Flash update

Gas find near Hull sparks excitement

A test well at a site near Hull has revealed what could be the UK’s largest onshore gas field. The site at West Newton was thought to contain 189bn cubic feet of gas, worth £947million at today’s prices. The previous…

E.On has to withdraw ’70-year history’ advert

The Advertsising Standards Authority has told E.On that it has to withdraw regional press advertisements comparing itself to energy companies going out of business. The company said it was “70 years old and still going strong” but a complainant said that…

CfD registrations open

The registration process for the Contracts for Difference Third Allocation Round has now opened, the EMR Delivery Body has announced. The registration is in preparation for the upcoming auction round which is due to open by May 2019. The EMR…

Capacity Market T-1 auction set for June

A Capacity Market Auction will be held on 11-12 June for delivery year 2019/20, BEIS has announced. Prequalified companies who do not wish to take part have to notify the EMR Delivery Body over the next two weeks.that they will withdraw.…

Brexit updates

BEIS has put forward further updates on the possibility of a ‘no-deal’ Brexit in response to an earlier stakeholder engagement meeting. Among them: Remit: Registered market participants (MPs), will not need to take any action to trade in GB, as…