15 articles
UK energy regulator Ofgem proposes new fees for battery-storage projects in the grid connection queue to reduce congestion, estimating costs up to 7% of capital expenditure for medium-duration project
Ofgem raised the UK energy price cap by 4% to £1,723 Oct 1, citing Middle East conflict driving wholesale gas and electricity surges. This marks the highest level since Jan 2024, adding pressure to ho
Ofgem announced a 4% increase in the UK domestic energy price cap starting in October, raising the limit to £1,723. The hike is driven by high international gas prices exacerbated by the conflict in I
UK household energy costs are projected to reach a three-year high in October as geopolitical tensions drive up wholesale gas and electricity prices, prompting an Ofgem price cap increase to approxima
UK inflation rose to 2.9% in July as Ofgem increased the price cap. Wholesale gas prices reached their highest since March 2024 due to Middle East conflict impacts.
Ofgem launched a consultation to tighten electricity grid-connection requirements for data centres amid a surge in demand from 41GW to 125GW. A new commitment fee ranging from £237,500 to £712,500 per
Ofgem proposes upfront fees for data center projects to alleviate UK electricity grid congestion, targeting speculative developments amidst surging demand from AI and power-hungry facilities.
UK energy regulator Ofgem announced an independent probe into the energy system's handling during extreme heatwaves amid allegations of poor record-keeping. The review aims to ensure transparency and
Ofgem has provisionally selected 16 long-duration energy storage projects under a cap-and-floor scheme to strengthen domestic power supply and lower costs. The move aims to balance renewable energy in
UK energy regulator Ofgem is considering mandatory power curtailment for data centers during peak stress to manage surging AI-driven electricity demand. Voluntary flexibility and grid-connection refor
UK regulator Ofgem warns data centers are reserving excessive grid capacity, creating bottlenecks for renewable projects and threatening economic growth, prompting planned reforms to clear the connect
UK regulator Ofgem raised the domestic energy price cap by 13% to £1,862 annually from July, citing soaring wholesale gas prices driven by Middle East conflict.
Ofgem raised the UK energy price cap by 13% to £1,862 effective July 1, driven by soaring wholesale gas and power costs linked to the Iran war. The surge impacts household bills and inflation, causing
Commentator Nils Pratley urges Ofgem to publish multi-year electricity price forecasts, highlighting that grid upgrades and balancing costs will keep bills high regardless of wholesale prices. Industr
UK regulator Ofgem mandates utilities use smart flexibility tools before approving grid investments to curb customer bills. The new framework addresses bottlenecks from renewables and EV charging whil
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