Prime Minister Theresa May has announced that the UK has committed to cut greenhouse gas emissions in the UK to almost zero by 2050.
Regulators have allowed water, energy, broadband and telephone networks to overcharge customers by £24.1 billion over the past 15 years, according to research carried out by Citizens Advice.
National Grid's head of regulatory finance, Darren Pettifer, says that Ofgem's plans to slash in half the returns that energy networks can earn could put at risk a once in a generation opportunity to transform the energy system, and prevent longer-term...
Citizens Advice has urged Ofgem to take action against two unnamed network companies to enable the regulator to lower the allowances for the cost of debt under the RIIO framework.
Energy regulator Ofgem has approved a proposal by Scottish and Southern Energy Networks (SSEN) to build a 600MW subsea electricity transmission link from Shetland to mainland Scotland.