Five energy suppliers hit with provisional orders over FiT fees
Ofgem has issued five energy suppliers with provisional orders to pay around £765,000 for the feed-in tariff (FiT) scheme.
Regulation
Urgent action required on grid flexibility to meet net zero, REA warns
The UK is lagging behind other European countries such as Finland, Norway and Sweden in making changes to increase the flexibility of the grid.
Elexon boots out three more suppliers from BSC
Elexon has expelled three more suppliers from the Balancing and Settlement Code (BSC).
Ofgem revokes Nabuh Energy’s electricity supply licence
Ofgem has revoked the electricity supply licence held by Nabuh Energy over unpaid debts.
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EDF to take on shuttered supplier Utility Point’s 220,000 customers
EDF has been selected as the Supplier of Last Resort for Utility Point’s 220,000 domestic customers after the latter collapsed last week.
BEIS stresses need for more renewables to reduce volatile global gas price risk
Energy secretary Kwasi Kwarteng is today (20 September) convening a roundtable on the way forward for the energy industry following high gas prices and supplier exits.
Transmission charges must be changed to support Scottish renewables, argues report
The Scottish Affairs Committee has called on Ofgem to change how transmission charges are distributed, to help strengthen the Scottish renewables sector.
Ofgem issues Avro Energy with provisional order
Ofgem has issued a provisional order to Avro Energy, compelling it to provide financial information to the regulator.
Trevelyan out of BEIS as Kwarteng keeps hold of top position
The Department for Business, Energy and Industrial Strategy is to continue to be led by Kwasi Kwarteng following the latest cabinet reshuffle.