Ofgem decides against mid-period review for networks price control

It follows Western Power Distribution’s decision to voluntarily return £77 million after the government cancelled its rail electrification schemes

Energy firm granted license to own networks

An independent meter asset management company in the UK has been awarded an Independent Gas Transporter (IGT) and Independent Distribution Network Operator (IDNO) license. This means the Energy Assets group will be able to own, adopt and operate its own gas and electricity networks. The company has also launched Energy Assets Pipelines and Energy Assets […]

11 projects picked for energy network competition finals

Ofgem has awarded 11 projects a spot in the final stages of its three innovation competitions for regulated network companies. They passed the Initial Screening Process (ISP) for the Electricity Network Innovation Competition (NIC), the Gas NIC and the Low Carbon Networks (LCN) Fund – worth up to £109 million in total. The competitions support […]

80,000 still without power after storms

There are still around 80,000 people without power this morning as yet another wave of nasty weather hit the UK last night. The Met Office had issued multiple red alerts for gale force winds yesterday and several motorways were closed or had severe delays including the M2. This morning the Highways Agency announced the M60 […]

Developing nations to share power

South Asian countries could prevent power cuts by sharing load across neighbouring electricity grids says a new study. US analysts GBI Research have published a report which says the increasing demand for power in the developing nations of the Indian sub-continent could be met by sharing load across grids and trading power amongst themselves. India, […]