The UK power market’s transition to a more decentralised, decarbonised and digitalised grid is happening faster than regulation can keep up, Ofgem’s Andrew Wright has said.
The National Audit Office has rounded on the government’s decision to pursue the £18 billion+ Hinkley Point C project, describing it as “high cost and risky”.
The UK must remain as closely aligned as possible to the wider European energy market after it exits the European Union, a leading trade association has warned.
UK power giant Centrica has disposed of the last of its combined cycle gas turbine (CCGT) power stations in the UK to focus primarily on decentralised generation assets.
Swedish state-owned energy giant Vattenfall has set its sights firmly on the so-called Big Six’s market share with the purchase of its own consumer supplier.
