Britain’s Office of the Gas and Electricity Markets regulator, known as Ofgem, has announced that consumers receiving smart meters ahead of the government’s mandated 2014 rollout, will be provided improved customer protection. Ofgem is also considering whether additional protections for business consumers are needed as well, especially small businesses.
Energy regulator Ofgem (Office of the Gas and Electricity Markets) has announced six projects competing for a share of £64 million from the £500 million Low Carbon Networks (LCN) Fund.
The Office of Gas and Electricity Markets (Ofgem), which regulates the electricity and downstream natural gas markets in Great Britain, has published its latest Consumer First Panel report. The Consumer First initiative includes a range of primary market and social research to help Ofgem “ensure that policy development is consumer focused and that consultations are aligned with the abilities of consumers to respond effectively.”
Ofgem has outlined how the organization believes the new performance-based Revenue=Incentives+Innovation+Outputs (RIIO) framework will encourage the investment and innovation required for Britain’s gas and electricity transmission and gas distribution networks. The price controls for these networks will run for eight years from 2013-2021.
Energy regulator Ofgem and the Department of Energy and Climate Change (DECC) have announced that Transmission Capital Partners (TCP) has been awarded the first license granted from Ofgem to operate a high voltage link with an offshore wind farm in Great Britain. The license is for 20 years.
Engage Consulting Limited has published a summary of the British government’s proposed Smart Meter policy. According to the brief, the British Government wants to significantly accelerate the smart meter deployment over previously published target dates, noting “suppliers will start to install smart meters that meet the minimum requirements ahead of a central data and communications entity being established.”