From 1 April, the levels of the default tariff price cap will increase by £117 and pre-payment meter cap by £106 to reflect higher costs, Ofgem has announced. Of that increase, £74 is related to wholesale price increases, and £43 for networks and policy. The…

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Energy trade associations from the decentralised and decarbonised renewables sector have warned the government that Ofgem’s charging reforms are putting at risk a more flexible, low-carbon energy system. In a letter to secretary of state Greg Clark MP the ADE, Beama,…

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Smart meter installations fell by 35% in December – the biggest month by month fall since 2012, according to figures on electricity meter installation provided by industry body Electralink. The worst area affected was South Scotland, with a 41% month-on-month…

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The BSC (Balancing and Settlement Code) panel has recommended that Ofgem approve a modification that would allow Capacity Market levies to be collected from suppliers, and held I escrow until the future of the CM becomes clear. The regulator has…

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Ofgem wants more information about how consumers might react to the option of using real-time energy pricing, to build its business case for moving to half-hourly settlement for all customers and decide when and how to make the change. Wholesale…

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Network operators have launched new reforms that will cut the paperwork required for connecting electric vehicles (EVs) and heat pumps to the grid. Recent National Grid projections show that the number of EVs on our roads could reach up to…

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BlackRock has sold five operating wind farms and one operating solar project to Equitix Investment Management. All began commercial operations between 2010 and 2015. BlackRock said it had brought the projects through construction and early stage development and optimised the group’s debt…

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Peers have called on the government to move quickly to plug gaps in investment in UK infrastructure, including key energy projects, as a result of Brexit. Lending from major European institutions has plummeted since the referendum and article 50 was…

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Ofgem has appointed Utilita Energy to take on Our Power’s 31,000 domestic customers under its ‘supplier of last resort’ process after the Scottish energy company ceased trading. Ofgem said Utilita was chosen after a competitive process. The regulator said that in…

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Supplier Haven Power and demand side flexibility provider GridBeyond have announced a new partnership aimed at helping business customers trade the power they produce and participate in demand side response. Haven Power supplies renewable energy as standard to its customer base. GridBeyond’s platform powered…

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