Newsfeed
A new amendment to the Energy Security Bill aligns Ofgem with the national drive to reach net zero, with hopes the move will spur the regulator towards encouraging investment in infrastructure and shoring up flexible markets.
The post Ofgem handed net-zero mandate – What will change? appeared first on Energy Voice.
Relevance:12
It's hoped the policy will see a greater focus on value and investment - rather than lower costs - for crucial grid connections.
The post Ofgem handed net-zero mandate – What will change? appeared first on Energy Voice.
Relevance:12
The UK government has decided to accept amendments to the Energy Bill which would give Ofgem a statutory duty to help meet the goal of Net Zero carbon emissions by 2050.
Relevance:10
National Grid ESO believes that current obstacles when adding Vehicle-to-Grid (V2G) enabled EVs to the Balancing Market (BM) as an aggregated unit, could be solved “organically” in the coming years.
Relevance:4
Ofgem will be legally required to consider the UK's net zero carbon emissions target in all decision making, after the government backed down to widespread pressure. The legal mandate is included within an amendment to the Energy Bill. It will beef up the regulator’s existing duty to reduce greenhouse gases by forcing Ofgem to consider how its everyday regulatory decisions may assist in meeting the UK’s net zero targets and the carbon budgets laid out in the 2008 legislation.
The post Ofgem given net zero duty in government U-turn appeared first on Utility Week.
Relevance:10
Energy regulators must now explicitly consider now their rulings help the government reach Britain’s Net Zero goals, according to new guidance from ministers. A government amendment inserted yesterday in the Energy Security Bill has for the first time imposed a defined requirement on the energy regulator in relation to its NZ duties. Ofgem’s focus has Read more...
The post Ministers move to task Ofgem for greater Net Zero support appeared first on theenergyst.com.
Relevance:10
- Full list of energy suppliers that charge up to £50 to replace smart meters and displays – what are your ri... The Sun
- 'Ticking time bomb' over 'widespread' meter tampering during cost of living crisis Sky News
- Rise in meter tampering could cause issues for many UK homes South Wales Argus
- Urgent warning for anyone trying to save on energy bills over mistake that could land you with £30k fine... The Sun
- Desperate bill payers 'risk death' by tampering with energy meters The Telegraph
- View Full coverage on Google News
Relevance:4
ICR Integrity’s chief executive, Jim Beveridge, looks to keep his firm "relevant" by looking to the energy transition.
The post Not becoming a ‘Nokia’ and remaining relevant in the energy transition appeared first on Energy Voice.
Relevance:12
ICR Integrity’s chief executive, Jim Beveridge, looks to keep his firm "relevant" by looking to the energy transition.
The post Not becoming a ‘Kodak’ and remaining relevant in the energy transition appeared first on Energy Voice.
Relevance:12
/p>
I don’t have any amazing news to break,” admits Greg Jackson, the boss of one the UK’s leading energy companies as he sits down for our interview – which is a surprise as Octopus Energy has been driving a raft of industry headlines in recent weeks. In the past month alone, it has wrapped up [...]
The post Octopus boss Jackson still full of energy appeared first on CityAM.
Relevance:4
/p>
“I don’t have any amazing news to break,” admits Greg Jackson, the boss of one of the UK’s leading energy companies as he sits down for our interview – which is a surprise as Octopus Energy has been driving a raft of industry headlines in recent weeks. In the past month alone, it has wrapped [...]
The post Interview: Why Octopus Energy’s Greg Jackson is powered up appeared first on CityAM.
Relevance:24
Relevance:24
- Lifting price at Loch Ness power plant earns monster fine for SSE The Times
- Energy giant SSE to pay £9.8m penalty for pricing breach bbc.co.uk
- SSE to pay £9.7m penalty following Ofgem investigation Energy Live News - Energy Made Easy
- SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site Sky News
- SSE to pay near-£10m penalty over licence breach The Guardian
- View Full coverage on Google News
Relevance:20
- Investments In Renewable Energy Exceed Fossil Fuel Expenditures CleanTechnica
- Renewable energy is on track to shatter even more records in 2023 ZME Science
- World pouring cash into climate-saving solar, but also fossil fuels Stuff
- More Investment In Solar Than Oil In 2023 CleanTechnica
- Global govt clean energy spending seen hitting $1.34trn on energy crisis Businessday
- View Full coverage on Google News
Relevance:4
Various panels tackle the complexity issues of PPAs at this year's Renewable Energy Revenues Summit.
