Energy trading platform Elexon has been appointed to administer payments to suppliers, authorised under the Truss administration’s Energy Price Guarantee (EPG) Elexon manages the Balancing and Settlement Code, one of 11 protocols which provide the commercial arrangements underpinning the energy sector.  Today’s approval required an amendment to clause P446 of the BSC. Under the scheme, Read more...

The post Elexon to administer payments to suppliers under D-BEIS’ energy price guarantee appeared first on theenergyst.com.

Electricity-producing firms ask regulator to change rules that could penalise them if gas supplies run out

The UK’s energy regulator, Ofgem, has warned there is a “significant risk” of gas shortages this winter, which could also hit electricity supplies.

Ofgem’s head of wholesale market management, Grendon Thompson, said a gas supply emergency could impose “load shedding” on the largest consumers, forcing gas-fired power stations to close.

‘Significant risk’ of winter gas shortage threatens UK power supply, says Ofgem  The Guardian

Britain's third biggest energy firm said it was contacting all its customers today to alert them that they could pay less by moving to its standard variable tariff.

1. Smart Meter malfunction sends customers into a panic by showing prices up to £42,000  Daily Mail
2. Mum's horror after electricity smart meter says she used £40,000 electricity in ONE DAY  The Mirror
3. Mum's horror as electricity meter says she's used £40k electricity in one day  Express
4. Mum’s shock after smart meter told her she spent £40,000 in a single day  Manchester Evening News
5. Woman's 4p revelation after she finds kitchen appliance costs her £14 a month  Birmingham Live
6. View Full coverage on Google News

Regulator warns country faces shortages this winter, raising fears about potential power cuts

1. BREAKING: 'Significant risk' to UK gas supply this winter warns Ofgem  Sky News
2. Global gas markets to remain tight well into 2023, IEA says  Al Jazeera English
3. Cost of living: 'Significant risk' of UK gas supply emergency, energy regulator warns  Sky News
4. View Full coverage on Google News

Weekend press round-up: Give locals who back fracking money off their energy bills, says Tory party chairman  Utility Week

1. Ofgem issues stark warning as UK to face ‘challenging’ winter over power shortage fears  Express
2. Europe faces 'unprecedented risk' of gas shortage, IEA says  The Independent
3. Blackout fear as gas supply could be cut  The Times
4. Europe's Record-Low Gas Use to Continue Slide In 2023, IEA Says  Bloomberg
5. View Full coverage on Google News

1. What does the energy price cap mean for you?  The Independent
2. Shock energy bills leave families in 'complete panic' after new rates update causes glitch  Chronicle Live
3. Energy bill payment key dates and how and when you'll get £400  Surrey Live
4. Martin Lewis gives warning for those who pay their energy bills via direct debit  The Mirror
5. View Full coverage on Google News

Mum's horror after electricity smart meter says she used £40,000 electricity in ONE DAY  The Mirror

Mum's horror after smart meter says she used £40k electricity in one day  The Mirror

Ofgem 'loophole's sees Brummies hit with £1K a month bills in hidden energy crisis  Birmingham Live

Vertical Aerospace received nearly £3million from Imagination Industries - Fitzpatrick's investment vehicle - in the year to December 2021.

Jacob Rees-Mogg warns consumers to watch out for fake messages claiming to be from Ofgem  Daily MailView Full coverage on Google News

1. Electric Ireland, SSE Airtricity and Bord Gáis price hikes kick in this weekend  TheJournal.ie
2. Energy giveaways wiped out as October price hikes expected to add €600 to household bills  Independent.ie
3. Farm families to face increase in energy bills from tomorrow  Agriland
4. Energy bills rising from tomorrow – what you need to know  The Portugal News
5. View Full coverage on Google News

Victorian Government proposes 6.3 GW renewable energy storage targets by 2035  Lexology

How we will use your personal data and what your rights are.

From today, the Government’s Energy Price Guarantee will limit the price households pay per unit of gas and electricity they use.

Millions are seeing their energy bills go up, but there are ways to help ease the mounting costs.

1. Energy bills to rise as price cap comes into effect | 5 News  5 News
2. Martin Lewis warning to all who pay energy bills by direct debit  Liverpool Echo
3. How to beat energy bills rise TOMORROW as price cap increases to £2,500  Daily Mail
4. How your energy supplier will pay your £400 rebate this autumn – from British Gas to Utility Warehouse  Teesside Live
5. View Full coverage on Google News

Over the last few weeks, suppliers have rushed to implement the government’s Energy Price Guarantee. But after tackling the challenges of the rollout, will it go far enough?

With government setting energy prices directly in the short term as well as dictating the agenda on wider market reform, where does this leave the energy regulator? Utility Week editor James Wallin reflects on the pressures bearing down on Ofgem and how the ED2 final determinations represent an opportunity to reframe the narrative.

