The UK’s largest energy companies need to install around a million smart meters every month between them to meet the 2020 roll-out target, according to analysis by consumer group Which?.
Innovations to help vulnerable energy customers are at risk of sliding down supplier agendas as a result of the sheer pace of change elsewhere, a new report has warned.
National Grid has hit out at Ofgem’s proposals on grid works required for Hinkley Point C, warning they could harm investment in UK energy infrastructure.
Ofgem’s head of networks has reiterated the regulator’s warning to operator companies that they should expect tougher price controls after pointing to “double digit returns” deemed too high within current market conditions.
Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
The traditional ‘supplier hub’ model of energy supply in the UK may “break down” as the UK power market continues to become more decentralised, Ofgem has warned.
