Energy weekly highlights—8 August 2019

Energy weekly highlights—8 August 2019

This week's edition of Energy weekly highlights includes the publication of the Department for Business, Energy and Industrial Strategy’s (BEIS) Keeling Schedules which explain the technical amendments to the Capacity Market and the Office of Gas and Electricity Markets’ (Ofgem) report on its regulated requirement to review the first five years of the Capacity Market Rules (the Rules). Ofgem has also published its 2019 National Report to the European Commission on the state of the UK energy market, a consultation on the twelve re-opener submissions received during May 2019 application window as well as a policy paper which sets out its regulatory priorities and approach to distribution system operation (DSO). Also this week, the widest range of companies and organisations ever assembled in support of onshore wind has called for the new Energy Minister, Kwasi Kwarteng to support the development of new onshore wind farms, and a report on Exercise Shen has been published outlining the objectives of the operation and recommendations based on observations.

Electricity and gas market regulation and licensing

Ofgem’s 2019 National Report stresses continued commitment to working with European regulators

Ofgem has published its 2019 National Report to the European Commission on the state of the UK energy market. The report covers developments and regulation, as well as the continuing compliance of UK energy markets with EU electricity and gas directives. See: LNB News 01/08/2019 18.

Ofgem consults on funding proposals for energy network company requests

Ofgem has opened a consultation on proposed decisions for requests by energy network companies to adjust their funding under the RIIO-ED1 price control, which runs from 2015–2023. This follows 12 funding requests with a total value of £322m. Ofgem proposes allowing network companies to recover approximately £75m and refusing approximately £247m of funding requests. The deadline for responses is 30 August 2019. See: LNB News 02/08/2019 14.

Ofgem promises increased customer input and competition in future strategy

Ofgem has set out its regulatory priorities and approach to DSO in a position paper, which it has also opened for consultation. Among its priorities, Ofgem has highlighted increasing activity, coordination and the efficiency of the DSO, to keep up with a distribution system which is being moul

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