Search Results for "action/run_search/save_id/28228869"
Weekend press: Wind farms investigated after ‘overcharging customers by £100m’
…by £100m. Ofgem is to examine claims that renewable energy companies artificially inflated compensation payments given to them for switching off their turbines on windy days when the grid did…
Equity financeability and the long-term perspective
…have typically focused their assessment of equity financeability on ensuring that regulated companies can achieve the allowed return on equity. For example, Ofgem has identified the need for betas to…
‘Forever chemicals’ could be the next big scandal
…or intolerance of PFAS. For instance, Yorkshire Water’s core pathway assumes that future action on PFAS would be in the form of legislative restrictions on certain chemicals, but also notes…
What the Autumn statement holds for energy sector
…grid connections and costs are also “on the radar” of big business organisations like manufacturers body Make UK. Moves to accelerate grid planning could be accompanied by moves to compensate…
Bypassing impact assessment speeds up pipeline project
…2001, is prone to bursts, inundating local land with water and necessitating expensive repairs. Because of the faulty nature of the old pipe, water runs through it at a lower…
Steering Ofgem
…which Ofgem must have regard to. Of course, it’s not over until the fat lady sings and the Statement is laid in Parliament. We have got to the stage of…
Managing regulatory risk in B2B energy
…dissatisfied stakeholders who are written off as, “never being happy”. A key tenet of Ofgem’s role is to protect consumers, so stringent attention to customer satisfaction metrics, and timely complaint…
Eon boss reveals biggest challenges of 30-year career ahead of exit
…news for Lewis. “So I remember sitting there in the evening watching Boris Johnson at his lectern and announcing this and thinking, wow, I don’t even know how we run…
Union calls for net zero energy regulator to replace Ofgem
…of technical expertise for running the existing energy system and advising on future needs. Prospect also backs the introduction of a social tariff, offering targeted discounts for low income and…
National Grid seeks firms for £4.5bn Great Grid Upgrade work
…worth of network infrastructure upgrades by 2030. The project is being dubbed the “largest overhaul of the grid in generations”. Matt Staley, director of onshore delivery at National Grid, said:…
Union calls for urgent public inquiry into water sector
…Cliff Roney, GMB Congress delegate said: “We need the government to look at the wider picture for clean, safe water. This is not just about sewage pollution it is also…
Imports exceed nuclear generation for first time
…However, rather than providing “proactive investment in the future,” the report said that “the majority of UK spending has been in reaction to the recent energy crisis, providing enormous sums…
Anglian ordered to pull ‘misleading’ advert
…Severn Trent’s overall environmental performance did not contradict the impression of the ad. It said it did not consider Severn Trent’s “history of releasing sewage into the environment was material…
Scotland misses emissions target despite energy progress
…2019 emissions reduction legislation has been missed. The main contributors to the year-on-year rise in 2021 were a 1.1MtCO2e of increased emissions from domestic transport, which rebounded following 2020’s Covid…
Anglian fined £150k for pollution incident
…into the river. The Environment Agency said that the impact to the river was “limited to 660 metres” but added there were high levels of ammonia. “Dissolved oxygen was also…
£20m pipeline to boost water security in Essex
Essex and Suffolk Water has set out how it will connect two water treatment plants to improve resilience in the Essex region and ease abstraction pressures locally. A 19.5km pipeline…
No offshore wind in fifth CfD round
…projects came in £4/MWh below their limit at £198/MWh. In the run-up to the auction, critics had complained that the £227 million budget for annual subsidies, even with a late…
Widening CfD criteria may trigger ‘fundamental overhaul’
…analysis could be undertaken on the potential size of top-ups, which should be proportionate to the extra cost of undertaking a particular action. Changing the CfD bid ranking rules would…
Households to provide flexibility in Balancing Mechanism for first time
…for everyone to work to.” He said Flexitricity challenged the standard “as soon as we read it”. Martin said metering requirements, whether for operations or settlement, should be “commensurate with…
Ofgem ordered to redetermine Northern Powergrid ED2 spend
…sector based on efficient costs. A spokesperson for Northern Powergrid said: “We welcome the news from the CMA this morning. Once finally resolved, this will enable us to plug the…