Ofgem is proposing reducing National Grid’s allowance for its gas transmission price control by £277.5 million. It covers the 2013-2021 period and relates to the national high-pressure gas pipeline at the Fleetwood entry point in Lancashire. National Grid Gas Transmission (NGGT) was required to offer 650GWh/day of entry capacity at Fleetwood, initially triggered by a […]

British Gas’ appeal against electricity price rules imposed by Ofgem has been dismissed by the competition watchdog. The Competition and Markets Authority (CMA) had received requests from Centrica’s British Gas Trading (BGT) and Northern Powergrid (NPg) for permission to appeal against the regulator’s ‘RIIO-ED1’ ruling on the price control for network operators in March this […]

Three consultations on proposals to allow additional costs for the transmission of gas and electricity have been launched. They are part of Ofgem’s price control and permits them to seek funding for costs as well as sets out the amount network operators can charge customers. The regulator received applications from National Grid and Scotia Gas Networks […]

Two UK energy companies have appealed against electricity price rules imposed by Ofgem. The Competition and Markets Authority (CMA) said it has received requests from Centrica’s British Gas Trading (BGT) and Northern Powergrid for permission to appeal against the regulator’s ‘RIIO-ED1’ ruling on the price control for network operators. It sets the amount they can […]

Ofwat is urging three water companies to lower some of their wholesale prices as they exceed the watchdog’s recommended pricing model. The regulator has written to Bristol Water, Thames Water and United Utilities to advise them to reconsider the prices they plan to charge customers for certain services. Its concerns are focused on the future […]

Energy regulator Ofgem is proposing to place limits on investment returns Britain’s electricity distribution companies can generate. It plans to lower the assumed cost of equity, i.e. the return the firms pay to their investors, to 6%, which means an assumed cost of capital of 3.8% for five of the six electricity distribution companies in […]