Ofgem warns energy suppliers: Slash switching times or face fines

Ofgem mandates energy suppliers to reduce switching times to five days or face penalties, with customers entitled to £30 compensation for delays

Chancellor urges Thames Water on Surrey compensation

Jeremy Hunt has criticised Thames Water for inadequate compensation to Surrey residents facing prolonged water supply issues

EU approves €6.5bn German scheme to address carbon leakage risks

The measure will partially compensate energy-intensive firms by covering part of the higher fuel prices resulting from the German emissions trading system

EU investigates Lithuanian measure to support operation of LNG terminal

It will assess whether the compensation granted to Litgas for supplying a mandatory quantity of LNG to the terminal in Klaipėda between 2016 and 2018 is in line with state aid rules

France’s €13.5bn scheme to compensate energy-intensive firms granted EU approval

The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2030

EU greenlights Germany’s €450m measure to establish temporary lignite supply reserve

The measure will compensate the operators of five power plants for the costs of getting the plants ready to operate if there are natural gas shortages

EU approves €1.5bn Romanian scheme to compensate energy-intensive firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred between 2021 and 2030

Green light for Spain’s €2.9bn scheme to compensate companies for indirect emission costs

It will cover part of energy-intensive firms’ higher electricity prices arising from the impact of carbon prices on power generation costs between 2021 and 2030

EU approves €1.4bn Czech scheme to compensate firms for indirect emission costs

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs incurred between 2021 and 2030

Customers get £2.3tn compensation cheques!

One of Northern Powergrid customers told ELN that it “was nice to dream for a minute or two”