The rollout of smart meters across the UK will come in after deadline and over budget, according to a damning report from the National Audit Office, adding yet more pressure on the government to address its strategy.
The upcoming publication of the Association for Decentralised Energy’s (ADE) Demand Side Response Code of Conduct has sparked discussion over whether the voluntary nature of participation will be enough to ensure good working practices.
Local energy marketplaces and their interaction with existing licensing regimes have proven a particular area of interest within Ofgem’s regulatory sandbox initiative, with BP and British Gas named amongst its new participants.
The balancing and frequency markets will double in value by 2030 as the evolution of the power market creates £6 billion of investment opportunity for battery storage and other flexible and distributed generation assets.
National Grid has confirmed that the expansion of Balancing Use of System (BSUoS) charges to include embedded generation is being considered by Ofgem, after Engie attempted to fast track the decision via a system operator workgroup.
Ofgem has confirmed financial support to an innovation project due to get underway in East Fife later this month that will test how to trade participants’ flexibility using a digital marketplace to generate income and stave off grid upgrades.
Industry regulator Ofgem has opened compliance investigations into First Utility, OVO Energy and Utilita – three of the largest energy suppliers outside of the Big Six.
