Forecasting, flexibility monitoring and data are among several priority areas for early investment for the DNO/DSO transition, according to Smarter Grid Solutions (SGS).
Ofgem is “ready to take tough action” on suppliers that fall short of smart meter goals, the regulator’s executive director of consumers and markets, Mary Starks, has said.
Ofgem has officially replied to an article in the Guardian that accused the energy watchdog of stalling the electric vehicle (EV) rollout, saying that is does “not fully reflect Ofgem’s position.”
Toto Energy has officially ceased to trade, leaving 134,000 customers in limbo and becoming the latest of 16 small energy suppliers to go bust since January last year.
Ofgem will allow £64 million of additional funding requests from distribution network operators (DNOs) for rail electrification, street works and site security.
Regulators must be given new powers to ensure utility firms invest in sustainable infrastructure or the UK’s net zero emissions by 2050 target is at risk.
Ofgem chief executive designate Jonathan Brearley has said driving decarbonisation will be his “absolute priority” when he takes the hot seat next year.
Decarbonisation of the UK’s energy supply is slowing, Ofgem has warned, while the cost of balancing the UK’s power system spiked to its second-highest ever in 2017/18.
The Energy Networks Association (ENA) has lauded the “relentless focus on innovation, delivery and net zero” its Open Networks project has, declaring it vital to new emissions reductions targets.
