Energy industry trade group Energy UK has penned a letter to the UK prime minister Keir Starmer, urging the government to ensure reforms to energy industry regulations boost growth and productivity in the sector.
The UK’s electricity regulator Ofgem has agreed to grant the National Energy System Operator (NESO) a derogation and exemption from two articles governing NESO’s Mandatory Frequency Response (MFR) product.
The UK’s Prime Minister, Sir Keir Starmer, has pledged to streamline the approval process of 150 major infrastructure projects as the government reiterates its commitment to clean power by 2030.
Non-domestic energy supplier Opus Energy has agreed to pay over £7 million in refunds, redress and goodwill payments for overcharging thousands of business customers.
Chancellor of the Exchequer Rachel Reeves has stated her intention to implement binding regulations for firms providing environmental, social and governance (ESG) performance ratings to businesses.