Energy networks

Latest

DNOs get green light for £22.2bn of investment over ED2

Ofgem has given upfront approval to £22.2 billion of investment by electricity distribution networks over the five-year RIIO ED2 price controls beginning in April next year. The regulator has reduced its assessment of the net benefits to consumers from £1.3 billion to £428 million as a result of changing market conditions, specifically the recent rise in interest rates, which affected both the cost of capital and totex allowances. Utility Week looks at how Ofgem has shifted its thinking and the impact on each company.

2 years ago

SSE sells 25% transmission stake for almost £1.5bn

2 years ago

Energy minister: Upgrading power grid is my top priority

2 years ago

ESO awards stability contracts worth £1.3bn

2 years ago

SSE warns 2035 target to phase out gas power may be missed

2 years ago

Smart on-street charging could save £4.1bn per year by 2030

2 years ago

Ofgem approves arrangements for H100 Fife hydrogen trial

2 years ago

Regen opposes calls for locational power pricing

2 years ago

SSE sees profits double led by gas storage and generation

2 years ago

Zenobe begins building 1GW of giant batteries

2 years ago

Weekend press round-up: Court delays Bulb sale to Octopus as rivals object

In our latest review of sector coverage in the national media, the sale of Bulb to Octopus Energy has been delayed after rivals alleged that the "secretive" deal could be unlawful. There is also renewed speculation about an extension of the windfall tax on oil and gas companies in this week’s autumn statement and an analysis of the generational impacts of rising energy bills.

2 years ago