The UK’s energy network companies have called on Ofgem to put the good of consumers at the heart of its future price control plans, but have warned the regulator not to impose prescriptive measures on their revenues.
Scotland is aiming to position itself as a low carbon technologies hub by 2020 after first minister Nicola Sturgeon today announcing a £60 million Innovation Fund to support battery storage and other low carbon energy infrastructure.
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.
Smart charging can be used to provide the flexibility needed to manage the growing demand on local grids prompted by rising take-up of electric vehicles, according to the initial findings of a landmark study.
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.
UK Power Networks (UKPN) will seek over 34MW of flexibility services across its network to be available in January 2018 in the first open tender of its type to be held by a distribution network operator (DNO).
The chief executive of Ireland’s transmission system operator has been poached by National Grid to head up what will become the UK’s new system operator company within the wider National Grid group.
