Conventional generation

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Ofgem outlines potential options for net zero reforms

Ofgem outlines potential options for net zero reforms

Ofgem has set out a range of potential reforms to reduce Britain’s reliance on expensive imported gas and accelerate the decarbonisation of the energy system. In a new discussion paper, Ofgem said the current market, regulatory and institutional arrangements are not geared up to run a net zero energy system in the most cost-effective way and said the changes outlined in the document could save consumers up to £10 billion per year by 2050.

2 years ago

Latest CfDs would pay back £7bn per year at current prices

2 years ago

ESO says £54bn required to upgrade grid for offshore wind

2 years ago

Drax delays closure of last coal units by six months

2 years ago

Energy Bill gives CMA powers to review network mergers

2 years ago

Wholesale market reform vital to meet 2035 green grid goal

2 years ago

SSE and Equinor to purchase Triton Power for £341m

2 years ago

Government hails successful renegotiation of energy treaty

2 years ago

Treasury defends lack of detail on windfall levy

2 years ago

BEIS seeks to improve Capacity Market liquidity

2 years ago

Windfall tax on generators risks supplier failures

2 years ago

Wind curtailment costs hit record high in 2021

2 years ago

Sunak eyes Irish-style energy efficiency one-stop shops

2 years ago

Weekend press round-up: Generators express concerns over windfall tax

In the latest round-up of the weekend papers, generators express concerns over the government’s plans to levy a windfall tax on energy companies, ministers are reported to be considering financial aid for steelmakers struggling with rising energy prices and Octopus Energy partners with a house builder to offer energy self-sufficient homes with no annual bills.

2 years ago

Ofgem reacts to High Court ruling on transmission charges

2 years ago

Wholesale electricity market is ‘no longer fit for purpose’

2 years ago

Minister says gas use may still be 25% of current level in 2050

2 years ago

Locational electricity pricing could save £30bn by 2035

3 years ago

Ofgem overhauls Capacity Market rule change process

3 years ago

50GW of flexibility needed by 2030 to soak up surplus power

3 years ago

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