Latest news
Ofgem: five of the six electricity distributors have to do more to cut costs for consumers
Energy regulator Ofgem has required to five of its six electricity distributors, including SSE and Scottish Power, to do more to cut costs for consumers. The six distribution companies presented their investment plans, but the only plan approved was those of Western Power Distribution’s( WPD), which customers will see a 11.30 pounds cut in their bills from April 2015.
read more... 22/11/2013
Scottish Power to invest 5.2 billion pounds in upgrading its power network
Energy giant ScottishPower has announced it plans to invest 5.2 billion pounds in upgrading its ageing power network. The energy firm has presented its proposals to Ofgem delineating the plans for expansion between 2015 and 2023. The investment would see more than 62 miles of power cables and 30,000 substations upgraded.
read more... 02/07/2013
UK menaced by blackouts of power within 2 years
According to the energy watchdog Ofgem the risk of power blackouts in UK has doubled in the last year, as the country is facing an energy crunch which will cause an increase of the energy bills. The supply crisis is the result of Britain forcing old coal and oil plants to shut down supporting projects of new green wind farms and nuclear plants.
read more... 01/07/2013
UK threaten by an imminent energy crisis, Ofgem warns
The UK is on the verge of being hit by an energy crisis that will leave it dependent on imported natural gas, warns Ofgem's chief executive Alistair Buchanan.
read more... 22/02/2013
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013