ofgem

March 5, 2024

Ofgem fines Scottish wind farm £5.53 million for breaching energy market rules

Ofgem has fined electricity generator Dorenell Windfarm Limited (DWL) £5.53 million for charging "excessive prices to reduce output".

March 4, 2024

Six of seven interconnector projects could be rejected from third cap and floor window

Ofgem has opened a consultation on its intended decision to reject six of seven interconnector projects from the third application window for the cap and floor regime.

Image of the IFA2 National Grid Interconnector

March 4, 2024

Ofgem recommends 3.2GW of interconnector capacity for approval

Ofgem has recommended two high-voltage interconnectors between Britain and Europe totalling 3.2GW for approval.

March 1, 2024

Current±’s most read stories of the week: Octopus’s V2G tariff, the Celtic Sea and the UK’s energy ‘crunch point’

Octopus’s V2G tariff, the Celtic Sea and the UK's energy ‘crunch point’ feature as Current±'s most read stories of the week.

February 29, 2024

Ofgem ‘disappointed’ but approves grid connection process delay

Ofgem has approved a three-month extension to National Grid's Two Step grid connection process but has expressed its disapproval at the delay.

Electricity North West Workers and Transmission Lines

February 27, 2024

Industry reacts to Ofgem extending the ban on acquisition-tariffs

The energy sector has responded to regulator Ofgem’s announcement that the ban on acquisition-tariffs will be extended for 12 months.

February 23, 2024

Reduced energy price cap remains 49% above pre-crisis levels

Ofgem today (23 February) confirmed the 1 April to 30 June 2024 Default Tariff Cap will be set at £1,690 - 12% lower than the current cap.

February 22, 2024

UK government releases strategy statement for energy policy

The UK government has released a strategic policy statement setting out its priorities for energy transition policy in the UK.

February 14, 2024

Ofgem opens consultation on Electricity Generation Licence

Ofgem has launched a consultation on whether changes should be made to the electricity generation licence to ensure it is fit for purpose for assets classed as generation but provide network services.