Ofgem boss: “I’d very much prefer network firms weren’t monopolies”

Dermot Nolan, the boss of energy regulator Ofgem has admitted he would “very much prefer” if the UK’s network firms were not “monopolies”. Yesterday he was called before MPs on parliament’s energy select committee as part of their inquiry into network costs. The six network firms which run Britain’s local power lines and pylons have sole control […]

Emergency power cut helpline to launch

An emergency helpline for householders in the event of power cuts is to be set up in the wake of the Christmas blackouts. Energy Secretary Ed Davey made the announcement along with a review into the response to the power cuts, which is believed to have affected 750,000 people over the Christmas period. Mr Davey […]

Ofgem picks 23 projects for innovation competition finals

Ofgem has awarded 23 projects a place in the final stages of its three innovation competitions for regulated network companies. The network innovation competitions (NICs) is in its first year and makes up to £27 million per year available for onshore and offshore power transmission companies, with a separate £18 million for gas distribution. The […]