News

Editor's picks

Locational electricity pricing could save £30 billion – or £1,000 per household – by 2035, according to a new study from Energy Systems Catapult and Octopus Energy. The report said the current market arrangements were designed for an energy system dominated by large, centralised generators and “no longer makes sense”, resulting in a “growing tension between the wholesale market and physical reality”.
News
Ofgem is pressing ahead with proposals to shorten the price cap period from six months to three to reduce the time lag between changes in wholesale energy prices and their reflection in the cap. The regulator said its minded-to decision, which is subject to consultation, would allow suppliers to more accurately predict how much energy they need to purchase, reducing the risk of further failures.
News
Ofgem has altered the parameters for its Market Stabilisation Charge – a temporary measure introduced in April to limit suppliers’ hedging losses if wholesale prices fall substantially – to make it stronger and more easily triggered. The regulator said the adjustments will make the charge “more robust” in the face of increased hedging risks following Russia’s invasion of Ukraine.
News

Latest in News

Energos Holdings has acquired waste to energy business BioGen Power. Both are now part of the Ener-g group.
News
Green energy firm Ecotricity generated more power in 2011 than the previous year the company said today, suggesting its onshore wind turbines had a load factor of about 27 per cent in 2011.
News
Denmark will take over the presidency of the European Union for six months in January and has signalled that it plans to pursue its national championing of renewables and energy investment at a European level. David Hayhurst reports
News
The bitterly cold winter of 2010/11 resulted in widespread pipe bursts and call centre chaos - and the first snows of this winter have arrived. So how prepared is the water sector for a big freeze? Megan Darby investigates
News
Gas network companies have warned the government that there is a "policy void" on the future for gas in domestic heating, as they prepare to commission a study looking at the costs and other implications of replacing gas with low-carbon electricity for domestic heating.
News
Close
Close

Request a call back