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Exclude weak firms from opened-up network, warns National Grid

National Grid has urged the government to ensure that opening up electricity networks to competition doesn’t result in a repeat of recently exposed failings in the retail market. It agrees that the introduction of competition for strategic higher value projects, worth more than £100 million, could help to drive innovation and cut costs. However, National Grid - which currently has a monopoly over the transmission network across England and Wales - has called for tough policing of potential entrants to the market.

2 years ago

O’Shea: Scrap standing charge to make bills fairer

2 years ago

Weekend press: Thames shareholders to inject £1bn

2 years ago

More than 1.5m customers could be on fixed tariffs above price cap

2 years ago

United Utilities workers vote to strike

2 years ago

Thames investors split on stumping up extra cash

2 years ago

Government rejects transmission planning proposals

2 years ago

Octopus completes Bulb migration of 1.5m customers

2 years ago

Time is running out for affordability plans

2 years ago

Scrap ‘revolutionary’ wholesale reform, renewables body urges

2 years ago

Anglian named water company of the year

2 years ago

Thames brings in industry heavyweight as chair

2 years ago

Ofgem cracks down on excessive generator profits

2 years ago

Renewables hit new record generation share

The share of UK electricity generated from renewable sources hit new record highs in the first quarter of this year while gas demand fell despite cool temperatures, new government statistics show. The amount of power imported over interconnectors also hit record highs during the start of the year, according to the latest quarterly edition of Energy Trends, published by the Department for Energy Security and Net Zero.

2 years ago

Regulator calms Thames collapse fears

2 years ago

Ofgem CEO ‘frustrated’ with lack of pace on diversity

2 years ago

Ofwat confirms tougher action on unwarranted bonuses

Ofwat has confirmed measures intended to block water company bosses from claiming unwarranted bonus payments. The regulator has confirmed plans to implement an end-of-period reconciliation mechanism which would allow it to adjust a company’s revenue allowance if it does not meet Ofwat’s expectations, particularly around financial and environmental objectives.

2 years ago

Major milestone for ESO’s Local Constraint Market

The first end-to-end transactions of flexibility services for the ESO’s Local Constraint Market have been heralded as a success. A “world-first” trial saw households in Scotland increase their energy consumption to keep wind turbines online. The trial, led by Piclo, saw customers paid to turn-up their low carbon flex assets including heat pumps, electric vehicle chargers and electric heating.

2 years ago

Northumbrian launches sector’s first open data strategy

2 years ago

Former regulators to share views with UW members

2 years ago