Latest news
Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC
Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).
read more... 13/04/2023
Ofgem sets out UK grid investment package
Ofgem has confirmed a five-year investment package for the electricity distribution network companies, which it says will help deliver cheaper, cleaner, more reliable local grids at no extra cost to consumers.
read more... 30/11/2022
British energy price cap to rise 80% to 3,549 pounds a year
British energy bills will rise 80% to anaverage of 3,549 pounds ($4,188) a year from October, regulator Ofgem said on Friday, calling it a "crisis" that needed to be tackled by urgent and decisive government action.
read more... 26/08/2022
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UK regulator Ofgem confirms need for huge Eastern HVDC link
UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.
read more... 12/07/2022
Energy consumers 'better off' under UK quarterly tariff cap regime
The UK's national energy regulator, Ofgem, has said its proposal to adjust the Default Tariff Cap for household gas and electricity supplies on variable rates to a quarterly regime will leave consumers "better off".
read more... 10/06/2022