Half of suppliers have failed to reach their smart meter installation milestones, and were more than 10% outside of the tolerance allowed.
A £15/MWh Balancing Services Use of System (BSUoS) costs price cap has been introduced following skyrocketing forecast prices.
Regulations will come back into full force from 1 July, Ofgem has signalled in an open letter to suppliers.
Ofgem is set to introduce a new licence condition, based on the Energy Systems Catapult’s Data Best Practice guidance.
Up to £133 million could have been saved in grid balancing costs during the UK’s lockdown if smart electric vehicle (EV) charging and smart tech adoption had been more wide scale.
Energy suppliers will now be able to defer network payments, in an effort to protect them and customers from the impact of COVID-19.
The National Infrastructure Commission (NIC) has proposed a new framework for resilience should be implemented across the nation’s economic infrastructure as it has a "duty to prepare."
Double charging of battery storage is to end, as Ofgem approves changes to the Connection and Use of System Code (CUSC).
National Grid ESO's Grid Code modification request regarding disconnecting embedded generation is urgent, Ofgem has ruled, with a final decision expected before the end of the week.