Smart Export Guarantee meaning

In this issue: Electricity and gas market regulation and licensing Renewable energy Nuclear energy International energy LexTalk®Energy: a Lexis®Nexis community Daily and weekly news alerts Dates for your diary Trackers New and updated content Electricity and gas market regulation and licensing Electricity Code Modifications All active changes to the Connection and Use of System Code (CUSC), the Grid Code (GD), the System Owner -Transmission Owner Code (STC) and the Security and Quality Supply Standard (SQSS) are now brought together on National Grid ESO’s Modification Tracker. The tracker outlines the intent behind each modification, identifies the stakeholders impacted, records Panel views on prioritisation, and shows its current stage within the review pathway. For more information, see: Codes. Renewable energy Ofgem publishes electricity and hydrogen co-location guidance Ofgem has released guidance for participants in the renewables obligation (RO), feed-in tariffs (FIT), renewable energy guarantees of origin (REGO) and smart export guarantee (SEG) schemes...

For comprehensive commentary on the regulation, consenting and incentivisation of the net zero energy transition under the laws of England and Wales, see also: Collinson and Hockman on Energy Law: Regulating, Consenting and Incentivising the Energy Transition. That textbook offers an in-depth treatment of matters addressed in this Practice Note. Introduction to the Smart Export Guarantee This Practice Note sets out a detailed account of the ‘Smart Export Guarantee’, a regulated scheme giving owners of small-scale, low-carbon installations in Great Britain a guaranteed contract to sell surplus electricity they produce. It considers, among other points, power purchase terms under the Smart Export Guarantee, the part played by electricity suppliers within the mechanism, and the categories of technology that can participate. The Smart Export Guarantee took effect on 1 January 2020. The proposal first emerged during consultations that announced the confirmed closure (for new installations) of the small-scale Feed-in Tariff (FiT) from 1 April 2019. This is because a key outcome of ending the FiT is the cessation of...

Key primary resources on closure of the FiT Government consultation dated 19 July 2018 on the outlook for new small scale renewables after FiT closure, with a follow-up on 8 January 2019: The Future for Small-Scale Low-Carbon Generation: a call for evidence (Future Support Consultation) Government consultation (19 July 2018) and decision (18 December 2018) confirming FiT closure: The Feed-In Tariffs scheme—closure to new applications after 31 March 2019, and administrative measures (FiT Closure Consultation) The Feed-in Tariffs (Closure, etc) Order 2018, made 17 December 2018 and effective from 1 February 2019: SI 2018/1380 (FiT Closure Order) Ofgem FAQ covering the end of the FiT: FAQ: FIT scheme closure (Ofgem FiT Closure FAQs) Ofgem guidance on winding down the FiT: Feed-in Tariffs: Essential guide to closure of the scheme (Ofgem FiT Closure Guidance) Updated Ofgem general FiT guidance, now including closure information: Feed-in Tariffs: Guidance for renewable installations (Ofgem Generator Guidance) Feed-in Tariffs: Guidance for licensed electricity suppliers (Ofgem Supplier Guidance)...

Practice Note This Practice Note sets out the principal considerations across the lifecycle—development, funding, build, operation and decommissioning—of a UK ground-mounted solar scheme. It touches on project finance; however, save for especially large schemes, many sponsors now commonly fund development and construction from their own balance sheets rather than accessing debt markets. This is particularly true where the initial developer has disposed of the project to an investor at the pre-construction stage. The Note proceeds on the basis that the ground-mounted solar scheme is delivered as a standalone asset, not a hybrid in which solar is co-located with a battery energy storage system (BESS) on the same site or paired with another generation technology. Co-location is nevertheless addressed in this Practice Note as follows: as a potential matter for sponsors to consider at the outset when shaping the project structure, or after the project has commenced operation; see Sections: Development phase: key issues and Operational phase: key issues, respectively, below as a circumstance where a...