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Industry News Roundup July 2022

Friday 29/07 – The government sets out details on the Energy Bills Support Scheme.

Thursday 28/07 – BEIS publishes the outcome of its consultation Strengthening the Energy Savings Opportunity Scheme (ESOS).

Wednesday 27/07 – BEIS issues consultation outcome Feed in Tariffs and Contracts for Difference: proposals relating to Guarantees of Origin.

Tuesday 26/07 – BEIS Committee issues its Third Report - Energy pricing and the future of the Energy Market.

Monday 25/07 – The government publishes its Future policy framework for power with carbon capture, usage and storage (CCUS): call for evidence.

Friday 22/07 – BEIS issues the UK’s Critical Minerals Strategy in which it outlines how it aims to secure supply chains for a range of minerals that are important in the context of the country’s energy security and net zero ambitions.

Thursday 21/07 – The North Sea Transition Authority (NSTA) announces that it has awarded a gas storage licence to Centrica Offshore UK Ltd (COUK) for the Rough site off the East Coast of England in the Southern North Sea.

Wednesday 20/07 – BEIS publishes its Hydrogen Sector Development Action Plan and its Expansion of hydrogen production pathways analysis: import chains.

Tuesday 19/07 – BEIS announces it has opened a £75mn Nuclear Fuel Fund designed to boost production of fuel for reactors. National Grid ESO publishes the target details for Capacity Auction for Delivery Year 2023/24 (T-1) and four year-ahead Capacity Auction for Delivery Year 2026/27 (T-4).

Monday 18/07 – The government opens its consultation on the Review of Electricity Market Arrangements (REMA). National Grid Electricity System Operator (ESO) releases its Future Energy Scenarios (FES) 2022.

Friday 15/07 – Ofgem publishes its annual report and accounts for 1 April 2021-31 March 2022. This includes individual reports covering performance, accountability, and parliamentary accountability and audit.

Thursday 14/07 – BEIS and Ofgem issue a joint consultation on the future ownership of Elexon once the Future System Operator (FSO) has been established.

Wednesday 13/07 – Ofgem publishes a decision to require 12 domestic suppliers to make improvements to their processes for setting customer direct debits.

Tuesday 12/07 – The Scottish Government outlines that it has allocated almost £3bn this financial year to help households face the cost-of-living crisis.

Monday 11/07 – Ofgem announces that Octopus Energy has been appointed as the Supplier of Last Resort (SoLR) for UK Energy Incubator Hub (UKEIH).

Friday 08/07 – BEIS announces that projects across the UK will receive a share of £54.4mn in government funding to develop new greenhouse gas removal (GGR) technologies.

Thursday 07/07 – BEIS publishes the latest auction results of the AR4 Contracts for Difference (CfD) scheme.

Wednesday 06/07 – The government announces the introduction of the Energy Security Bill into Parliament.

Tuesday 05/07 – BEIS publishes a consultation seeking views on the design of a business model for engineered greenhouse gas removal (GGR) technologies.

Monday 04/07 – Ofgem publishes the draft version of the ECO4 guidance New Measures and Products (NMAP) for comment, alongside its ongoing consultation on administration of the ECO4 price control.

Friday 01/07 – Local Government Association (LGA) warns that its analysis shows 3mn ‘fuel poor’ households are having to pay an extra £250 a year on average on fuel bills due to poor insulation.

Written By Graham Paul


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