Balancing Use of System Costs
Balancing Use of System (BSUoS) is a non-commodity charge which acts as a levy to cover the costs National Grid incur as system operator in balancing the electricity...
Optional Downward Flexibility Management (ODFM) & GC143
The Covid-19 Pandemic has brought many changes to our daily lives. As we slowly adjust to our new normal, National Grid ESO (NGESO) is also having to adjust to the nation’s...
DCP 268
DCP 268 is an upcoming regulatory change which is being introduced by Ofgem on 1st April 2021. This will see a modification to the way electricity distribution charges are...
2020 Budget Energy Highlights
The government’s budget includes a number of developments in the energy...
Targeted Charging Review
Ofgem announced on Friday their final decision for the Targeting Charging Review (TCR)....
Suspension of the Secure and Promote Market Making Obligation with Effect on 18/11/2019
In November 2018, Ofgem informed market participants that they should prepare for the suspension of the Secure and Promote Market Making Obligation if the number of parties it...
Climate Change Levy (CCL), All Change: “Short term hike & then fuel rebalancing”
The 1st April brings the introduction of the new higher rate of Climate Change Levy...
Impact of Brexit on Energy Markets
On the 23rd June 2016, the UK voted to leave the European Union by a slim majority of 1.2 million, thus ending the country’s 43-year membership of the...
Ofgem publish response to Supplier Hub Consultation
The energy sector is in a period of great transition, a number of new technologies are making their way to the forefront in both the domestic and non-domestic markets....
Government response on Simplified Energy and Carbon Reporting (SECR)
Government Response on the Consultation on Simplified Energy and Carbon Reporting (SECR) was published on 18th July...
EU ETS Compliance Year 2018
Bringing forward EU Emissions trading system 2018 compliance deadlines in the UK....
Changes to DUoS Charges
Are you aware of the changes to Distribution Use of System charges (DUoS) due to take place from April...
LG Energy Group responds to Ofgem Consultation
LG Energy Group welcomes the opportunity to respond to the Ofgem consultation on Future Supply Market...