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Ofgem proposes additional bad debt allowance in PPM cap

…repaid by consumers, funds which are not are ultimately written off as bad debt. In a consultation published on Wednesday (28 June), Ofgem said it had seen evidence of what…

Ofgem CEO ‘frustrated’ with lack of pace on diversity

…energy. In response he said: “EDI is something that we’ve been talking about for over 20 years, not just in energy but across society and in other places…what’s frustrating is…

Regulator calms Thames collapse fears

…“has strong liquidity”. It comes in response to mounting media speculation that the water company is at risk of being placed into special administration. An Ofwat spokesperson said: “Over the…

Thames investors split on stumping up extra cash

…ready to invest the extra money,” the source said. “However, they are waiting on the Canadians to make their move. “While they haven’t ruled out extra investment they are currently…

O’Shea: Scrap standing charge to make bills fairer

…months. “So why don’t we simply get rid of this charge and roll the costs into the unit cost of the price cap instead, then those who more carefully manage…

Heat pump training grants to tackle skills shortage

…its Heat Training Grant scheme. It offers heating engineers £500 discounts for training at 60 approved training centres across England. Lord Callanan, minister for energy efficiency and green finance, said:

Ofwat: We should have stepped in sooner to tackle debt

…coming months. The committee asked why Ofwat had failed to intervene sooner, to which Black said it was necessary to go back to the early 2000s to identify when action

Ovo and EDF urged to waive ‘unfair’ exit fees

…now really they should be offering them a way out.” Sharing similar views is Jonathan Bean, a spokesperson for the Fuel Poverty Action group, who said not waiving fees “strengthens…

EA: Polluting water companies ‘will not or cannot change’

…up to £250,000 for offences. Reaction In response to the report, a Water UK spokesperson said: “Today’s results demonstrate the need to further accelerate improvements in environmental performance.” “We have…

DWI backs tighter regulations to avoid complacency

…and novel pollutants, which have impacted the ability of treatment works in England to treat and supply water. The report also calls on companies to assess catchment risks to identify…

Government signals caution on local wholesale power prices

…publishes the second consultation on its Review of Electricity Market Arrangements (REMA) this autumn. This exercise, which follows an initial consultation on last year’s wholesale market reforms, will identify lead…

Heidi Mottram: Single social tariff is a ‘no brainer’

…of the next price review. Yesterday (18 July) water minister Rebecca Pow said the government was looking at how to standardise support available between companies but said it was not…

Vattenfall halts offshore wind project due to surging costs

…senior modelling consultant Tom Edwards said a 40% cost increase would mean Vattenfall now needs a strike price of £52.29/MWh to maintain its margins. He said this “does not bode…

‘Not a single person in supply chain’ thinks UK will hit net zero targets

…UK is not going to meet its legally binding 2050 net zero target, and neither will Scotland meet its 2045 target”. It adds: “The reality calls for immediate action and…

British Gas record profits are ‘sign of a broken energy system’

…the news, Francis said: “These profits are a further sign of Britain’s broken energy system. “At a time when household energy debt is spiralling to record levels and energy bills…

Business water complaints fall to pre-market opening levels

…dissatisfaction. This is the first time since customers have had the choice to change water supplier that complaints have been at this level but CCW said it took far too…

Net zero tsar says Sunak on ‘wrong side of history’

…opportunity for the UK to lead the world” in developing these clusters at scale. However, the approach to North Sea oil and gas extraction provoked rebukes from both Labour and…

Water firms urged to step up emissions ambitions for PR24

…accreditation standards South West Water proposed a measure relating to embodied emissions, which Ofwat said was potentially suitable. It was however one of just seven bespoke targets the regulator said

Energy secretary to get national security veto over FSO

…not take, certain actions where there is a risk relating to national security that may detrimentally impact the resilience, safety or security of the energy system, or the continuity of…

Grid equipment and design should be standardised

…is possible to halve the typical delivery time for electricity transmission projects from 14 years currently down to seven. The ESC’s report says its recommended actions around standardisation and automation…