Regulation

Editor's picks

The Competition & Markets Authority (CMA) will publish a summary of its responses to the eight appeals against the RIIO2 price controls for gas and transmission networks next week. The appeals centre around the cost of capital and the outperformance wedge.
News
The institutional reforms to the energy industry recently proposed by the government and Ofgem represent “unfinished business,” an influential academic has argued. Catherine Mitchell, professor of energy policy at the University of Exeter, described the proposals as “tantalising” and stated: “It’s really irritating that they just have not gone that extra step.”
News
Ofwat has confirmed its decision to temporarily increase the maximum prices business retailers are permitted to charge as a result of increased levels of bad debt. Under the regulator's plans, where bad costs across the market exceed 2 per cent of revenue, retailers will bear 25 per cent of the costs, with the rest passed on to customers.
News

Featured

The Competition & Markets Authority (CMA) is due to deliver its preliminary judgement on the appeals against Ofgem’s RIIO2 price controls next month. In her latest column exclusively for Utility Week members, Maxine Frerk examines what we can learn from the arguments put forward so far.
Opinion
Energy suppliers representing 90 per cent of domestic customers have signed up to fresh commitments to support those worried about paying bills this winter. Energy UK deputy chief executive Audrey Gallacher looks at what else the sector is doing to help struggling billpayers.
Opinion
As part of our Countdown to COP focus on the future of regulation, the National Infrastructure Commission’s Giles Stevens gives his view on why overhauling the regulatory process is essential for meeting the net-zero target.
Opinion

Latest in Regulation

The Institute for Public Policy Research has called for a national advertising campaign to raise awareness of energy efficiency upgrades and low-carbon heating systems as part of a comprehensive programme to decarbonise domestic heating. The think tank said it should seek to imitate the ‘Tell Sid’ campaign encouraging the public to invest in privatised gas shares in the 1980s.
News
Drax has submitted a modification to the Balancing and Settlement Code that would allow companies within the same corporate group to aggregate their credit cover for energy indebtedness. The proposal document said this would relieve them from having to lodge excessive credit cover, lowering costs for themselves and their customers.
News
Gas-only retailer, Daligas, has confirmed it is ceasing to trade, blaming “the unprecedented energy market conditions, the record high wholesale prices and the current energy cap". A total of almost 2.4 million customers have now seen their energy supplier exit the market in 2021.
News
The Environment Agency's third climate adaptation report to government carries the stark message to "adapt or die". It said urgent action was required to help communities and industries live with the effects of climate change and this should be given as much focus as reducing emissions.
News
Renewable UK has petitioned the government to double the capacity of onshore wind generation in the country to 30GW by 2030. As one of the cheapest forms of generation available in the UK, the association said this would reduce energy bills by £16.3 billion over the course of the decade – an annual saving of £25 per household – and ensure net zero emissions are achieved at the lowest cost.
News
Ofwat has said it won't yet make adjustments to outcome delivery incentives that may have been impacted due to Covid-19 and lockdowns. The regulator set out the draft in-period payments for each company but said there is not yet sufficient information to make an in-the-round decision about how performance has been hindered.
News
Opening up networks to competition could delay the construction of infrastructure required to deliver net zero emissions, industry figures have argued. Giving evidence to the House of Lords Industry and Regulators Committee as part of its inquiry into Ofgem and net zero, Cadent director of regulation and strategy Tony Ballance said competition for the delivery of network infrastructure should not be introduced on a blanket basis.   
News
Severn Trent led a bid in the Ofwat Breakthrough Challenge to rollout monitoring equipment to wastewater treatment plants to better understand the scale and distribution of greenhouse gases emitted through treatment processes. Despite not being successful, the company is charging ahead with its own monitoring including using drones to measure methane and find opportunities for optimisation
Analysis
Two energy suppliers are understood to have blocked at least 1,600 switches from Omni Energy after the small supplier confirmed it was seeking to offload customers. Supplier licence conditions stipulate that retailers cannot switch consumers without their consent, unless the supplier sells some or all of its customer book to another as part of a trade sale.
News
Prepayment meter (PPM) customers without a smart meter may be left without power following the supplier of last resort (SoLR) process due to compatibility issues, a charity has warned. Peter Smith, director of policy and advocacy at National Energy Action (NEA), was responding to concerns raised by PPM specialist Omni Energy about the impact of the SoLR process on PPM customers.
News
Jonathan Brearley has warned that Ofgem is on the lookout for “sharp and unethical practices” by suppliers under strain from rising wholesale gas prices. In a keynote speech at Energy UK’s annual conference on Thursday morning (7 October), the regulator’s chief executive said Ofgem will be “examining the behaviour of companies impacted by the gas price change”.
News
The MP who led the charge for the energy price cap has called for further reform of the mechanism to tackle the so-called loyalty penalty. John Penrose wants Ofgem to restructure the cap so that energy suppliers can’t charge existing customers more than new ones. He also suggested implementing an “emergency circuit-breaker”, allowing the regulator to intervene if prices suddenly rise or fall significantly.
News
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