Strategy, policy & regulation

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Ofwat sets ‘very problematic’ revised PR24 schedule

Ofwat sets ‘very problematic’ revised PR24 schedule

Ofwat may not make its final rulings on water companies' £100 billion business plans until the end of January 2025, just two months before the next asset management period begins. Senior water company figures told Utility Week that the revised timetable is "very problematic" and "borderline ridiculous".

1 year ago

ESO may ‘snatch defeat from the jaws of victory’ over DFS penalty proposals

1 year ago

Labour promises ‘much tougher’ regulation of energy market

1 year ago

Ofgem to extend bad debt support provision in price cap

1 year ago

Let’s be pragmatic – not dogmatic – about the future of gas

1 year ago

Latest

How innovation can make water sexy

2 years ago

Ministers urged to announce winter support measures now

2 years ago

Tackling customer vulnerability should not be left to chance

2 years ago

SSE reports 29% renewables output shortfall

SSE’s renewable assets generated 29% less power than forecast during the first quarter of the financial year. In total, SSE’s renewable energy sources produced 624GWh. This represents a 5% shortfall on total planned output for the year. SSE attributes the drop in output to “dry and still weather patterns” during the three months until the end of June.

2 years ago

Fuel poverty is no longer a niche problem in UK

2 years ago

Heidi Mottram: Single social tariff is a ‘no brainer’

2 years ago

National Grid sells further 20% stake in National Gas

2 years ago

Academics flag interconnector capacity risks

2 years ago

Strategic Innovation Fund projects awarded £95.3m

Ofgem has awarded £95.3 million to 10 projects for the final phase of the inaugural round of its Strategic Innovation Fund. More than a third of the money – £33.3 million – will go towards a project led by National Gas Transmission to establish whether existing gas compression units on the transmission network can be adapted to work with 100% hydrogen.

2 years ago

Ofgem to review wholesale energy allowances in price cap

2 years ago

Water minister dodges social tariff and wet wipe commitments

2 years ago

South East pays out dividend and bonuses despite supply woes

South East Water has paid out a £9 million dividend and its chief executive has pocketed a six-figure bonus, despite a year of supply-related problems. The company’s annual results also reveal that the firm made a £74 million pre-tax loss, representing a £91 million swing compared to the £17 million profit recorded last year. Union bosses and consumer groups have questioned the appropriateness of the dividend and bonus payments, given the loss-making firm has also been blighted by performance issues.

2 years ago

Government signals caution on local wholesale power prices

The government has signalled that it doesn’t want reform of the wholesale electricity prices, such as by creating a patchwork of local markets, to undermine investment in renewables. Its response to the now defunct BEIS (business, energy and industrial strategy) committee’s report on decarbonisation of the power sector, confirms that the government wants to significantly narrow the options when it publishes the second consultation on its Review of Electricity Market Arrangements (REMA) this autumn.

2 years ago

Portsmouth Water officially takes on Kraken platform

2 years ago

Shortlist revealed for biggest ever offshore transmission contracts

Four bidders have been shortlisted by Ofgem for the UK’s biggest ever offshore transmission tender round. All four bidders will be able to bid for the three offshore transmission assets of Dogger Bank A Offshore Wind Farm, Neart na Gaiothe Offshore Wind Farm and Moray Offshore Wind Farm (West), estimated to be worth a combined total of around £2 billion.

2 years ago

New funding to cut UK nuclear fleet’s reliance on Russian fuel

Grant Shapps has announced the launch of the government’s mini-atomic reactor competition while unveiling funding for projects designed to reduce the UK’s reliance on Russia for nuclear fuels. The secretary of state for energy security and net zero said the UK is seeing the “first brush strokes of our nuclear power renaissance” with the opening of the government’s new agency Great British Nuclear (GBN).

2 years ago

‘Final piece in the jigsaw’: Orkney link gets green light

2 years ago

Ex British Gas CEO: Be bold to help vulnerable customers

2 years ago

Ofgem consultants spend rises amid high staff turnover

2 years ago

Ministers urged to give fuel poor £1k this winter

2 years ago

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