Regulation

Latest

Time to unwind Ofgem’s unhelpful interventions

Following a warning from Ofgem’s chief executive Jonathan Brearley that the regulator will clamp down on energy firms making excess profit, Utilita chief executive Bill Bullen outlines his frustrations with the impact the price cap is having on the market.

2 years ago

Water firms urged to step up emissions ambitions for PR24

2 years ago

Ofgem rules out rollover for gas price controls

2 years ago

Black urges water companies to explore financing models

2 years ago

Lack of compensation for PPM ban ‘disappointing’

Energy UK has criticised Ofgem for not yet introducing a compensation mechanism for suppliers to recover debt accumulated from the ban on forced prepayment meter (PPM) installations. The trade association says that it is “disappointing that a process for suppliers to recover bad debt […] is yet to be put in place”, within its response to Ofgem’s consultation on involuntary PPM installs. Energy UK warns against proposals to broaden the scope of the ‘Do Not Install’ (DNI) category to include households including those aged over 85 or under five.

2 years ago

Ofwat to redefine vulnerability

Ofwat is re-examining water companies approaches to vulnerability and supporting customers facing financial difficulties. It called for input from stakeholders on whether definitions of vulnerability have changed in the past five years. It praised the more than 200 separate schemes companies have in place to support billpayers but urged a softer approach to dealing with those in debt.

2 years ago

Coffey slammed for lack of meetings with water bosses

2 years ago

O’Shea backs Ofgem’s financial resilience plans as ‘very good start’

2 years ago

Minimum capital requirements confirmed for energy retailers

2 years ago

Ofgem calls for more regulatory powers

2 years ago

Industry backs green tariff reform

2 years ago

Ofgem criticised for handling of SSE investigation

2 years ago

Weekend Press: British Gas poised for record profits

2 years ago

Ross apologises to appointments watchdog

2 years ago

Sending the right signals

2 years ago

Reforms for Ofgem and Ofwat laid out

2 years ago

Outfox pays out £1.8m over regulatory failings

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

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