The governance of the UK’s energy industry is too complex and expensive and it presents barriers to new entry. It should be streamlined to cut 30 bodies to three: a ‘delivery body’, an industry codes body and an independent system operator (ISO).
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Ofgem has confirmed it plans to open “new, separable and high-value onshore electricity transmission assets” valued at more than £100 million to competitive tender.
Ofgem hopes to use an upcoming Significant Code Review on switching to trial a new approach to such reviews.
European energy market participants would have incurred sanctions over the past year for market manipulation if national regulators had had the required powers, a report from the EU’s Agency for the Cooperation of Energy Regulators (Acer) reveals
Energy networks are subject to “exemplary” regulation by Ofgem and few consumers want more information about how the detail of how they are funded and run, says Citizens Advice.
Ofgem has revised its assessment of a proposed new interconnector between the GB market and the Ireland/Northern Ireland Single Energy Market (SEM).
Ofgem has opened an investigation into five companies that were successful in National Grid’s first Capacity Market auction. The regulator is investigation whether the companies provided false or misleading planning information.
RWE NPower has been granted leave for a judicial review of Ofgem’s decision on how to change the charging structure for electricity transmission.
Northern Powergrid, which operates two distribution networks, and supplier British Gas, have both asked the Competition Appeals Authority for permission to appeal Ofgem’s ED1 price determination.
Regulator Ofgem has been pushing forward with changes in regulation designed to support the evolution of network operators from passive “wires” companies to active partners in network management. Its move from RPI-X regulation to RIIO – based on