2024! Speakers include The Scottish Government, Scottish Environment LINK, Climate Change Committee and more! Register to discuss this topic with key stakeholders and policy makers: https://lnkd.in/dqK5mc8T #SCOTLANDPOLICY #climateresilience #climatepolicy #climatechangepolicy #publichealthscotland #climateadaptation

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ENA unveils general election manifesto on energy priorities The Energy Networks Association has released its 2024 general election manifesto, outlining priorities for ensuring reliable energy while transforming the grid to meet the UK's net zero target 🔗 Read more: https://lnkd.in/eAdxpsYi 🌐 Visit: https://lnkd.in/etJGmpAS Learn more about our project financing. Powering Progress, Investing in Energy. #energy #markets #projectfinancing

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As forecast by Greenwich Forum experts, asset owners incl. #centralbanks and #SWFs buying #gold and #energy assets: what are they telling us about the future? #JoinUs #21_22_October g20pensions.org 👑GreenwichSummit.org Future of Investing European Finance Week UK & EU #Pensions #fiduciary #LaborAndCapital #viamedia Impact Forum #impactforum #impactful

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Energy chief calls for reforms to achieve UK green targets. ScottishPower's CEO calls for urgent reforms to address planning delays and skills shortages hindering the UK's energy transition. The Labour Party The Conservative Party Liberal Democrats #energytransition #greenenergy #climatechange #climatetargets #climateaction #energycrisis #netzero #sustainability

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