Regulation

Editor's picks

Ofgem’s former chief executive has said the regulator needs statutory guidance on how its core objectives should reflect the net-zero journey before it assesses DNOs’ business plans for the next five years. Speaking to Utility Week, Dermot Nolan also expressed regrets about Ofgem’s approach to the energy retail market and why it was “painful” to see what had happened to the price cap.
News
Ofgem has revealed the final amount of charges that have been deferred by network companies over a three-month period in response to Covid-19. In June three schemes were announced which allowed networks to put off up to £350 million worth of charges relating to gas transportation, electricity distribution and electricity transmission as a last resort. The schemes have now closed.
News

Featured

The Competition & Markets Authority’s decision to overturn Ofwat’s stance on the cost of capital in the PR19 price control was an unexpected and significant intervention. James Wallin examines how the regulator is likely to respond, what it means for the price controls in energy and whether the water companies that accepted their final determinations really will take this lying down.
Analysis
In her latest exclusive column for Utility Week members, former Ofgem executive Maxine Frerk gives her view on the CMA appeals in the water sector. She examines what impact this is likely to have on RIIO2 and highlights areas of the CMA’s response that energy networks may want to study.
Opinion
Ofgem’s proposals to drive higher standards among energy suppliers and increase support for customers draw inspiration from a similar approach by the Financial Conduct Authority. Huntswood’s Alex Prentice looks at how the financial services sector has adapted and what lessons there are for utilities.
Opinion

Latest in Regulation

Amid criticism that the energy networks are making billions in “unjustified profits”, regulator Ofgem has warned that its next price review period – RIIO2 – will be tougher. But how low will the cost of capital go?
Analysis
Consumers will end up footing the bill for emergency rescue measures should one of our major energy players fail, says Sarah Donald
Opinion
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