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EDF Energy to pay £6m to Ofgem from regulation breach

EDF Energy to pay £6m to Ofgem from regulation breach: After confirming it breached wholesale energy market regulations, EDF Energy Thermal Generation (EDF ETG) has agreed to pay £6 million to Ofgem. The regulator reported that between September 2017 & March 2020, EDF ETG frequently sent misleading signals to the National Grid Electricity System Operator…
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Ofgem £25bn investment programme for energy networks

Ofgem £25bn investment programme for energy networks: A new 5 year investment programme has been announced by energy regulator Ofgem, worth £25 billion the investment programme is to transform the UK’s energy network. The proposals are aimed at delivering emissions-free green energy across the country and meet national net zero targets, while also maintaining high…
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Energy networks help by deferring £350m of charges

Energy networks help by deferring £350m of charges: The UK’s energy networks are to defer up charges amounting to £350 million to help protect vulnerable customers and energy companies. Following a request by Ofgem the energy regulator , the payments deferral aims to ease cash flow concerns for energy suppliers who are struggling, reducing the…
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