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 Ofwat director heading up PR24 has urged water companies to put forward bold solutions in the next price control but emphasised these must be set in a long-term context. Aileen Armstrong, senior director at the regulator, stressed the need to look beyond heavy infrastructure as the answer to all problems but accepted that this would come at a cost. She said she expected companies to look at spreading these costs over current and future generations.
News
The need to adopt methane strategies is an under-explored area of net-zero policy but there are still important steps that can be taken by the government and Ofgem. Maxine Frerk delves into the issue in her latest column for Utility Week.
Opinion
Ofgem has approved a modification to the Balancing and Settlement Code (BSC) to bring in new settlement arrangements for virtual lead parties to ensure they are correctly compensated for delivering balancing services. P376 will introduce a new optional process for establishing the baseline level of generation or demand at a site which can then be used to calculate the amount of deviation delivered by a virtual lead party when instructed to change its output by National Grid Electricity System Operator.
News
A return of interest rates to historically more normal levels would “substantially” increase the cost of the transition to net zero, the chief economist of the National Infrastructure Commission has warned Giving evidence to the House of Lords Industry and Regulators Committee, James Richardson said the future trajectory of interest rates is a “key uncertainty” surrounding the UK’s ability to meet its 2050 carbon reduction goal.
News
Thames Water has received provisional approval from Ofwat for an extra investment of £600 million during AMP7 to increase resilience in London with leakage and pipework improvements. Shareholders will pay half the costs as a condition for the scheme being approved.
News
Transmission cables should be buried rather than carried on unsightly pylons through national parks and Areas of Outstanding Natural Beauty (AONB), the government has said in its new draft energy national policy statement (NPS). 
News
The Competition and Markets Authority’s (CMA) provisional ruling on the RIIO2 appeals represented a “victory” for Ofgem, according to industry experts. However, the appellants are unlikely to give up without a fight. Tom Grimwood asks whether they can expect any movement from the CMA in its final determination and what the future holds for the “outperformance wedge”.
Analysis
Ofgem has confirmed that two more energy suppliers have ceased trading, taking the total number of supplier failures so far this year up to five. This is the second double supplier failure announcement so far this year.
News
Regulations on treating effluent from wastewater works before discharging have been relaxed after chemical supplies were impacted by Brexit and Covid. The Environment Agency has accepted that some companies may be unable to comply with current permits because they are struggling to get access to ferric sulphate.
News
Ofgem has set out its priorities for maximising the benefits to consumers, the environment and the wider energy system from the rollout of electric vehicles (EVs). These include ensuring there is sufficient network capacity to the support the rollout of EVs, making it easier to connect to the grid and supporting the development and uptake of smart and vehicle-to-grid charging
News
The Health and Safety Executive has announced its intention to prosecute Drax Power for failing to properly control the exposure of its workers to wood dust from the biomass pellets used as fuel at its power station Selby. The regulator said the prosecution follows an investigation that was initiated after it was officially notified of five Drax employees being exposed to the wood dust, with the first notification being received in October 2015.
News
The 2024 price controls can play a critical role in enabling wastewater companies to monitor and manage process emissions from wastewater treatment works, which Wessex Water's head of sustainability said cannot be delayed if the country is to meet its carbon targets.
News
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