News

Latest

Price cap forecast to hit £4,200 following Ofgem update

Price cap forecast to hit £4,200 following Ofgem update

Allowing suppliers to recover additional costs due to the energy crisis could result in the price cap increasing to more than £4,200, an industry analyst has predicted. Martin Young of Investec issued the forecast following Ofgem’s announcement it would update the price cap methodology to include an allowance for backwardation costs, which suppliers will recover over a six-month period.

3 years ago

Cleaning up rivers prioritised over bill cuts, survey suggests

3 years ago

Suppliers allowed to recoup additional wholesale costs

3 years ago

Ofgem confirms move to quarterly price cap

3 years ago

BEIS allocates £37m to bioenergy innovation projects

3 years ago

On the move: British Water, CCC, Ofgem

3 years ago

South East Water to impose hosepipe ban

3 years ago

NEA already seeing winter demand levels for services

3 years ago

Ofgem reveals members of Capacity Market Advisory Group

3 years ago

Octopus looks to repower up to 1,000 wind turbines

3 years ago

TPIs promoted ‘flawed’ and ‘unsustainable’ suppliers

3 years ago

Charities seek assurances over treatment of indebted customers

3 years ago

Investor concerns remain over regulation of water

3 years ago

ENA consults on improvements to flexibility markets

3 years ago

Government launches home energy MOT website

3 years ago

Weekend press round-up: Octopus seeks £1bn of government funding for Bulb takeover

In the latest round-up of the weekend’s papers, Octopus Energy seeks £1 billion of government funding as part of its takeover offer for Bulb and National Infrastructure Commission chair Sir John Armitt calls for compulsory water metering by the end of the decade to head off droughts.

3 years ago

SSEN appoints Peacock for asset management cloud migration

3 years ago

‘Significant momentum’ behind social energy tariff

3 years ago

Southern imposes first hosepipe ban in a decade

3 years ago

Government confirms details of £400 electricity discount

3 years ago

Load More