Open letter on the Open Networks Project and unlocking flexibility
On Friday 14 July, Ofgem published an open letter emphasising the importance of the Open Networks Project (ONP) for unlocking flexibility.
Ofgem consults on proposed recovery mechanism for FSO transition costs
On Wednesday 21 June, Ofgem published a consultation on funding the transition to the Future System Operator (FSO). The consultation is seeking views on Ofgem’s funding proposals for cost recovery mechanisms that will allow for the Electricity System Operator (ESO), National Grid (NG) and National Gas Transmission (NGT) to recover efficient and economic costs incurred from activities related to the transition to the FSO.
Government proposes legal net zero mandate for Ofgem
As part of the ongoing Energy Bill process, on Tuesday 6 June, the government issued guidance detailing a proposal to amend the existing duties of the Gas and Electricity Markets Authority (Ofgem) in order to provide it with a specific net zero duty which they will have regard to when carrying out their duties.
Regen calls for reform and investment to prepare the network for net zero
Regen published a report on Wednesday 24 May titled Building a GB electricity network ready for net zero, highlighting the urgent need for reform and investment given that lead times for critical low-carbon projects to connect to the grid are now over 15 years.
Open letter on reforming the electricity connections process published
On Tuesday 16 May, Ofgem published an open letter on future reform to the electricity connections process. This follows a recognition that there is a pressing need to prepare the energy system for a significant increase in nuclear power, offshore wind, and solar power generation capacity which will be needed to meet decarbonisation goals and growing electricity demand.
Regen responds to Ofgem’s call on the future of distributed flexibility
Following Ofgem’s recent call for input on the future of distributed flexibility, on Wednesday 10 May Regen published its response, outlining four key recommendations.