Ofgem’s proposals to overhaul forthcoming price controls for network companies will prove to be the “acid test” for its ability to properly regulate the market.
The government has confirmed that it will seek an exemption for green energy tariffs from its looming price cap.
Battery storage and demand-side response have continued to play a crucial role in the UK’s power mix, together landing more than 500MW of contracts in the most recent T-1 Capacity Market auction.
Energy companies and utilities could face fines of up to £17 million if they are found to have insufficient cyber defences, the government has warned.
The UK government must issue firmer, more ambitious decarbonisation policies as a “matter of urgency” if it is to meet its fourth and fifth carbon budgets.
Network company profits could add as much as £20 to the average energy bill this year, new analysis by the Energy and Climate Intelligence Unit (ECIU).
Scottish and Southern Electricity has issued a detailed response to Dieter Helm’s Cost of Energy review, picking fault with what it considers key oversights and a lack of accompanying evidence.
National Grid has recommended that targeted capacity for both the T-1 2018/19 and T-4 2021/22 Capacity Market auctions be cut.
Ofgem is to kick off the recruitment process for a new chair after David Gray announced his intent to retire next year.
A large group of major multinational companies has urged European member states to support a renewable energy target of at least 35% by 2030.
Ofgem’s head of networks has reiterated the regulator’s warning to operator companies that they should expect tougher price controls after pointing to “double digit returns” deemed too high within current market conditions.
Centrica has made a raft of proposals to both government and Ofgem in a bid to “level the playing field” in the energy market.
Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
The traditional ‘supplier hub’ model of energy supply in the UK may “break down” as the UK power market continues to become more decentralised, Ofgem has warned.
Dieter Helm has pitched his vision for the future energy market, including a “significantly diminished” role for Ofgem as its responsibilities are largely redistributed.
Regulators will need to evolve and adapt new approaches if they are to best protect consumers as the power market continues to pivot, a new report has warned.
Ofgem has taken £200 million from some distribution network operator (DNO) allowances following a new review of price controls.
National Grid must create a legally separate company to conduct its system operator (SO) duties and have it running by April 2019, Ofgem has said.
Energy regulation Ofgem has outlined how it intends to enact a more “holistic” approach to future regulation of the UK’s energy market.
An EDF-led consortium is aiming to trial a local, peer-to-peer (P2P) power trading platform enabled by blockchain as one of a number of projects Ofgem is currently discussing in the context of its Regulatory Sandbox project.
Following the launch of SmartestEnergy’s fifth annual Energy Entrepreneurs Report, VP renewables, Iain Robertson explains why the independent generation market is looking for stability and a level playing field.
Six of the UK’s leading renewable energy trade associations have called on energy secretary Greg Clark to embrace low carbon sectors in the UK’s industrial strategy or miss the chance to take a strategic lead.
A vacant warehouse at Glasgow Airport has received a £750,000 energy efficiency upgrade in order for it to meet new regulations that come into force today.
Cement works Hanson UK has used its ISO50001 certification, achieved in September last year, to take its energy efficiency improvements beyond merely complying with ESOS regulations.