regulation

Ofgem’s head of networks has reiterated the regulator’s warning to operator companies that they should expect tougher price controls after pointing to “double digit returns” deemed too high within current market conditions.

Centrica has made a raft of proposals to both government and Ofgem in a bid to “level the playing field” in the energy market.

Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.

The traditional ‘supplier hub’ model of energy supply in the UK may “break down” as the UK power market continues to become more decentralised, Ofgem has warned.

Dieter Helm has pitched his vision for the future energy market, including a “significantly diminished” role for Ofgem as its responsibilities are largely redistributed.

Regulators will need to evolve and adapt new approaches if they are to best protect consumers as the power market continues to pivot, a new report has warned.

Ofgem has taken £200 million from some distribution network operator (DNO) allowances following a new review of price controls.

National Grid must create a legally separate company to conduct its system operator (SO) duties and have it running by April 2019, Ofgem has said.

Energy regulation Ofgem has outlined how it intends to enact a more “holistic” approach to future regulation of the UK’s energy market.

An EDF-led consortium is aiming to trial a local, peer-to-peer (P2P) power trading platform enabled by blockchain as one of a number of projects Ofgem is currently discussing in the context of its Regulatory Sandbox project.