Ofgem has confirmed it intends to set baseline returns at 4% under the next set of network price controls, a significant, 50% reduction on the current framework.
Articles tagged with: regulation
We continue our run-down of the most significant stories of the year, today taking a look back at March and April, which saw Ofgem unveil its overhaul of network incentives and major moves from some of UK energy’s biggest players.
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.
Ofgem chief executive Dermot Nolan is to stay in his post until at least the end of February 2020 after extending his original contract.
Following on from the launch of a voluntary code of conduct for the demand side response sector, John Bryant, head of business development at the Association for Decentralised Energy, discusses the need for such a code and, what it aims to achieve
A hard Brexit that sees Great Britain fall out of the Internal Energy Market (IEM) could cost consumers as much as £270 million a year, a new report from the UK Energy Research Centre (UKERC) has claimed.
Ofgem has established an independent panel of experts to challenge network companies’ business plans for RIIO-2.
Energy secretary Greg Clark has triumphantly declared the energy trilemma to be over in a landmark speech which established a new set of principles to steer future development of the energy market.
The future of the Capacity Market has been plunged into doubt after the European Court of Justice annulled the European Commission’s decision not to object to the scheme.