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Half-hourly settlement deadline pushed back by more than a year

Half-hourly settlement deadline pushed back by more than a year

Ofgem has pushed back the primary completion deadline for the market-wide half-hourly settlement programme by more than a year from October 2025 to December 2026. The decision comes after the programme managers warned that the prior transitional timeline has been viewed as “unrealistic and unachievable” since mid-2022 and “lacks widespread buy-in” among industry participants.

2 years ago

Capacity market penalty hike put on back burner

The introduction of stiffer penalties for companies which fail to honour their capacity market (CM) obligations will be pushed back beyond next year’s auction, the government has revealed. The government has previously proposed fining companies a quarter of the £/MW hour clearing price if they fail to meet their CM obligations when called on at times of system stress.

2 years ago

Extending overflow monitoring requirements could cost £4bn

2 years ago

UK’s offshore wind pipeline nears 100GW

2 years ago

ESO fires up two coal units to deal with heatwave demand

2 years ago

Weekend press: Hot weather piles pressure on water companies

2 years ago

Imports exceed nuclear generation for first time

2 years ago

Smart meters have bigger consumption impact than anticipated

2 years ago

Government defends slow pace of wholesale market reform

The networks minister has defended the government’s slow progress on its Review of Electricity Market Arrangements (Rema) stressing that rushing through reforms would have a “negative impact” on the sector. The radical reforms of the wholesale market include proposals to decouple electricity prices from those of gas and introduce localised pricing.

2 years ago

Hydrogen blending is a ‘costly distraction’

2 years ago

Ofwat and Defra face legal action over sewage spills

2 years ago

Two firms fined for impersonating National Grid

Two energy firms have been hit with six figures fines for making unlawful marketing calls while falsely claiming to represent other organisations including National Grid and the government.  The Information Commissioner’s Office (ICO) has fined the two companies a total of £250,000 for “bombarding” people and businesses on the UK’s “do not call” register with unlawful marketing calls.

2 years ago

Price floor introduced for energy profits levy

2 years ago

Unspent EBSS money should be used to end standard credit premium

2 years ago

Kwarteng: Generation levy should fund low carbon schemes

2 years ago

Suppliers face legal action over ‘hidden’ broker fees

2 years ago

Alternatives being drawn up to replace hydrogen levy

2 years ago

Water companies to be legally obliged to share data

2 years ago

Retailers urged to make energy bills clearer

2 years ago

Networks could supplement suppliers’ smart meter rollout

2 years ago

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