A trio of green energy firms have been granted temporary derogations from the energy price cap, allowing them to charge above the determined limit on standard variable tariffs (SVTs).
We conclude our look back at the most significant stories of 2018 as we cast our (short) memories all the way back to November and the last few weeks of December, including that landmark ruling on the Capacity Market from the ECJ and Ofgem’s busy end to the year.
Industry regular Ofgem has proposed a number of reforms to the innovation stimulus to be included in RIIO-2, including the introduction of a new innovation pot and the removal of the Innovation Rollout Mechanism (IRM)
Ofgem has confirmed it intends to set baseline returns at 4% under the next set of network price controls, a significant, 50% reduction on the current framework.
Regulators must bring about an entirely redesigned approach to the electricity market if it is to properly embrace and realise the potential of the energy evolution, a new report has concluded.
Ofgem has handed more than £45 million to the winners of this year’s Network Innovation Competition, helping bring more innovative technologies to the fore.
OVO Energy has boosted its customer base to over one million after taking on 290,000 additional customers from Spark Energy, which has also seen its operating company bought as a standalone business.
Fixed charges are to be applied to all final demand network users irrespective of their ability to reduce their impact on the grid through generation or flexibility under Ofgem’s preferred strategy for its Targeted Charging Review (TCR).
