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Ofgem weighs up candidates for flexibility market facilitator

Ofgem weighs up candidates for flexibility market facilitator

Ofgem is weighing up which body should fulfil the market facilitator role proposed by the regulator in March as part of a wider package of local energy institutions that also included the creation of a series of regional energy planners. The regulator said the Future System Operator (FSO) and Elexon are both “capable and viable options” and it is therefore seeking views on the trade-offs between the two.

1 year ago

Thames names former Centrica boss as CEO

1 year ago

Another record high price expected in T-4 capacity auction

1 year ago

South West Water’s £125m desalination plants delayed

1 year ago

Proposals for more competitive water sector set out

1 year ago

Piclo unveils new flexibility platform

1 year ago

SSEN seeks new flexibility market platform

1 year ago

UK battery storage firm Statera snapped up by Swedes

1 year ago

Optimising frequency response

1 year ago

Ofgem throws weight behind locational pricing

1 year ago

Everflow management acquires majority stake

1 year ago

‘Watershed moment’ as aggregators granted access to wholesale market

1 year ago

Severn Trent first to reveal PR24 plan

In the first signal of how water companies are approaching investment plans for 2025-2030, Severn Trent has indicated it expects totex to more than double compared to the first half of the decade. The company gave a summary of its plans as it announced it is seeking £1 billion equity to fund a programme of river improvements, resilience and service. It has also revealed indicative views on bill rises and key performance commitments.

2 years ago

Locational power pricing would be ‘high risk for little reward’

2 years ago

Octopus invests in offshore wind developer

2 years ago

‘Sheer bloody mindedness’ to completely exorcise gas generation

2 years ago

New Balancing Reserve service to be fully open to smaller units

The Electricity System Operator (ESO) has reversed a decision that would have effectively ensured that a substantial portion of contracts for its proposed new Balancing Reserve service would be awarded to large gas plants. The body said its new position will fully open the market a wider pool of providers, including smaller and aggregated units.

2 years ago

SoLR payments to be extended after supplier pushback

2 years ago

Radical electricity market reforms ‘must be taken off the table’

2 years ago

Ofgem fines Morgan Stanley £5.4m for traders’ WhatsApp messages

2 years ago

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