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

Just two turbines installed in England last year

3 years ago

Weekend press round-up: Energy groups told to submit support plans for PPM victims

Our latest review of sector coverage in national media includes further fallout from the scandal over forced prepayment meter installations by contractors employed by British Gas. Meanwhile, there is speculation about the next steps for energy bills support and potential bidders in the upcoming Capacity Market auction.

3 years ago

Ofgem direct debit clampdown finds 99.6% set correctly

3 years ago

UK risks being left behind on green investment, Hunt warned

The UK can no longer "take for granted" its competitive advantage as a destination for low-carbon energy investment because of the incentives on offer in other parts of the world, the industry has warned Jeremy Hunt. In a letter to the chancellor of the exchequer, submitted ahead of next month’s Budget four leading trade associations have banded together to express concern that the government lacks a clear plan to continue attracting clean energy investment into the UK.

3 years ago

Bristol merger with South West completes

3 years ago

Ofgem extends Market Stabilisation Charge again

3 years ago

Radical reform could be a stabilising force for energy retail

3 years ago

On the Move: SVT, Thames, RenewableUK

Our latest roundup of industry appointments includes Severn Trent's chief financial officer's plan to retire. James Bowling will be succeeded by Helen Miles making the company the first in the FTSE100 to have all-female CEO, CFO and chair. Elsewhere RenewableUK's deputy chief executive steps down and Yorkshire's innovation manager is to head Thames' smart networks.

3 years ago

A dark day for energy

The explosive accusations about the behaviour of British Gas contractors and Ofgem’s damning review of customer service standards across the retail sector, contrasted with Shell’s admission of eye-watering profits, made for a dismal day for energy. Utility Week editor James Wallin discusses what this means for the industry’s long-term reputation, the debate over prepayment (PPM) meter customers and the role of regulation.

3 years ago

Bevan: Budget cuts limit enforcement

3 years ago

Suppliers pause forced PPM installs following British Gas scandal

3 years ago

Campaigning MP slams ‘unchecked, systemic PPM abuses’

3 years ago

Eon warned over ‘severe deterioration’ in call wait times

3 years ago

O’Shea expresses ‘horror’ at PPM revelations

3 years ago

Shell reports record £32.3bn profit

3 years ago

Ofgem caution over extending business customers remit

3 years ago

National Grid: Regulation prevents us speeding up connections

3 years ago

Water bills rise below inflation

Water bills are set to rise in April by the single biggest jump since 2005 but companies have kept the increases below inflation. Ofwat has praised the support extended to struggling householders but urged the sector to "double down" on efforts to help more billpayers facing hardship.

3 years ago

Energy retail being ‘micromanaged’ by BEIS and Ofgem

3 years ago

Octopus chief: ‘We could have made a profit’

3 years ago

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