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OFGEM

Payments to suppliers over £25,000 August 2020

[unable to retrieve full-text content]This document shows Ofgem’s supplier payments over £25000 for August 2020
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OFGEM

SECMP088- Power to raise modifications

[unable to retrieve full-text content]We have rejected this modification to the Smart Energy Code (SEC).
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OFGEM

Revision of Overrun Charge Multiplier: Decision (UNC 716/A)

[unable to retrieve full-text content]The Authority’s decision on modification proposal UNC716/A: Revision of Overrun Charge Multiplier.
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OFGEM

Call for evidence on ESO mid-year performance

Stakeholder views are a key component of the criteria that will be used to assess the ESO’s performance as part of its regulatory and incentives framework. We want to pool the knowledge and experience of a wide array of industry parties and independent experts in order to gain a comprehensive picture of the ESO’s performance.

We are publishing this call for evidence to request stakeholders’ feedback on the ESO’s performance across all of its roles and responsibilities from April 2020 to date. Feedback we receive will feed into the mid-year review process.

We would appreciate feedback and evidence by 16 October, but we understand the additional resource pressures facing all market participants at present. We will therefore seek to consider any evidence received (written or informal) by the end of October and have outlined further details in this letter.

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OFGEM

Eni Trading & Shipping SpA- Notice of proposed transfer of a gas shipper licence to Eni Global Energy Markets SpA

Notice under section 8AA(9) of the Gas Act 1986 (as amended) of the proposed transfer of a Gas Shipper licence held by Eni Trading & Shipping SpA to Eni Global Energy Markets SpA

The Gas and Electricity Markets Authority (‘the Authority’) hereby gives notice pursuant to Section 8AA(9) of the Gas Act 1986 (as amended) (‘the Act’) as follows:

1. Eni Trading & Shipping SpA (company registration number RM1174612 and fiscal code 09598861004), the registered office of which is 1 P.Le Enrico Mattei, Roma, 00144, Italy, has written to the Authority seeking its consent under Section 8AA of the Act  to the transfer of the Gas Shipper licence granted to Eni Trading & Shipping SpA pursuant to section 7A(2) of the Act to Eni Global Energy Markets SpA (company registration number 11076280962), the registered office of which is at 1 P.Le Enrico Mattei, Roma, 00144, Italy.

2. The Authority proposes to grant consent to the proposed licence transfer which, subject to our consent, is currently proposed to take place on 1 January 2021, for the following reasons:

(i) Eni Trading & Shipping SpA has applied to the Authority under Section 8AA of the Act for the Authority’s consent to the transfer of its gas shipper licence to Eni Global Energy Markets SpA; and

(ii) The Authority is satisfied that it would have been appropriate to grant a Gas Shipper licence to Eni Global Energy Markets SpA had Eni Global Energy Markets SpA applied to the Authority for such a licence and as such considers that it is appropriate to consent to a transfer of an existing Gas Shipper licence to Eni Global Energy Markets SpA.

3. Any representations or objections in relation to the proposal by the Authority to grant consent to the proposed licence transfer should be made in writing no later than 17 November 2020 to the Authority, either:

by post to: the Gas and Electricity Markets Authority at 10 S Colonnade, Canary Wharf London, E14 4PU marked for the attention of the Industry Codes and Licensing team or by email to: licensing@ofgem.gov.uk.

Lesley Nugent

Duly authorised on behalf of the Authority

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OFGEM

Smart Systems Forum Slides: 9 September 2020

[unable to retrieve full-text content]These are the slides presented at the Smart Systems Forum on the 9th September 2020.
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OFGEM

RIIO-ED1: Losses Discretionary Reward Decision for tranche three, 2020

In March 2020, we received five submissions for tranche three of the Losses Discretionary Reward (LDR). The LDR aims to encourage DNO groups (DNOs) to undertake additional actions to better understand manage electricity losses on their networks.

The third tranche of the LDR rewards DNOs for specific actions they have undertaken, and concurrent improvements they have made in their understanding of losses following on from tranches one and two. The third tranche also includes an assessment of losses management achievements and preparations for the RIIO-ED2 price control.

The LDR is worth up to £32 million across all DNOs, spread over three tranches during RIIO-ED1. In tranche one, we awarded £3.8 million in total across the six DNO groups. Tranche two was worth up to £10 million; however, no reward was given. Tranche three is worth up to £14m.

This decision document sets out the reasons for our decision on each submission.

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OFGEM

Reviewing the potential impact of COVID-19 on the default tariff cap: September 2020 policy consultation

This policy consultation sets out our initial thinking on how the COVID-19 crisis might have impacted suppliers’ costs, whether we should adjust the default tariff cap (“the cap”), and if so, how.

We consider all the costs elements within the cap, and the impacts on serving both credit and PPM customers. We also discuss the different ways we could make any required adjustment, and when.

If you wish to respond to this consultation, please send your views to retailpriceregulation@ofgem.gov.uk by Monday 12th October 2020

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OFGEM

Sunnica Limited- Notice of application for an electricity generation licence

Sunnica Limited hereby gives notice that it has made an application to the Gas and Electricity Markets Authority for an electricity generation licence.

The closing date for comments on this licence application is 9 October 2020. Please contact Licensing@ofgem.gov.uk.

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OFGEM

FAQ: FIT scheme closure

On 18 December 2018 the government laid legislation which will close the FIT scheme to new applicants from 1 April 2019, barring some exceptions.

This FAQ helps to explain the implications of these legislative changes for applicants.

In September 2020, the government amended legislation extending the validity periods for preliminary accreditations and pre-registrations which expire after 1 March 2020.  This document has been updated to reflect these changes.