The UK renewables lobby has doubled down on warnings over planned reforms to network charging, suggesting they damage sectors “vital” to the country’s decarbonisation and push projects to the brink of failure.
Articles tagged with: ofgem
Innogy-owned UK energy supplier npower has announced it will lose as many as 900 jobs over the coming year as part of a major cost reduction programme.
Octopus Energy has been awarded just over £13 million to cover the debts of defunct supplier Iresa Energy as a tenth energy retailer went bust.
Challenger supplier OVO Energy has been appointed by Ofgem to take over Economy Energy’s 235,000 customers following the supplier’s collapse earlier this week.
A trio of green energy firms have been granted temporary derogations from the energy price cap, allowing them to charge above the determined limit on standard variable tariffs (SVTs).
Current±’s 2018 Review: Capacity Market standstill, Engie’s KiWi Power play and Ofgem’s busy December
We conclude our look back at the most significant stories of 2018 as we cast our (short) memories all the way back to November and the last few weeks of December, including that landmark ruling on the Capacity Market from the ECJ and Ofgem’s busy end to the year.
Industry regular Ofgem has proposed a number of reforms to the innovation stimulus to be included in RIIO-2, including the introduction of a new innovation pot and the removal of the Innovation Rollout Mechanism (IRM)
Ofgem has confirmed it intends to set baseline returns at 4% under the next set of network price controls, a significant, 50% reduction on the current framework.
Regulators must bring about an entirely redesigned approach to the electricity market if it is to properly embrace and realise the potential of the energy evolution, a new report has concluded.