
David Watson
@davidwatson__
I help people work through questions about energy and the energy transition. Strategy | Policy | Regulation. @davidawatson.bsky.social
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Ed Miliband on AR7 auction just now "value for money is the key consideration. We won't buy at any price and if specific technologies are not invested in, govt will look elsewhere". #eukconf25
I've just seen a chart from a public survey which asked how much of the energy bill people thought was retained as profit. Something like 5% responded "all of it". These people must be *really* annoyed. It implies they think energy just sort exists and that this is some scam.
I've said this before, but the push against renewables in the US is a curious act of self-harm. Even setting aside any carbon angle, renewables are the only tech that can be built in time to serve demand increases needed for growth. bloomberg.com/news/articles/…
The Energy UK Conference agenda today is one of the best I can remember. Very much looking forward to a good day discussing the big issues - and there are many. Come and say hello if you're here. #eukconf25

Barriers remain to using old EV batteries as stationary storage, including pricing, performance and safety... ...it would be great to unlock this potential in the coming years. Imagine if, when your EV was due for replacement you kept the battery? buff.ly/KchbLLF
Govt is proposing changes to the way the Capacity Market is run, including the ability for battery operators to self-declare capacity to allow for asset degradation through its life. Consultation below, runs to end November 👇buff.ly/UD2NaDo
Forecast increases in transmission network costs are causing concern amongst UK businesses. buff.ly/KDusAz6
archive.ph
Outrage as firms brace for £3.7bn energy bill shock
archived 6 Oct 2025 02:31:40 UTC
A vision of our future here from Spain: Between January and September this year, solar producers faced 693 hours of negative or zero power prices, reaching the total for last year. Storage and flexibility are crucial to sustained renewable deployment. buff.ly/4oaoAfu
reuters.com
Spain's solar industry warns of price threat to energy transition
Spain this year has clocked a growing number of hours with solar power prices at zero or even negative levels, which arise when supply exceeds demand and producers need to pay to offload power or...
Some mechanism to compare DNO actions would be welcome... ...but let's resist the urge to layer on a lot of governance and regulation. It just adds cost. I've been here before. It rarely seems to justify the benefits. utilityweek.co.uk/citizens-advic…
High UK energy costs are central to the discussion on the future of energy policy right now. In that context, INEOS announces loss of 20% of jobs at its acetyls plant in Hull on the back of high energy prices and 'unfair' international competition. buff.ly/q2krGIf
New from Ember: renewable energy sources generated more electricity than coal globally for the first time in the first half of 2025, driven by rapid growth in China and India. buff.ly/hPI9f5i
Some interesting behind the scenes footage / updates from Hinkley Point C here in this update from developers EDF. buff.ly/RjX5AEq
For years the expectation has been we'd see commodity price increases in copper, lithium and cobalt as low carbon energy demand takes hold. Now some are calling a surplus driven price fall as demand struggles to catch up with capacity build-outs. buff.ly/UOjTuU2
For the first time, last week, China set an absolute carbon reduction target, aiming to reduce CO2 emissions by 7 to 10 percent across the entire economy by 2035 from peak levels. Details in this write up: buff.ly/yiSwi0D
TotalEnergies announce sale of 50% of US solar portfolio, £1bn/year capex reduction and purchase of 49% of upstream US gas assets. Pressure to reduce net debt-to-equity ratios, possible further divestments to follow. buff.ly/3MnXpNU
reuters.com
TotalEnergies' capex cuts fail to ease investor debt concerns
TotalEnergies' plan to cut annual capital spending by $1 billion and sell more power assets failed to ease market concerns over its recent rise in debt, with shares falling 2% after CEO Patrick...
Ovo is looking at following in Octopus' steps and selling its technology arm - Kaluza - at a "unicorn" valuation. buff.ly/Z0TCAjO
The thing I don't understand about US energy policy, aside from decarbonisation, is that they need to build *a lot* of new generation capacity and network to meet demand. The economy will be impacted. You can't build enough gas/coal plant in time. buff.ly/qnvYxnm
We absolutely need to find a way for gas to power asset owners to earn a return in a market with lower load factors. But the current system isn't working for anyone. Reform is needed to ensure value and system resilience. buff.ly/VaN0fCj
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