Trade associations RenewableUK, Scottish Renewables and Solar Energy UK have expressed reservations about the proposed “locational marginal pricing” scheme

Officials are reportedly contemplating the implementation of locational wholesale electricity pricing, a system where the wholesale price of electricity varies based on location

The European Commission plans to end the windfall levy on renewable energy sources as emergency measures to stabilize energy markets are no longer deemed necessary

The energy regulator seeks industry feedback on reverting to single-claim process and implementing internal audits for Last Resort Supply Payments

UK Energy Security Secretary Grant Shapps has called on regulator Ofgem to investigate claims of electricity market manipulation by power trading firms

Uniper, SSE and Vitol PPI have allegedly exploited Balancing Mechanism loopholes, resulting in more than £500 million being overcharged to households

Driven by wind’s strong performance average prices on the wholesale electricity market fell to their lowest point since November 2022

Lightsource bp plans to enter Germany’s market, bringing the company’s European footprint to ten countries

Standby coal power units have been asked to warm up amid cold snap

Analysts say that record prices were exacerbated by the failures of the French nuclear fleet