Relevance:4
Research by the Offshore Energy Digital Strategy Group (OEDSG) has found a “lag” in data maturity within the renewable sector.
Relevance:4
Three adverts for Shell that publicise its climate-friendly products have been banned for glossing over its "large scale" investments in oil and gas.
Relevance:4
- British Gas and E.on Next customers urged to check their accounts as fixed tariffs return Birmingham Live
- Here's exactly how much you will pay for your energy from July 1 after price cap Chronicle Live
- NI households face higher energy bills despite price cuts Energy Live News - Energy Made Easy
- Relief as household bills, petrol and diesel prices tumble The Times
- Cost of living - latest: Aldi stores are about to get darker; diesel prices fall sharply Sky News
- View Full coverage on Google News
Relevance:20
Ofgem penalty comes as renewable energy makes challenge of balancing electricity network harder
Relevance:20
- SSE fined almost £10mn for overcharging National Grid Financial Times
- Energy giant SSE to pay £9.8m penalty for pricing breach BBC
- SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site Sky News
- SSE to pay near-£10m penalty over licence breach The Guardian
- SSE to pay £9.7m penalty following Ofgem investigation Energy Live News - Energy Made Easy
- View Full coverage on Google News
Relevance:20
Relevance:10
SSE is facing a penalty of almost £10 million after it secured excessive payments from National Grid Electricity System Operator during periods of transmission constraint. The proposed £9.78 million payout relates to an investigation by Ofgem into SSE Generation’s Foyers pumped storage power station, located on the banks of Loch Ness in Northern Scotland.
The post SSE fined almost £10m over excessive ESO payments appeared first on Utility Week.
Relevance:20
SSE is facing a penalty of almost £10 million after it secured excessive payments from National Grid Electricity System Operator during periods of transmission constraint. The proposed £9.78 million payout relates to an investigation by Ofgem into SSE Generation’s Foyers pumped storage power station, located on the banks of Loch Ness in Northern Scotland.
The post SSE to pay out almost £10m over excessive ESO payments appeared first on Utility Week.
Relevance:20
- Call for Ofgem to protect small businesses hit by high energy costs Energy Live News - Energy Made Easy
- Ofgem urged to ensure 'fair hearing' for firms facing shutdown The Times
- View Full coverage on Google News
Relevance:12
E.ON has entered a “landmark agreement” with low carbon asset finance specialist, Horizon Energy Ventures (HEV) to bring funding solutions for its electric vehicle (EV) fleet customers.
Relevance:4
Following an investigation by energy regulator Ofgem, SSE Generation has been issued to pay £9.78 million due to a breach of its Generation Licence.
Relevance:30
Relevance:4
Major energy supplier with over 1million customers puts itself up for sale – what it means for you... The SunView Full coverage on Google News
Relevance:4
Ofgem has issued a fine of nearly £10 million to SSE Generation after an investigation found it solicited ‘excessive’ payments for reducing output from its Foyers hydro scheme.
The post SSE fined £9.8m over ‘excessive’ grid payments to Foyers appeared first on Energy Voice.
Relevance:20
Ofgem has imposed a £9.78 m fine on electricity generator SSE for overcharging National Grid ESO during periods of transmission constraint two years ago. The case centres on the regulator’s inquiry into output in October 2021 from SSE’s Foyers pumped hydro storage plant, pictured, located near Loch Ness. At times when the nation’s backbone operator Read more...
The post SSE fined £9.78 m for overcharging Grid during transmission constraint appeared first on theenergyst.com.
Relevance:20
- Energy giant SSE to pay £9.8m penalty for pricing breach bbc.co.uk
- SSE to pay near-£10m penalty over licence breach The Guardian
- SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site Sky News
- Scots energy firm fined £9.8m for overcharging on generator 'switch-off' compensation HeraldScotland
- Perth-based energy giants SSE hit with £9.8m fine The Courier
- View Full coverage on Google News
Relevance:24
- Energy giant SSE to pay £9.8m penalty for pricing breach BBC
- SSE to pay near-£10m penalty over licence breach The Guardian
- SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site Sky News
- Perth-based energy giants SSE hit with £9.8m fine The Courier
- SSE to pay £9.7m penalty following Ofgem investigation Energy Live News - Energy Made Easy
- View Full coverage on Google News
Relevance:24
The bid prices it charged the grid to lower output from the Foyers pumped storage power station were too expensive during periods of transmission constraint
Relevance:20
SSE Generation secured ‘excessive payments’ from system operator NGESO for using its Foyers pumped storage plant, according to regulator Ofgem. As a consequence, Ofgem proposes to require the company to pay £9.78 million into the Energy Redress Fund Ofgem said…
Relevance:20
- Energy giant SSE to pay £9.8m penalty for pricing breach BBC
- SSE to pay near-£10m penalty over licence breach The Guardian
- Scots energy firm fined £9.8m for overcharging on generator 'switch-off' compensation HeraldScotland
- SSE to pay £9.7m penalty following Ofgem investigation Energy Live News - Energy Made Easy
- Energy giant SSE to pay £9.8m penalty for breaching generation licence This is Money
- View Full coverage on Google News
Relevance:24
The Perth-based company is found to have overcharged the National Grid for lowering output.
