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Energy weekly highlights—19 May 2022

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Published on: 19 May 2022

Published by a LexisNexis Energy expert

Table of contents

Electricity and gas market regulation and licensing
Ofgem publishes decision on changes to Market Stabilisation Charge
Ofgem launches minded-to consultation on quarterly updating of energy Price Cap
Ofgem accepts modification to Distribution Connection and Use of System Agreement
Ofgem accepts modification to the Smart Energy Code
Ofgem accepts modification to the Uniform Network Code
Ofgem publishes decision on BSC changes for Switching SCR (REC 3.0)
Ofgem publishes decision on licence changes for the Switching SCR consultations
Ofgem publishes direction on modifying the RIGs
Ofgem updates guidance on licence fee cost recovery

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Article summary

This week's edition of Energy weekly highlights includes Ofgem’s decisions on changes to the Market Stabilisation Charge, its consultation on the quarterly updating of the energy price cap, BEIS’ five-year review of the Energy Act 2013 assessing the CfD scheme and TA arrangements, a published briefing from the House of Commons Library on the EU’s dependency on Russian gas, and the European Commission’s new REPowerEU Plan intended to transform the EU energy system.

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