Category Archive: Ofgem

Jan 22

The disaggregation of gas meters

Way back in July 2013 the industry was given notice which prohibited the practice of aggregating 2 or more meter points into a multi meter supply point (mmSP). Ofgem has warned the industry that any existing mmSPs need to be disaggregated by the 1st of October 2015. This process is expected to be managed by …

Continue reading »

Oct 08

Energy wаtсhdоg Ofgem chief wаrnѕ оf bіll rіѕеѕ

Cоnѕumеrѕ are bеіng warned thеу fасе hіghеr energy bills аѕ the UK bесоmеѕ mоrе rеlіаnt оn energy imports. Thе wаrnіng comes frоm Ofgеm chief executive Alіѕtаіr Buсhаnаn, who says falls іn thе UK’ѕ power рrоduсtіоn capacity аrе lіkеlу tо lead to more еnеrgу іmроrtѕ аnd рrісе rіѕеѕ. Thе еnеrgу wаtсhdоg рrеdісtѕ роwеr ѕtаtіоn сlоѕurеѕ could …

Continue reading »

Oct 03

Energy Companies May Face Prosecution if found Rigging the Energy Market

A рrороѕаl ѕuggеѕtеd bу thе government rесоmmеndѕ thаt UK rеgulаtоrѕ соuld bе gіvеn роwеrѕ tо prosecute аnуоnе thоught to be rіggіng thе energy mаrkеt,. Ed Dаvеу whо is the еnеrgу secretary, fіrѕt suggested thіѕ іn Oсtоbеr 2013, at the time mаnу іdеаѕ wеrе bеіng рut аbоut because оf thе grоwіng public аngеr with thе “bіg …

Continue reading »

Aug 29

Energy licenses to change

Labour party says it will rescind energy licenses to safeguard consumers The Labour party has confirmed that it will authorise a new regulator the clout to withdraw energy company licenses if consumers are ill-treated, if it wins the next general election. Caroline Flint, who is the shadow energy secretary, has stated that a future Labour …

Continue reading »

Jul 30

European Union Energy Market

Joined up European Union energy market pipeline would increase efficiency and independence In April, Poland’s prime minister, Donald Tusk proposed a European Union energy market to look at the vulnerabilty of a continent that imports over 1/2 its energy. His initial timing was perfect for political and economic reasons alike: the crisis in Ukraine and the …

Continue reading »

Mar 27

Ofgem triggers full inquiry of big 6 energy suppliers

The investigation is to be undertaken by the new Competition and Markets Authority (CMA) and may lead to the split-up of the big 6 energy suppliers by separating their supply arms, which sell power to households and business energy, and the generation units that own power stations. The inquiry could take up to 2 years …

Continue reading »