Relevance:24
Energy producer SSE has been hit by a nearly £10m fine for charging the national grid - and bill payers as a result - too much money to power down during times when electricity infrastructure can't take all the traffic on the system.
Relevance:4
/p>
Energy giant SSE is to pay a £9.8 million penalty after breaching its generation licence, the industry regulator has announced. Ofgem said a detailed investigation found that the FTSE 100 company’s generation arm overcharged the National Grid Electricity System Operator (NGESO) during a time of so-called transmission constraint. Transmission constraints happen in situations such as [...]
The post SSE: Ofgem slaps energy giant with £9.8m penalty over licence breach appeared first on CityAM.
Relevance:34
/p>
Energy giant SSE is to pay a £9.8 million penalty after breaching its generation licence, the industry regulator has announced. Ofgem said a detailed investigation found that the FTSE 100 company’s generation arm overcharged the National Grid Electricity System Operator (NGESO) during a time of so-called transmission constraint. Transmission constraints happen in situations such as [...]
The post Ofgem slaps SSE with £10m fine for overcharging National Grid appeared first on CityAM.
Relevance:30
Among the companies with reports and trading updates today are SSE, Associated British Foods, British American Tabaco, Severn Trent and Paragon Banking Group.
Relevance:20
Aberdeen is recognised as a leading global energy hub. With decades of experience, it has been at the forefront of the oil and gas industry.
The post Green for growth: how the energy transition can fuel Aberdeen’s future appeared first on Energy Voice.
Relevance:12
- Here's exactly how much you will pay for your energy from July 1 after price cap Chronicle Live
- Economics class: Why Britain's households should expect energy bills to remain high Financial Times
- NI households face higher energy bills despite price cuts Energy Live News - Energy Made Easy
- Prepayment meter bills to drop 18.4 percent with average bills to drop by £450 Express
- View Full coverage on Google News
Relevance:4
Electric water heaters that store renewable energy could do the work of 2 million home batteries—and save billions Tech XploreView Full coverage on Google News
Relevance:4
Relevance:24
/p>
The best way to slash our reliance on fossil fuels is to accelerate the transition to renewable energy, argued the boss of Octopus Energy, amid sustained protests from activist groups such as Just Stop Oil. Greg Jackson, Octopus’s chief executive, called on the government to ramp up renewable energy generation and to cut the red [...]
The post Boosting renewables is the best way to just stop oil, says Octopus Energy boss appeared first on CityAM.
Relevance:24
Energy consultancy NFU Energy has announced a collaboration with electric vehicle (EV) charging network Zest to speed up the deployment of rural EV charging infrastructure.
Relevance:4
Energy consultancy NFU Energy has announced a collaboration with electric vehicle (EV) charging network Zest to speed up the deployment of rural EV charging infrastructure.
Relevance:4
Prepay energy customers who need additional support credit outside of traditional working hours are facing “significant detriment”, Citizens Advice has warned. As such the consumer charity is calling for retailers to extend their opening hours, or even provide 24/7 assistance to those who need it.
The post ‘Clear case’ for energy suppliers to extend opening hours appeared first on Utility Week.
Relevance:4
Relevance:12
- Renewable energy is on track to shatter even more records in 2023 ZME Science
- Global solar additions to hit 310 GW in 2024, says IEA pv magazine International
- Solar and wind are leading the rapid expansion of the new global energy economy: IEA ZAWYA
- Renewable energy capacity additions to hit record: IEA Business Recorder
- Worldwide, governments allocate $1.34 trillion to clean energy Gulf News
- View Full coverage on Google News
Relevance:4