Compromise agreed on ETS backloading
A new market stability reserve for the EU’s Emissions Trading Scheme (ETS) will come into operation in 2019, in a compromise deal that should see legislation passed on the measure.
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E.On launches pilot for smart pre-pay offering
E.On is trialling a “smart” pay as you go tariff for up to 30,000 customers who are currently on prepayment meters or pay on receipt of their bill.
Half-hourly settlement may be delayed
Electricity suppliers may be given more time to migrate business customers to billing on a half-hourly basis.
P2 review to set out fundamental changes for connecting to distribution networks
P2 is an uninformative name that covers a keystone of the electricity distribution system in Great Britain. It refers to the engineering standards that govern how connections can be made to the electricity distribution networks – a persistent bar
Mogg: EU market will be evolution, not revolution
News of a new electricity market design “put the fear of god into us” John Mogg (board member at the Agency for the Co-op of Energy Regulators, Acer, and non executive chairman at Ofgem) said at a recent European Energy Summit hosted by Platt’s.
Citizens Advice tells regulators: get tougher on energy networks
Networks are being overpaid and their regulators have not adjusted to changed economic circumstances, according to a new report from Citizens Advice.
Will the gas get to customers in time?
There is no shortage of gas entering the GB market. But can it be physically shifted through the GB network fast enough to meet new user demands? National Grid is asking for feedback.
Project Nexus go-live delayed, but Ofgem wants early customer benefit
Companies who participate in the gas market will miss the planned start date for implementing a new IT system for the competitive market developed in a process named “Project Nexus".
Ovo CFO Chris Houghton talks about community energy
Last year Ovo announced that it would offer its back-office services to community groups and local councils who want to offer energy services. The company hopes these “community partnerships” will be a major source of growth.
The New Power Interview: Chris Houghton, CFO, Ovo
Chris Houghton joined Ovo, one of the UK’s fastest-growing energy companies, last year. During renovations and expansion at the company’s London office, he talked to Janet Wood about managing that growth.