In 2013, in its first report on the Levy Control Framework (LCF), the National Audit Office said the government must make sure it had “robust arrangements to monitor, control and report on all consumer-funded spending” and extend that control to o
National Grid has placed too much weight on its ‘Gone Green’ Future Energy Scenario in the way it proposes to assess where the electricity network requires immediate reinforcement, regulator Ofgem has said.
UK industrial and commercial (I&C) businesses may be able to provide up to 3GW of demand reduction and 1.9GW of demand turn-up to help meet the need for flexibility and balance electricity supply and demand, according to research by regulator
The estimate for the construction cost of a new electricity link between GB and Norway has been reduced.
SSE has agreed to sell a 16.7% equity stake in SGN to wholly owned subsidiaries of the Abu Dhabi Investment Authority (ADIA) for £621 million, based on an effective economic date of 1 April 2016.
On 10 October, Ofgem started the fifth tender round for offshore transmission owners (OFTOs), where companies will bid to become owners of five transmission links to offshore windfarms.
Ofgem has announced a shortlist of five bidders to own and run the £230 million Burbo Bank transmission link. The shortlisted consortia are:
Energy regulator Ofgem has refined its ‘supplier of last resort’ arrangements – which take effect when an energy company fails – so that customers who are in credit with the failed supplier are less likely to lose their cash.
A new energy switching service that automatically switches users to the cheapest available tariff, while constantly checking that they are on the best deal, has launched in the UK.
Tidal Energy Ltd has gone into administration. Administrators from Begbies Traynor were appointed on 17 October and told the BBC that “key staff have been retained” to continue TEL’s operations while a buyer is sought.