Regulation

Six Avro bosses were paid £250k per month

Ofgem records 16% increase in FIT scheme failings

Time for retailers to step back from the smart meter rollout?

Ofgem pledges action on ‘moral hazard’ of energy retail

Drive to encourage new suppliers created ‘illusion of competition’

Scottish Power blasts BEIS for focus on switching as energy crisis brewed

The government’s focus last summer on encouraging opt ‘in’ and ‘out’ switching when the energy price crisis was brewing indicates a regulatory failing "years in the making", according to Scottish Power. The retailer also said the spate of insolvencies in 2021 had been "entirely predictable" due to the entry into the market of so many companies with "ill-thought-out loss leading strategies" and poor financial resilience.

Lessons from the Northern Ireland energy price crisis

Ofgem reviews regulation of ancillary service assets

Defra names preferred candidate for Ofwat chair

EDF considers 20-year life extension for Sizewell B

Energy customer service ratings worst in five years

Ofgem told to fund grid upgrades ahead of need

Ofwat considers extending innovation competition

Ofwat has proposed changing the rules for entries to its innovation to open it up to more sectors by removing the need to partner with a water company and allowing background IP to be licensed. The competition was originally intended to run to 2025 but the regulator said this could be extended.

Kwarteng approves 50MW solar farm in Lincolnshire

Future System Operator duties will prevent electricity ‘bias’

The statutory duties of the Future System Operator (FSO) will contain "clear whole systems expectations" to mitigate the risk of a "bias" towards electricity, the government and Ofgem have said in their joint response to a consultation on its functions and powers. The new body will absorb both National Grid Electricity System Operator and parts of the system operator for gas.