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EAC calls for minimum floor price for 'flawed' Smart Export Guarantee

Image: Nottingham City Council.
The Environmental Audit Committee (EAC) is calling for the introduction of a floor price above zero for the Smart Export Guarantee (SEG) to help support community energy.
This follows industry feedback gathered through a call for evidence regarding community energy issued by the EAC in February that saw 57 responses. Industry representatives told the committee that in its current form, the SEG – which came into effect in January 2020 and requires energy suppliers to offer an export tariff – is flawed because it provides no minimum export price, and no long-term certainty beyond 12-month periods .
As a result, the EAC is also recommending that the government extends the guarantee on the energy export price. These recommendations have been issued in a letter addressed to energy secretary Kwasi Kwarteng, detailing how while the SEG has replaced the feed-in tariff (FiT), it puts the community energy sector at a disadvantage to lar ....

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UK ready for 'new start' post-Brexit

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London – The United Kingdom (UK) is ready for its “new start”, the government has said, as it prepares to leave EU trading rules at 11 p.m.
Officials insisted new border systems were “ready to go” amid concerns about possible delays.
The trade deal agreed by the two sides avoids the need for import taxes – tariffs – which many firms had feared.
But there will still be major changes to rules on travel, immigration, commerce, living and working abroad – as well as crime fighting and security.
Fears of giant tailbacks of lorries at Dover – in the event of a no-deal exit from the EU single market and customs union – have receded, but uncertainty remains about new customs rules and the government has warned there will be “some disruption”. ....

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