Regulation

Latest

CMA narrows gap with Ofwat on cost of capital

The CMA has set the cost of capital for the four water companies that rejected their price review last February. The new figure of 3.2 per cent is closer to Ofwat’s final determinations than the CMA's provisional findings in September.

4 years ago

Ofgem proposes £1.4bn credit balance overhaul

Energy retailers could soon be required to automatically refund surplus consumer credit balances as part of a regulatory clampdown on unsustainable business practices. According to research by Ofgem £1.4 billion was held in surplus credit balances in October 2018.

4 years ago

Integrated North Sea power grid could save up to £70bn

4 years ago

Water efficiency will be central to PR24

4 years ago

Ofgem considers further Covid adjustments for price cap

Ofgem is again considering whether to adjust the default tariff cap to allow suppliers to recover costs due to the impact of Covid-19.

4 years ago

RIIO2 appeals present headache for CMA

All eight of the gas and transmission networks are appealing Ofgem’s final determinations for RIIO2. But, what arguments have they put forward and what are their chances of success? Former Ofgem executive Maxine Frerk summarises the points raised and the challenges they pose for the Competition & Markets Authority (CMA).

4 years ago

Cost of capital for ED2 revealed

4 years ago

EV tariff bundles present confusing picture for consumers

Electric vehicle (EV) tariff bundles being offered by energy retailers are complicated and difficult to compare, a new Citizens Advice report has concluded. The consumer charity said this could result in them choosing tariffs unsuitable for their needs.

4 years ago

No time to waste on securing net zero investment

4 years ago

Energy market needs ‘level playing field’ to help vulnerable

4 years ago

No cranes without drains

4 years ago

Major utilities backer warns Ofgem ‘investments must be profitable’

4 years ago

Smart meter complaints ‘significantly increased’ in Q4

4 years ago

Fairness in utilities: The implications of public purpose

4 years ago

‘Flexibility is a win for everyone’

Sotiris Georgiopoulos, head of smart grid development at UK Power Networks, talks to Utility Week about his new role as chair of the Energy Networks Association’s Open Networks project – what has been achieved so far and what more there is to do.

4 years ago

Ofwat proposes raising price cap

With the level of bad debt anticipated to exceed 2 per cent for the water retail sector, Ofwat has begun consulting on the most appropriate ways to share the costs. The regulator has proposed raising the price cap and sharing debt between customers from 2022

4 years ago

RIIO2 appeals sought by all transmission and gas distribution networks

4 years ago

Consortium awarded grid link licence for Hornsea One after record investment

Ofgem has awarded a licence for the grid link to offshore windfarm Hornsea One after securing a record £1.2 billion investment. The Mitsubishi Corporation-led consortium Diamond Transmission Partners was selected by Ofgem to own and operate the offshore transmission system linking the windfarm to the British mainland.

4 years ago

Yorkshire proposes regulatory revolution

Yorkshire Water has published ideas for investment and regulatory reform to allow the sector to be more flexible in its PR24 business plans and rise to the challenges of climate change and population growth. Utility Week discusses the company's proposal with its director of corporate affairs, Richard Emmott.

4 years ago

Latest on RIIO2 appeals

4 years ago