Regulation

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Supplier failures in 2021 could cost more than £2bn

Supplier failures in 2021 could cost more than £2bn

The costs to the rest of the retail sector of supplier failures in 2021 could reach more than £2 billion and push the price cap over £2,000 when it is reviewed, new analysis has suggested. NERA Economic Consulting broke down the costs into three main components that are likely to be recovered from remaining suppliers and passed on to consumers: wholesale energy costs, customer credit balances and Renewables Obligation shortfalls.

3 years ago

Ofgem acts… but has the horse already bolted?

3 years ago

Ofgem rebukes 20 suppliers for overstating renewable credentials

3 years ago

Temporary measures proposed to combat market volatility

3 years ago

Ofgem mulls radical shake-up of default tariffs  

3 years ago

Energy retailers to face financial stress tests

3 years ago

Don’t regulate away suppliers’ ability to compete

3 years ago

Ofgem consults on removing balancing fees from generators

3 years ago

‘Cap and floor’ pilot for multi-purpose interconnectors

3 years ago

BEIS and Ofgem outline reviews of networks’ storm responses

3 years ago

Ofgem ignored repeated warnings over Avro Energy

3 years ago

Temporary water retail price cap rise proposed

3 years ago

Track carbon from generator to consumer to stop greenwashing

3 years ago

Ofgem confirms record RO mutualisation of £218m

3 years ago

The ED2 business plans in numbers

3 years ago

EDF takes on Zog customers

3 years ago

Networks lift compensation cap for storm-hit customers

3 years ago

Ofgem confirms faster claims process for SoLR payments

3 years ago

Scottish Power becomes SoLR for Entice and Orbit Energy

3 years ago

National Grid and SPEN agree to pay £158m for two-year delay to Western Link

3 years ago

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