Regulation

Ofgem to claw back £24m from Shell Energy

Financing doubts cast over water company business plans

Financing of water company plans for 2025-30 is reliant on huge sums of equity being put forward by investors at a time when returns are squeezed and the sector faces myriad performance challenges. For these reasons attracting the investment needed may be tougher than previous AMPs, analysts have warned.

Ofgem approves needs case for SSEN’s £600m grid upgrade

Proposal to cap interconnector trades rejected

Ofgem to review regulatory regime for independent DNOs

‘Traditional’ mindset slowing smart meter rollout

Scottish Power granted PPM warrants

Ofgem slams Utilita’s ‘ill-founded’ CMA appeal

New Ofgem chair: Low morale fuelling high turnover

Transmission credits could attract storage to areas with surplus power

Ofgem rejects smart meter data sharing proposal

Lords call for ‘single, powerful regulator’ for water sector

Customer service standards for retailers tightened

Thames: No dividends coming this decade

Shareholders in Thames Water are unlikely to see a dividend payment before 2030, interim co-chief executive Cathryn Ross has said. The former Ofwat boss also bemoaned a “backwards looking and risk averse” regulatory regime and a lack of co-ordination between the various bodies overseeing the sector.

PR24: SVT’s past performance key to AMP8

Severn Trent has set out its intention to remain an industry leader across performance commitments in the next asset management period (AMP8) as the cornerstone to its ambitious plan.