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.
Articles tagged with: ofgem
Ofgem chief executive Dermot Nolan is to stay in his post until at least the end of February 2020 after extending his original contract.
Ofgem has handed more than £45 million to the winners of this year’s Network Innovation Competition, helping bring more innovative technologies to the fore.
Ofgem has established an independent panel of experts to challenge network companies’ business plans for RIIO-2.
OVO Energy has boosted its customer base to over one million after taking on 290,000 additional customers from Spark Energy, which has also seen its operating company bought as a standalone business.
Fixed charges are to be applied to all final demand network users irrespective of their ability to reduce their impact on the grid through generation or flexibility under Ofgem’s preferred strategy for its Targeted Charging Review (TCR).
The rollout of smart meters across the UK will come in after deadline and over budget, according to a damning report from the National Audit Office, adding yet more pressure on the government to address its strategy.
The upcoming publication of the Association for Decentralised Energy’s (ADE) Demand Side Response Code of Conduct has sparked discussion over whether the voluntary nature of participation will be enough to ensure good working practices.
Local energy marketplaces and their interaction with existing licensing regimes have proven a particular area of interest within Ofgem’s regulatory sandbox initiative, with BP and British Gas named amongst its new participants.