Centrica slams Octopus’ proposals for protecting consumer credit balances

Independent review conducted on behalf of British Gas found that a compulsory co-insurance model would not protect credit balances

Founders of collapsed energy supplier could allegedly get £50m payout

Research alleges that the Founders of People’s Energy may receive this amount once the business’s creditors are paid off

Ofgem’s Centralised Switching Service launches today

Companies are required to complete switching within five working days

Ofgem proposes setting electricity prices on a regional or local level

The regulator has said reforming wholesale electricity markets could save customers billions of pounds

UK rings in giant £20.9bn package to boost grid capacity

Revealing its much-anticipated RII0-ED2 draft determinations, Ofgem has proposed to slash returns for power distribution companies

Nearly a fifth of customers ‘dissatisfied’ after being transferred to new energy supplier

Customers face delayed refunds and price increases as energy companies collapse, according to Ofgem’s survey

Government to consider ‘all options’ on price cap for heat networks

The Energy Minister has acknowledged that customers on heat networks are more exposed to energy price hikes

UK renewables
Energy regulator records 16% increase in Feed-In-Tariff scheme failings

There were 359 failings linked to the FIT scheme from 1st July to 31st December 2021, according to Ofgem

UK’s energy regulation an inspiration for Colombia

Colombia has learnt from the UK’s energy policy. According to Andres Escobar, Colombian Vice Minister of Finance and Public Credit, the “UK has strong energy regulations”. Mr Escobar told ELN: “Many developments that have taken place in the regulatory sector in the energy sector have resulted from work from British consultants who have worked as […]

Energy giant says come clean on fracking

ExxonMobil has become an unlikely ally to the green opponents of fracking by calling for more disclosure of the process. Their CEO said confidence in the process would only improve if the nature of the fluids used in fracking were made public. Rex W. Tillerson said: “Natural gas from shale holds tremendous promise in many […]