The post What’s the point of Ofgem? appeared first on Utility Week.

The delivery of Scotland’s largest wind farm has supported a £1 billion boost to the Scottish economy, according to new figures published by developer SSE Renewables and PwC.

The post SSE touts £1bn economic boom from Seagreen wind construction appeared first on Energy Voice.

Energy transition and trilemma in focus at AIEN International Energy Summit  Oil Review Middle East

1. Household energy bills will cost more from TOMORROW when price cap rises to £2,500  Daily Mail
2. Households urged to take meter readings today before energy bills rise at midnight...  The Sun
3. Friday 30 September: Three deadlines you can't afford to miss - Your Money  Your Money
4. Martin Lewis explains there is no limit to how high energy bills can go  Daily Mail
5. View Full coverage on Google News

Despite claims by the government that heat network customers will receive “equivalent” support to other billpayers this winter, they still face a doubling in costs, the chief executive of the Heat Trust has told Utility Week. Stephen Knight also called on ministers to re-confirm their support for regulating heat networks following reports the Energy Bill, which enshrines this pledge, may be scrapped. He pointed to concerns around the efficiency of networks and the number of customers being moved onto pre-payment meters as examples of why regulation is badly needed.

The post Energy crisis having ‘disproportional impact’ on heat network customers appeared first on Utility Week.

The level of the Renewables Obligation for 2023 to 2024, and the underpinning calculation methodology.

Energy price cap: "If the government hadn't done this, it would have been totally apocalyptic"  Sky News

Gas and electricity bills are going up tomorrow as the new energy price cap takes effect.

Construction boss was unable to explain transactions totalling more than £1 million, or eligibility for £40,000 Bounce Back Loan.

The Government's energy package will come as a relief for businesses who were bracing themselves for a catastrophic winter. But does the support go far enough?

British Gas told us we could not keep our fixed-rate energy tariff when we move house because they're busy with new customers.

1. British Gas won't let us keep our energy tariff when moving house  This is Money
2. A Weak Pound Is Making Britain's Energy Even More Expensive  Bloomberg
3. Surging energy costs push British businesses to the brink  Marketplace
4. A Weak Pound Is Making Britain’s Energy Even More Expensive  BNN Bloomberg
5. View Full coverage on Google News

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This week, Keir Starmer outlined a simple vision for the future of the British energy industry: a publicly owned energy company. It is a long way from the days of Tony Blair who moved the Labour party away from state ownership. The thorny question of state control has always been politically charged, but if delivered [...]

The post A true state energy supplier should bolster competition appeared first on CityAM.

A two-year government-set cap means price rises taking effect on Saturday are lower than initially expected.

Millions are seeing their energy bills go up, but there are ways to help ease the mounting costs.

1. Energy price cap October 2022: when does it start and what does it mean?  The Telegraph
2. Benefit and financial support breakdown with cost of living crisis  Gloucestershire Live
3. How your £400 energy bill rebate will start being paid within DAYS – including British Gas and EDF...  The Sun
4. What the £2,500 energy price freeze means for you - Times Money Mentor  The Times
5. View Full coverage on Google News

Notice of final order relating to the acquisition of Electricity North West Limited by Redrock Investment Limited.

1. How your £400 energy bill rebate will start being paid within DAYS – including British Gas and EDF...  The Sun
2. When to take your gas and electricity meter readings ahead of October energy cap rise  Chronicle Live
3. What the £2,500 energy price freeze means for you - Times Money Mentor  The Times
4. Benefit and financial support breakdown with cost of living crisis  Gloucestershire Live
5. View Full coverage on Google News

Africa Is On The Path To Digital Transformation Of Renewable Energy  Forbes

Summaries of advice given under the business appointment rules to applicants at SCS2 and SCS1 level and equivalents.

1. Germany introduces €200B gas price cap to counter Russia’s ‘energy war’  POLITICO Europe
2. Germany attacks UK economic plan as it unveils €200bn energy support - live updates  The Telegraph
3. Germany announces €200bn energy aid package  Financial Times
4. Germany launches 'defences shield' against Putin to combat record-high gas prices  Express
5. Germany presents new €200 billion relief plan in response to soaring energy prices  DW (English)
6. View Full coverage on Google News

Chris Skidmore launches call for evidence for his Net Zero Review.

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The Nuclear Industry Association has welcomed EDF's intention to extend the lifespan of two of its domestic nuclear power projects.

The post Nuclear industry group encourages EDF to extend life of power plants appeared first on CityAM.

Quarterly statistical publication on energy prices.

Special feature article from the September 2022 edition of Energy trends statistical publication.

Special feature article from the September 2022 edition of Energy trends statistical publication.

Estimates of total final energy consumption from 2005 to 2020 at a country, regional and local authority level.

Special feature articles on energy issues in the United Kingdom from the September 2022 edition of the quarterly statistical bulletin Energy Trends.