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Regulator wants to avoid a repeat of 2021/22 market rout when wholesale gas prices soared
A decade of reform has left the UK with a power system in danger of failing on competition, innovation and fairness
Watchdog says new rules will protect vulnerable customers
Utilita says Ofgem’s planned capital buffer requirement will make ‘survival in the market difficult’
Limited cut still means average annual household bills will be about £600 higher than before Ukraine war
UK energy regulator says US bank failed to keep records of traders’ discussion of energy deals on personal phones
Ofgem to introduce new capital requirements in order to ensure companies can withstand market shocks
Independent watchdog criticises plans to raise energy supplier’s margins in October as ‘not properly justified’
Utilities warned to ‘behave responsibly’ and ensure they are properly capitalised
Ofgem proposes reform after finding some power station owners held back supplies to secure higher prices
Watchdogs are burdened with new social policy obligations, with mixed results
Amendment to UK energy bill will require regulator to formally adopt 2050 emissions target
Wholesale prices are still well above the average before the war in Ukraine
Expect anger at the sector’s finances to take a long time to burn out
Comments come as Ofgem announces amount paid by a typical household for gas and electricity is set to drop to £2,074 from July
Regressive taxation for a brighter future
Shareholders in water and energy monopolies should receive steady but unspectacular returns, says government adviser
New technologies are being hampered by slow, ponderous bureaucracy and an antiquated approach to grid connections
Ofgem commissions external audit into whether energy company complied with UK rules
Ofgem’s updated code of practice for suppliers on forcibly installing the devices is missed opportunity
Campaigners say measures fall short, call for ban on practice to protect those over 85 or with severe health conditions
Moves to boost tax breaks on pensions, ease childcare costs and support household energy bills
Institute of Directors tells Ofgem to ‘secure a well-functioning market’
Hope for action on preventing fresh spike in household bills with room for manoeuvre in Budget
Consumers will still pay more from April as government reduces subsidies
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