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Industry News Roundup March 2023

Friday 31/03 – The High Court rejects the legal challenge by British Gas, Scottish Power and E.ON UK which claimed that the government’s handling of the sale of Bulb’s customer base to Octopus Energy resulted in decisions that were “unlawful” under Public Law Grounds.

Thursday 30/03 – Energy Security Secretary Grant Shapps sets out plans to strengthen GB’s long-term energy security and independence through the publication of Powering Up Britain.

Wednesday 29/03 – The Climate Change Committee publishes its report to Parliament detailing a lack of climate preparation from the UK Government.

Tuesday 28/03 – Ofgem publishes its Final Determinations for the Electricity Systems Operator’s second business plan (BP2). BP2 will cover the two-year period from 1 April 2023 to 31 March 2025.

Monday 27/03 – DESNZ announces that over 94,000 prepayment meters (PPMs) were forcibly installed in households under warrant through 2022. The National Infrastructure Commission published its annual Infrastructure Progress Review, which highlights continued growth in renewable electricity.

Friday 24/03 – Ofgem publishes its follow up consultation to its February 2023 consultation on the removal of the Default Tariff cap end date from supplier Standard Licence Conditions and extension of the cap models to 2030.

Thursday 23/03 – The government publishes the outcome of its future ownership of Elexon consultation, which ran from 14 June to 22 September 2022, following the decision in April 2022 to establish the Future System Operator.

Wednesday 22/03 – The government announces that it will provide £1.8bn in funding through the Social Housing Decarbonisation Fund and Home Upgrade Grant to improve the energy efficiency and reduce the emissions of social homes and public buildings.

Tuesday 21/03 – DESNZ and BEIS publish their quarterly statistics on the roll-out of smart meters in GB, covering both operating and installed meters.

Monday 20/03 – As part of its sixth assessment cycle, the Intergovernmental Panel on Climate Change (IPCC) publishes its AR6 (Sixth Assessment Report) synthesis report.

Friday 17/03 – Ofgem publishes it minded-to decision to reject proposals CP357, CP358, CP360 and CP367, with the support of the Capacity Market Advisory Group (CMAG), without consultation.

Thursday 16/03 – The government announces a total budget of £205mn for the fifth allocation round (AR5) of the Contracts for Difference (CfD) scheme.

Wednesday 15/03 – The UK Government publishes its Spring Budget 2023 confirming that the current level of the Energy Price Guarantee (EPG) will be maintained at £2,500 through April to June.

Tuesday 14/03 – Ofgem publishes a letter sent to the Chancellor of the Exchequer, providing an update on the evidence gathered so far in its review of the non-domestic market.

Monday 13/03 – DESNZ issues a consultation on its proposals for updates to the 2009 Carbon Capture Readiness requirements.

Friday 10/03 – The government announces that the UK and French governments have signed a new deal to help both nations achieve greater energy security by moving away from fossil fuels and towards renewables and nuclear power.

Thursday 09/03 – The Climate Change Committee publishes a new report, Delivering a reliable decarbonised power system.

Wednesday 08/03 – Citizens Advice announces it is calling on the UK Government to introduce an energy social tariff by 2024 to provide support to people struggling as a result of high energy bills.

Tuesday 07/03 – DESNZ and BEIS publish the responses to its consultation on its review of electricity market arrangements (REMA).

Monday 06/03 – The government announces that four new projects have been awarded funding, as part of the Evaluation Task Force’s Accelerator Fund, to help test and evaluate new approaches within government.

Friday 04/03 – Ofgem publishes its decision to reject DCP409 Change to Credit Cover Calculations to Include Last Resort Supply Payment.

Thursday 02/03 – DESNZ awards over £9.7mn to make heat pumps cheaper and easier to install as part of government efforts to accelerate the rollout.

Wednesday 01/03 – The National Audit Office (NAO) issues a report in which it examines the main challenges that the Department for Energy Security & Net Zero (DESNZ) faces to decarbonise power.

Written By Graham Paul


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