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A round up of key developments in the energy sector covered by LexisPSL Energy. This week’s edition of Energy highlights includes analysis of the Offshore Wind Sector Deal (the Sector Deal), the split of the system operator (SO) and transmission owner (TO) roles previously held by National Grid Electricity Transmission plc (NGET) and an updated charging scheme for the EU Emissions Trading System (EU ETS).
The National Grid has announced that as of 1 April 2019, the National Grid Electricity System Operator (NGESO) became a separate legal entity within the National Grid Group, separating the system operator (SO) and transmission owner (TO) roles previously held by National Grid Electricity Transmission plc (NGET). NGESO takes on the role of SO, while NGET will continue to act as TO. See: LNB News 03/04/2019 16.
SEE Energy Services, SSE’s domestic retail business, has agreed to pay £700,000 to Ofgem’s consumer redress fund—administered by the Energy Savings Trust—after missing gas smart meter roll-out targets in 2018. Suppliers are required by law to take all reasonable action to roll-out smart meters by the end of 2020. SSE met its electricity smart meter 2018 target but missed its gas target by two months. Ofgem will not be taking formal action against SSE due to the steps it has taken. See: LNB News 03/04/2019 15.
Energy analysis: Scott McCallum, partner at Shepherd and Wedderburn LLP, discusses the background to the government’s recently announced Offshore Wind Sector Deal (the Sector Deal) and assesses the commitments it makes, what it means for the UK offshore sector, and its likely impact. See News Analysis: Offshore Wind Sector Deal—building sustainability.
The Nuclear Decommissioning Authority (NDA) has published its 2019 t
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