As Ofgem works with industry to review electricity system balancing this Spring and Summer National Grid Energy System Operator (ESO) chief engineer Roisin Quinn looks back over this period and offers her thoughts on the challenges posed by COVID-19 and the lessons learned.
Further savings of £1.7 billion could be created if Ofgem went further in RIIO-2 according to Citizens Advice.
Ofgem’s RIIO-2 Draft Determinations risk system reliability and will result in missing 2030 targets according to SSEN Transmission, with SPEN also wading in to brand the proposals “unacceptable”.
Octopus Energy has been selected by Ofgem as the Supplier of Last Resort (SoLR) for Effortless Energy’s domestic and non-domestic customers.
Ofgem has fined SSE £2.06 million for failing to publish, in a timely manner, information about the availability of its generation capacity.
Effortless Energy has become the first supplier to go bust during the COVID-19 pandemic period.
OVO Energy is to pay £1.2 million to Ofgem after SSE Energy Services failed to meet its 2019 smart meter targets.
Ofgem is evaluating it balancing costs system after costs rose by 39% during lockdown.
Ofgem is targeting local electricity transformation in its distribution proposals for the next five years.