With tariffs skyrocketing and zero marginal cost generation increasing its share, the notoriously difficult energy retail sector is facing quite the conundrum. But are telecoms-esque subscription models the answer? David Pratt seeks to find out.
Flexibility providers with units as small as 1MW will be able to access the Balancing Mechanism (BM) by April next year under proposals published by National Grid which will also allow aggregators to play in the market.
The Department for Business, Energy and Industrial Strategy (BEIS) has begun the process of potentially opening the door for renewables to compete in the Capacity Market.
Ofgem has published much of the evidence submitted to its RIIO-2 consultation, with network operators largely rallying against a proposed cost of equity range that was beset by “fundamental flaws”.
E.On has said the government must throw its support behind small-scale renewables as an urgent priority as the industry faces a looming policy cliff edge.
Ofgem has teased “fundamental reforms” to the energy supplier hub model after concluding it to be “not fit for purpose in the long term”.
The E.On and RWE asset swap has edged closer after the former successfully completed a voluntary public takeover offer to minority shareholders of RWE’s innogy unit.
Energy regulator Ofgem has deferred its decision on the cost of equity range for energy networks in the forthcoming RIIO-2 framework until December, but has unveiled a raft of decisions as its new framework begins to take shape.
Ofgem has set out its plans to overhaul the charging arrangements of the UK energy system to allocate more costs to distributed generation to reflect the ongoing changes in the sector.