Ofgem Reduces Energy Price Cap by 12.3%

The Office of Gas and Electricity Markets (Ofgem) has reduced the British domestic energy price cap by…

Ofgem Warns Against Forcible Installation of Prepayment Meters

The energy minister has expressed “horror” at revelations about a British Gas contractor allegedly breaking into…

Ofgem to Modify Existing Licenses to Support Electricity System Restoration Standard (ESRS)

Ofgem to modify existing licenses To introduce the Electricity System Restoration Standard (ESRS) Licence changes to…

UK Energy Regulator Seeks $10.2 Billion Fund to Aid Green Targets

Britain’s energy regulator Ofgem said it had begun consultations over a new investment fund of up…

Britain Sets Out Funding Model for Renewables

Britain will offer developers of renewable energy storage projects, such as pumped hydro, a guaranteed minimum…

UK OVO to Pay Nearly £2.4m for Customer Complaint Failures

One of the UK’s largest energy companies, OVO, is to pay £2.37m in compensation for customer…

UK’s National Grid to Sell Electricity System Operator

Britain’s National Grid said it had agreed to sell its Electricity System Operator (ESO) to the…

Energy Bills to Rise Next Year –Report

According to a forecast, energy bills in the first three months of 2024 would increase before…

Elon Musk’s Tesla Plans to Launch Electricity Supplier in Britain

According to a recent job listing, the manufacturer of electric vehicles, which also operates an energy…

UK Energy Company Centrica Forecasts Higher Retail Profit

British Gas owner Centrica expects its retail business to generate significantly higher first-half adjusted operating profit than…