National Grid has hit out at Ofgem’s proposals on grid works required for Hinkley Point C, warning they could harm investment in UK energy infrastructure.
Ofgem is to restructure itself around three core divisions in a streamlining exercise intended to initiate a greater focus on protecting consumers.
Ofgem is to kick off the recruitment process for a new chair after David Gray announced his intent to retire next year.
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.
Projects supporting markets for flexibility have been endorsed by Ofgem within the regulator’s Network Innovation Competition (NIC).
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.
Chris Pritchett, contract lawyer and partner heading up the energy and environment practice at Foot Anstey, recently served as moderator for the “Developers and financiers debate” at the Energy Storage Conference at the Solar & Storage Live 2017 show in Birmingham. In attendance were fund managers and project developers and a robust discussion followed and afterwards, Chris caught up with Andy Colthorpe for an in-depth interview on camera.
Ofgem chief executive Dermot Nolan has warned traditional utilities that they could be made “redundant” in a future power market typified by change and new market entrants.
Northern Powergrid has begun using a £4 million battery paid for by consumers to sell services to National Grid, just as regulator Ofgem sets out its plans to ensure distribution network operators (DNOs) are restricted from doing so directly in the future.
Ofgem has taken £200 million from some distribution network operator (DNO) allowances following a new review of price controls.
Pressure is continuing to mount on the UK’s distribution network operators (DNOs) after a report from the Energy & Climate Intelligence Unit (ECIU) think-tank has claimed their profit margins added £10 billion to consumer bills in a six-year period.
Energy network companies have unveiled plans to join forces and develop joint network innovation strategies across gas and electricity, with the latter seeking to create new opportunities in battery storage, renewable generation and other developing technologies.
Distribution network operators (DNOs) are facing a combined potential penalty of £13.9 million from regulator Ofgem for under-performing in providing connections to their customers in the latest example of the hardening stance being taken against network operators.
Foresight Solar Fund, one of the UK’s largest owners of utility-scale solar assets, has detailed how changes to the way embedded benefits are calculated will impact its top line.
Ofgem has kicked off its review process to reform residual charging for both demand and generation across transmission and distribution networks with the launch of a significant code review (SCR).
Energy regulation Ofgem has outlined how it intends to enact a more “holistic” approach to future regulation of the UK’s energy market.
Two distribution network operators (DNOs) have applied to Ofgem for approval to invest £79 million in funding between them to boost their active management capabilities and counteract the challenges of increasing volumes of low-carbon technologies.
Ofgem has insisted its supplier controls are sufficient to protect customers, defying criticism it received after last month’s collapse of GB Energy Supply.
The secretary of state for business, energy and industrial strategy (BEIS) Greg Clark appears to have ruled out a consultation on the proposals expected to come from Ofgem following the completion of its review of embedded benefits.
The Association for Decentralised Energy claims Ofgem's "rushed through" proposals on embedded benefits will undermine the UK’s transition to a lower carbon system.
Instances of meters adding the cost of electricity exported to consumers’ bills will reduce as modern meters are installed across the country.