ofgem

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.
March 24, 2022

Winter price cap to increase by £500 as volatility remains, predicts Cornwall Insight

​The latest predictions by Cornwall Insight detail how the energy price cap for winter 2022-23 is expected to be set at £2,512.
Image: National Grid.
March 15, 2022

​National Grid Electricity Transmission puts out call for low-carbon backup generator alternatives

​National Grid Electricity Transmission (NGET) has put out a Call for Innovation (CFI) to find alternatives to backup diesel generators.
US-UK partnership to bolster EV and offshore wind supply chains. Image: Pxhere.
March 4, 2022

Committee warns UK to miss net zero as policy and financial incentives don’t match ambition

​The Industry and Regulators Committee has said the UK is likely to miss its net zero by 2050 target, as the goal has not been matched by the policies and the clarity over financial incentives needed.
ENA calls for a number of measures for the UK to include in the upcoming Spring Budget. Image: Pxfuel NC.
March 1, 2022

Ofgem unveils 40 energy network projects to win ‘discovery’ funding from SIF

​Ofgem has unveiled 40 projects that are receiving a chunk of funding from its Strategic Innovation Fund (SIF).
Business and the energy crisis: have the measures gone far enough? Image: Pixabay NC.
February 21, 2022

Whoop Energy and Xcel Power shutter

​Two more energy suppliers have collapsed, with Whoop Energy and Xcel Power Ltd leaving 536 customers to be absorbed by the Supplier of Last Resort (SoLR) mechanism.
Image: Getty.
February 17, 2022

Ofgem introduces new short-term measures in effort to stabilise supplier market

​Ofgem has brought in two new measures to help stabilise the supplier market in the wake of the slew of supplier collapses in 2021.
February 14, 2022

Difficult decisions ahead for directors of distressed energy suppliers

National Grid ESO to reintroduce the demand flexibility service this winter. Image: Getty Images.
February 3, 2022

Energy price cap raised by 54% as Treasury unveils suite of bill protections

​As predicted, regulator Ofgem has raised the default tariff price cap by 54% hitting £1,971.
Image: Getty.
February 2, 2022

Energy crisis a problem for the wider economy, Energy UK warns as it calls for further action

​With a day until the next energy price cap is revealed, trade body Energy UK is calling for the government to take action.
"Wholesale gas
February 2, 2022

Ofgem to announce new price cap on 3 February

​Ofgem will announce the highly anticipated new level of the price cap on 3 February at 11am.

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