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

Regulator rejoins Open Networks steering group

2 years ago

Weekend press round-up: United Utilities ‘retreating to its bunker’ amid shareholder AGM ban

2 years ago

SES Water shareholders to inject £22m into firm

SES Water’s shareholders have agreed to inject £22 million into the company to ensure its financial resilience. The equity investment is revealed within the company’s annual accounts which show revenue up to £67.4 million, however operating profits have dipped to £4.3 million.

2 years ago

Ofwat outlines possible C-Mex changes for PR24

2 years ago

Thames knock-on effect hurts listed water firms

2 years ago

Shapps has ‘moral duty’ to explain hydrogen stance

2 years ago

Bullen backs tech to control ‘unwise’ customer spending

2 years ago

Grid connection woes hold up over 1,000 shovel-ready projects

2 years ago

Sunak urged to back pumped hydro storage support

Rishi Sunak has been urged by renewables bodies to bring forward a government decision on support for pumped hydro projects for storing electricity. In a letter sent to the prime minister, the chief executives of Scottish Renewables and the British Hydropower Association (BHA) stress the need for accelerated delivery of an investment mechanism to support the deployment of long duration electricity storage (LLES).

2 years ago

Shapps overrules planning inspectors by approving giant wind farm

Grant Shapps has given the go ahead for the final phase of Orsted’s mammoth Hornsea offshore wind farm, despite planning inspectors warning that the scheme goes against wildlife protection regulations. The energy secretary has confirmed that a development consent order (DCO) has been granted for Hornsea Project Four, paving the way for construction to begin.

2 years ago

Kraken licensed to first-ever broadband provider

2 years ago

Water Industry Awards 2023 Winners’ Review

2 years ago

Demand concerns over industry bills reforms

Government proposals to remove green levies from energy intensive businesses could lead to an unintentional rise in peak time demand, Energy UK has warned. While generally supportive of the government’s Industry Supercharger proposals, Energy UK has called for an impact analysis to be carried out to “avoid unintended consequences”.

2 years ago

DWI backs tighter regulations to avoid complacency

2 years ago

Local wholesale pricing is ‘essential’, insists ESO

2 years ago

Looking back to the future

2 years ago

Thames top team denies bills will rise

The newly-installed leadership team at Thames Water has promised a parliamentary committee that customers will not face higher bills due to the company's financial troubles. The interim CEOs and new chair Sir Adrian Montague spoke out on nationalisation, the revolving door between regulator and regulated and the reasons for Sarah Bentley’s departure.

2 years ago

Government casts doubt on future of hydrogen village trials

2 years ago

Yorkshire Water pays out £235k over pollution incident

2 years ago

Unlimited fines for CSO spills confirmed

2 years ago

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