Regulation

Editor's picks

Ofgem’s proposal to make energy suppliers repay surplus credit balances has received mixed reactions. Is the regulator cracking down on unsustainable business models or choosing short-term wins over a permanent fix for a broken market? Adam John asks what this latest crackdown says about the nature of regulation in energy retail.
Analysis
The “significant premium” National Grid has agreed to pay for Western Power Distribution could undermine the former’s argument that the cost of equity being offered by Ofgem in RIIO2 is too low, according to Investec senior analyst Martin Young. He shares his thoughts on the deal with Utility Week as well as his predictions for the sale of National Grid’s gas transmission arm.
News
The publication of the Competition and Market Authority(CMA)'s water redeterminations justify why a record four companies sought an appeal. With gains made on all sides Utility Week explores what has been won and lost.
Analysis

Featured

The principle of no customer being left behind in the shift to a smarter, more flexible energy system is hard to argue with. However, some experts believe that in the short-term a just transition is just impossible. As part of our Countdown to COP campaign, James Wallin examines different pathways to fairness – from ensuring the most vulnerable benefit first to the introduction of non-participant tariffs.
Analysis
Leading private investors in infrastructure are estimated to have at least $200 billion of “dry powder” available for deployment. However, for the UK to unlock this potential to power its decarbonisation push there is an urgent need for regulatory reform and political clarity, writes GIIA chief executive Lawrence Slade.
Opinion
As part of our Countdown to COP series, Utility Week speaks to Charles Tsai, chief executive of Power Assets Holdings, which together with sister company CKI Infrastructure owns Northern Gas Networks, UK Power Networks and Wales & West Utilities. He discusses the need for a clear investment mechanism to unleash the funding required to reach net zero and for the UK government to make commitments on decarbonisation of heat and transport.
News

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