Ofgem awards £59.4m for network innovation projects

Ofgem has chosen 10 projects to receive a total funding of £59.4 million for innovation in transporting energy around Britain. It is part of the regulator’s three innovation competitions that aim to make the energy networks smarter, accelerate the development of low carbon energy and help consumers save money. Successful projects include developing robots to […]

Ofgem orders energy distribution firms to trim costs

Ofgem has ordered five of the six companies that own and operate Britain’s local electricity network to trim down costs for consumers. Today the energy watchdog sent back proposals to cut bills from the firms, saying they “did not sufficiently demonstrate value for consumers”. Customers have to rely on regulation from Ofgem to limit charges […]

Ofgem picks 23 projects for innovation competition finals

Ofgem has awarded 23 projects a place in the final stages of its three innovation competitions for regulated network companies. The network innovation competitions (NICs) is in its first year and makes up to £27 million per year available for onshore and offshore power transmission companies, with a separate £18 million for gas distribution. The […]

Ofgem’s new rules for £30bn network upgrade in force now

Ofgem’s new rules on how much energy network companies can charge to support more than £30 billion worth of infrastructure investment plans put forward by them have come into effect this week. The price controls, known as RIIO-ED1 (Revenue = Incentives + Innovation + Outputs-Electricity Distribution), determine the amount network operators can charge for their […]

Tough new measures to improve electricity networks on the way

Ofgem has published “tough” new measures for electricity distribution networks (DNOs) which it claims will help improve services for consumers. The energy watchdog said the proposals, known as RIIO-ED1 (Revenue = Incentives + Innovation + Outputs-Electricity Distribution), has been designed to encourage companies to “deliver improvements in customer satisfaction, reliability, stakeholder engagement and sustainable services […]

Ofgem plans changes to electricity transmission charges

Ofgem is planning changes to the way it charges power generators for using the high voltage transmission grid, it announced yesterday. The plans could see charges for some Scottish power generators plummet up to 60% but others in the South may see small rises, says the industry regulator. An Ofgem spokesperson admitted the changes will […]