The UK gas and power markets were primarily influenced by the progress of the ceasefire negotiations between Ukraine and Russia. With no official agreement reached yet, the markets remained sensitive to the ongoing discussions, many of which were heavily influenced by President Trump.
After ten years of dispute with the Scottish Assessor, the appeal of Old Faskally & Others against the rateable valuations (RVs) imposed on hydro sites by the Assessor, has received a third and final verdict from the Tayside Appeal Committee.
Hydro abstraction charges have been disputed by the British Hydropower Association (BHA) and Alba Energy since they were first applied in 2017, with SEPA struggling to justify the amounts being levied from the Small Hydro sector.