Ofgem

🚨NEW: world-first government partnership with British fusion venture capital fund. We're investing £20 million into Starmaker One to help fusion businesses grow and unlock £100 million of private sector investment. A breakthrough in fusion technology will provide near-limitless, clean energy and allow the UK to export to a global fusion market worth trillions of pounds. This will help make the UK a clean energy superpower as part of the Plan for Change, grow the economy and create high skilled jobs. Learn more ⬇️ https://lnkd.in/gWph23Z2

Yesterday, our Chair Mark McAllister visited both the Waltham Cross and Brimsdown infrastructure projects, hosted by National Grid. This visit highlighted the Hackney Waltham Uprating Project (HWUP). HWUP, an ASTI project approved by Ofgem, aims to enhance the country’s energy infrastructure by 2027-2028, supporting increased clean energy generation. Ofgem will continue to work with National Grid, the Department for Energy Security and Net Zero, and other partners as these projects progress to ensure that value for money and quality of work is delivered throughout 🤝 #Ofgem #NationalGrid #Energy #Infrastructure #CleanEnergy

April marks #EarthMonth 🌍 We remain committed to supporting a lower-carbon sector by faciliating the safe development of new technologies, tracking environmental progress, and supporting airspace modernisation to help reduce emissions and noise. By working with Government, industry, and consumers, we’re enabling aerospace to evolve towards a more sustainable future. How we’re driving change 👇

🏪 New measures have come into effect effect that will provide #businesses with better support on #energy issues, helping them to become more #EnergyAware. These include: 🟠 Energy brokers/third-party intermediaries working on small business contracts need to be signed up to a qualifying dispute settlement scheme (QDSS) 🟠 Suppliers need to signpost small business customers to Citizens Advice for enhanced guidance in managing their energy provisions 📽️ Watch for more on how we are protecting non-domestic customers 👇

Following a public consultation, Ofgem has confirmed the activities we should undertake as Regional Energy Strategic Planner (RESP) for Great Britain. As the RESP, we’ll join up national and local energy plans across Scotland, Wales and nine regions in England to ensure local communities can help plan the energy infrastructure needed to enable their plans for economic growth and net zero. We’ll adopt a whole system approach by working across all energy vectors, including electricity, gas, heat and transport, to drive local energy network investment and deliver secure, affordable, clean energy for consumers, homes and businesses across Great Britain. Read more:  https://bit.ly/423Db3m 💻 Ofgem are hosting a webinar for the Regional Energy Strategic Planner (RESP) Policy Framework Launch tomorrow at 10am. To join the session, register here: https://bit.ly/4lkNk4P 

🌆 By the end of 2027, energy plans will be in place for every city, town, and village across Great Britain. Ofgem has given the green light for the plans to be drawn up for Scotland, Wales and nine regions in England by the independent National Energy System Operator (NESO). 🌍 These Regional Energy Strategic Plans (RESPs) will outline steps to secure energy supply, meet rising electricity demand, and pave a cost-effective path to net zero. They will coordinate local energy expansion, clean power generation, and infrastructure for decarbonising heating, transport, industrial clusters, and hydrogen plants. This integrated approach to national and regional energy planning aims to ensure sufficient network capacity to support decarbonisation and new economic activities like data centres. 🔗 https://ow.ly/jHeV50VsVp7 #EnergyFuture #NetZero #CleanEnergy #Sustainability #GreatBritain

⚡ Paving the way for digitisation of the energy sector! Following a public consultation on the future governance of data sharing infrastructure (DSI) in the energy sector, Ofgem has appointed National Energy System Operator as the coordinator of Data Sharing Infrastructure. This appointment is a significant step towards enhancing data availability and digitalisation within the energy sector. NESO will work closely with Ofgem, industry, and government to design and implement the Data Sharing Infrastructure. The initial focus will be on establishing a secure and interoperable framework for seamless data exchange. 📖 Read more here: https://ow.ly/aIyq50Vsq2i 📽️ Or watch our Deputy Director for Strategy Marzia Zafar explain

⚠️Rebel Energy UK is ceasing to trade. If you're a customer, you don't need to worry. While this process happens: 🟠 Rebel Energy will continue to supply your energy 🟠 Your credit balance is protected What to do if your supplier goes out of business 👇 https://ow.ly/XYr550Vsl8C

The Renewables Obligation (RO) scheme has been vital for renewable electricity in Great Britain and Northern Ireland, providing millions with clean, secure energy and driving us closer to net zero. Since its launch, the RO has significantly contributed to the UK's renewable energy landscape. 🌍 In Scheme Year 22 (SY22), we audited 257 generating stations to ensure compliance and proper use of public funds. This included 50 targeted audits and 207 statistical audits. 🌍 We issued 107.4 million Renewables Obligation Certificates (ROCs) to eligible renewable electricity generators in SY22, slightly down from 108.3 million in Scheme Year 21. These ROCs were based on 78.2 GWh of eligible electricity generated by 26,610 accredited stations with a total generation capacity of 35.4 GW. 🌍 The electricity generated under the RO in SY22 accounted for 31.5% of the total UK electricity supply market. When combined with generation from the Feed-in Tariffs (FIT) and Contracts for Difference (CfD) schemes, this figure rises to 43.8%. The RO continues to play an important role in ensuring a sustainable and secure energy future for the UK. https://lnkd.in/ejPPSKhk #RenewablesObligation #CleanEnergy #NetZero #Sustainability #Energy

💻 The Regional Energy Strategic Plan (RESP) team at Ofgem will be hosting a webinar for the RESP Policy Framework launch on 3 April from 10 to 11am. They will be joined by experts from NESO, Regen, and the NIC to discuss the key priorities for RESP development moving forward. This is a fantastic opportunity to gain insights and ask questions directly to our panel and Ofgem colleagues via the Q&A function. Panel members joining: 🟠 Poppy Maltby - Head of Local Energy at Regen 🟠 Bridget Hartley - Head of Regional Energy Strategic Planning at National Energy System Operator 🟠 Luke Sweeney - Senior Policy Adviser at National Infrastructure Commission Sign up 👇 https://ow.ly/op1t50Vqlqi