Ofgem’s ’decade of lax oversight’ leaves consumers on hook for billions, Citizens Advice charges
Britain's energy regulator failed to act against unfit energy suppliers for nearly a decade, leaving the market vulnerable to this year’s spike in wholesale...
“Scrap the price cap”, urges Scottish Power’s boss
The boss of a major UK energy generator-retailer has called for the scrapping of Ofgem’s price cap on domestic power bills.
Interviewed by the BBC,...
Citizens Advice: Millions left in dark, as 1 pre-payment meter is cut off every...
3.2 million clients on pre-payment meters saw their power supply terminated last year, equivalent to one disconnection every ten seconds, new research by Britain’s...
Price cap drops to £1,923 from October: Bills still £200 higher than pre-Covid
Ofgem has confirmed its dual fuel retail price cap for average domestic bills will drop below £2,000 in 2023’s final quarter, even though large...
Energy Security bill: stakeholders offer reaction
Industry observers have reacted to the government’s new energy security bill.
As the lame-duck Johnson administration enters its supposedly final weeks, the bill aims to...
Regulator probes transcos’ and DNOs’ Storm Arwen response
Ofgem today announced a review of transmission and distribution networks’ responses to Storm Arwen, as thousands of homes awaited reconnection after seven days of...
Hurried market reform risks spooked investors and dearer power, Cornwall Insight warns
Too hasty reform of Britain’s £ multi-billion electricity market could deter investors, leading to higher bills, energy analysts Cornwall Insight have advised.
Whitehall is committed...
CRISIS: Every quarter given: Ofgem doubles frequency of price cap review
Ofgem today committed itself to three-monthly reviews of the default retail price cap, doubling their half-yearly frequency. The move will take effect after the...
”Another government green flop”: EUA lambasts ministers on Boiler Upgrade Scheme
Poor performance figures for numbers of heat pump installations achieved under the government’s subsidised Boiler Upgrade Scheme have drawn scathing criticism from trade body...
Speed up Britain’s drive to Net Zero, Tory ex-minister Skidmore urges
Green investors have welcomed a far-ranging acceleration of Britain’s Net Zero ambitions, advocated by Conservative MP Chris Skidmore.
The former energy minister was asked by...
Quarterly price caps from Ofgem open door to more frequent tariff changes
The retail price cap supposedly limiting bills for an estimated 24 million domestic customers will be revised quarterly, and no longer every six months,...
Ofgem’s five elements to reform the Price Cap
Britain’s power regulator this morning opened as promised a month of consultations on how to overhaul the retail price cap, after weeks of its...
Energy security bill delayed, minister confirms
Britain’s first energy security bill for nearly ten years is undergoing a Whitehall re-think, a government minister has gone on record to confirm.
Now in...
Ofgem frees up £27 million to charities fighting fuel poverty
Energy regulator Ofgem is offering £27 million to fuel poverty campaigners & energy co-operatives in a bid to assist vulnerable homes caught in the...
Ofgem needs legal mandate to drive Net Zero, ENA & Green Alliance tell Shapps
Britain’s energy regulator needs an explicit mandate from lawmakers so it can be the UK’s centre for achieving Net Zero, leading energy & environmental...
DNOs react to Ofgem’s RIIO-ED2 direction
Regional network monopolies are girding their loins for the last leg of negotiations with Britain’s power regulator, before it binds them in December to...
Brearley calls for two-tier plan to speed grid connections
Waits of a decade and more to link new wind and solar farms into transmission grids present the biggest risk to the UK missing...
Local energy systems need radical system overhaul, says Ofgem
Ofgem is seeking consumers’ & suppliers’ views on next steps needed to embed a more decentralised, decarbonised and dynamic energy system for the UK.
It...
Ofgem shortlists 4 connection competitors to link offshore wind
Ofgem has shortlisted four potential operators for its next OFTO (Offshore Transmission Owner) bidding round for three offshore transmission links worth an estimated £2billion.
In...
Bills crisis: Truss starts split of power prices from gas costs, protects oil extractors,...
The first act of Liz Truss’ government opened this morning, with the prime minister announcing her much-trailed package to ease the crisis of rocketing...