Ofgem has confirmed that it will not open a mid-period review (MPR) of the current set of electricity distribution price controls, closing the door on potential changes to the RIIO ED-1 framework.
The heads of some of Europe’s most significant energy companies and associations have urged the UK and the European Union to place continued energy alignment as a priority during Brexit negotiations.
The UK’s domestic renewables and low carbon sectors need urgent clarity over Brexit-related issues if they are to continue to succeed, Scotland’s first minister Nicola Sturgeon has warned.
Ofgem’s proposals to overhaul forthcoming price controls for network companies will prove to be the “acid test” for its ability to properly regulate the market.
Battery storage and demand-side response have continued to play a crucial role in the UK’s power mix, together landing more than 500MW of contracts in the most recent T-1 Capacity Market auction.
The UK government must issue firmer, more ambitious decarbonisation policies as a “matter of urgency” if it is to meet its fourth and fifth carbon budgets.
Network company profits could add as much as £20 to the average energy bill this year, new analysis by the Energy and Climate Intelligence Unit (ECIU).
Scottish and Southern Electricity has issued a detailed response to Dieter Helm’s Cost of Energy review, picking fault with what it considers key oversights and a lack of accompanying evidence.
