Ofgem fine National Grid over metering competitiveness
Ofgem imposes at £41m fine on National Grid. NG have entered into uncompetitive contracts allegedly as the big six signed up to smart metering contracts with capped customer numbers. Ofgem state that this is anticompetitive because those not signed up miss out and the energy companies have no where else to trade
21 January 2008
Ofgem cover their backs by writing to the ERA, who not surprisngly respond with a "Who me?" attitude. read more...
14 January 2008
Although the headline suggest that the big six get together and set price, in reality it is unlikely that they actually do. read more...
05 June 2006
RWE and E.On rumoured to be being hauled over the coals for collusion but there is much more to come. read more...
17 February 2006
Commissioner shows teeth and the big players will be aware that they are in for a rough ride in the next couple of months. Overall this will put bearish pressure on prices. read more...
07 April 2005
Customers deliver super complaint but are not entirely blameless. read more...
October -What to Expect
October is a month to identify some good value purchasing opportunities. History suggests we will see prices slip through the month before the real winter drivers kick in. read more...
03 October 2011
October is a month to identify some good value purchasing opportunities. History suggests we will see prices slip through the month before the real winter drivers kick in. read more...
Shale Gas - Latest UK estimates suggest enough for next 11 years
Cuadrilla Resources, the company at the forefront of Britain's Shale gas exploration released its first estimates of the amount of shale gas contained in the rocks of Lancashire. At 200 trillion cubic feet, the estimates are significant to say the least. read more...
22 September 2011
Cuadrilla Resources, the company at the forefront of Britain's Shale gas exploration released its first estimates of the amount of shale gas contained in the rocks of Lancashire. At 200 trillion cubic feet, the estimates are significant to say the least. read more...
Gas Imports Keep the System Balanced
Two GBAs in one week, use of Interruptible Supply Contracts and record temperatures but the system remains balanced and gas prices even drop during trading. read more...
08 January 2010
Two GBAs in one week, use of Interruptible Supply Contracts and record temperatures but the system remains balanced and gas prices even drop during trading. read more...
Gas Balancing Alert Issued
National Grid issues a rarely used Gas Balancing Alert following both supply and demand pressures. With severe weather warnings in place and freezing temperatures set to continue, will this be the last of the GBAs? read more...
05 January 2010
National Grid issues a rarely used Gas Balancing Alert following both supply and demand pressures. With severe weather warnings in place and freezing temperatures set to continue, will this be the last of the GBAs? read more...
EdF enters the world of competition..
EdF has capitalised on competitive energy markets across Europe, not least in the UK, while at the same time enjoying a dominant, competition free, environment at home in France. It looks as though the EC has finally caught up with them... read more...
05 November 2009
EdF has capitalised on competitive energy markets across Europe, not least in the UK, while at the same time enjoying a dominant, competition free, environment at home in France. It looks as though the EC has finally caught up with them... read more...
Two Years On...
This week marked the 2nd Anniversary of the collapse of Lehman Brothers, perhaps the most significant collapse of the banking crisis. Ironic perhaps then that the anniversary coincided with the publication of stricter international banking rules requiring banks to hold larger cash reserves. How will these banking regulations impact energy companies? read more...
17 September 2010
This week marked the 2nd Anniversary of the collapse of Lehman Brothers, perhaps the most significant collapse of the banking crisis. Ironic perhaps then that the anniversary coincided with the publication of stricter international banking rules requiring banks to hold larger cash reserves. How will these banking regulations impact energy companies? read more...
Falling Wholesale Prices but what about the tariffs?
Even though the power wholesale market is following the falls seen in gas (Winter 09 Baseload closed the week down £0.20MWh at £38.70), and is now at levels where supplier tariffs must be under pressure, any tariff reduction announcements are unlikely to be made anytime soon. read more...
18 September 2009
Even though the power wholesale market is following the falls seen in gas (Winter 09 Baseload closed the week down £0.20MWh at £38.70), and is now at levels where supplier tariffs must be under pressure, any tariff reduction announcements are unlikely to be made anytime soon. read more...
Who will have the last laugh on the Green Agenda?
The Government’s announcement last week on the projected state of the UK energy industry is interesting and informative and demonstrates their willingness to impose a green agenda - but at what cost? read more...
24 July 2009
The Government’s announcement last week on the projected state of the UK energy industry is interesting and informative and demonstrates their willingness to impose a green agenda - but at what cost? read more...
Ofgem enquiry completed
Ofgem have completed their competition probe and not really delivered for business. read more...
18 March 2009
Ofgem have completed their competition probe and not really delivered for business. read more...
Imera secures new inter connector
Imera an Irish consortium has secured a good growth opportunity for 2011. read more...
07 December 2008
Imera an Irish consortium has secured a good growth opportunity for 2011. read more...
Does a bankers pension affect the UK power market?
As Fred Goodwin the departed RBS chief exec weathers the media storm over his pension pot, Powerisk asks if his decisions are affecting the power market. read more...
27 February 2009
As Fred Goodwin the departed RBS chief exec weathers the media storm over his pension pot, Powerisk asks if his decisions are affecting the power market. read more...
Referral to Competition Commission Called For
Allan Asher, CEO of Energywatch, claims that the energy regulator Ofgem is failing by not referring the UK energy markets to the Competition Commission. read more...
21 May 2008
Allan Asher, CEO of Energywatch, claims that the energy regulator Ofgem is failing by not referring the UK energy markets to the Competition Commission. read more...
EU unbundling bungled
EU still voting on how to unbundle the energy companies of Europe. read more...
29 February 2008
EU still voting on how to unbundle the energy companies of Europe. read more...
Ofgem investigates
Finally an competition enquiry into the energy market has begun. read more...
21 February 2008
Finally an competition enquiry into the energy market has begun. read more...
Ofgem question ERA
Ofgem cover their backs by writing to the ERA, who not surprisngly respond with a "Who me?" attitude. read more...
21 January 2008
Ofgem cover their backs by writing to the ERA, who not surprisngly respond with a "Who me?" attitude. read more...
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