National Grid accepts new Ofgem price controls to reign in monopolies
National Grid has accepted Ofgem's new price control proposals, aimed at boosting investment in the UK's power grid
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LON:NG.
National Grid is an international, London-based company, which provides electricity and natural gas
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National Grid has accepted Ofgem's new price control proposals, aimed at boosting investment in the UK's power grid
Renewables produced enough power for all of the UK's homes this winter, reducing the need for gas
Ofgem is poised to increase regulation of the UK's energy balancing market, after costs rose from £500mln during the winter of 2020, to £1.5bn a year later
Hydrogen is set to make up between 2% and 5% of the UK's gas supply by 2025, according to new plans from National Gas
National Grid has ordered back-up coal power stations to warm on Thursday as the UK’s energy market remains tight and exports to France soar
Firms are gearing up for the second demand flexibility event on Tuesday, as colder weather causes the UK's energy market to tighten
UK wind power generated over 21GW for the first time on Tuesday, hitting and staying over the milestone for several hours
Wind power hit record highs in 2022, which saw renewables generators almost 50% ok the UK's energy mix
87.6% of the UK's energy came from zero carbon generators on Wednesday morning, breaking a record set just five days earlier
National Grid has taken back its request for two coal-fired power stations to start firing up to ensure the UK's energy supply on Monday
Renewable energy capacity is on course to double in the coming years, keeping 1.5C global temperature ambitions "alive" according to the IEA
National Grid's sale of its gas business has met regulatory conditions and will take place before February 2023
Tuesday’s scare follows months of warnings from the Grid about possible power cuts
Ofgem is facing renewed scrutiny after calls for it to implement a profit cap on energy distribution network operators
The FTSE 100 company now expects EPS growth in the middle of a new 6%-8% compound average growth rate (CAGR range), up from 5%-7% before, and capital investment of up to £40bn (from £30bn-£35bn before)