Energy news in general

Scot_39

Did anyone read the reports into UKs failed energy companies ?

And the criticisms piled onto Ofgem for their failures and as it mentions net zero - suspected areas of weakness going forward on the net zero issue.

https://committees.parliament.uk/committee/127/public-accounts-committee/news/174285/pac-ofgem-failures-come-at-considerable-cost-to-energy-billpayers/

Several other reports exist making the same criticisms.

Spies

Surprise - the company responsible for dishing out licenses willy-nilly don't foot the bill for their failings

I don't think its at all fair that these national authorities never actually bare any risk, they screw up, the tax payer ends up having to pay the price

debitcardmayhem

more good news,not. The pound is down about 4.5% against US$ in the last month, not good for LNG imports, also circa 2% down vs EURO

QrizB

Spies said:

Surprise - the company responsible for dishing out licenses willy-nilly don't foot the bill for their failings

They were just following orders. Government wanted lower barriers to market entry, to shake things up.

Things were definitely shaken up.

victor2

QrizB said:

Spies said:

Surprise - the company responsible for dishing out licenses willy-nilly don't foot the bill for their failings

They were just following orders. Government wanted lower barriers to market entry, to shake things up.

Things were definitely shaken up.

Doesn't a body like Ofgem need somebody in charge who understands what he is responsible for, and actually questions government orders, rather than follow them blindly? Of course, I don't suppose he'd hold his post for long if he did that...

QrizB

victor2 said:

QrizB said:

Spies said:

Surprise - the company responsible for dishing out licenses willy-nilly don't foot the bill for their failings

They were just following orders. Government wanted lower barriers to market entry, to shake things up.

Things were definitely shaken up.

Doesn't a body like Ofgem need somebody in charge who understands what he is responsible for, and actually questions government orders, rather than follow them blindly? Of course, I don't suppose he'd hold his post for long if he did that...

Ofgem is wholly controlled by the Department of Energy (in whatever guise they happen to be at the time). It exists to implement government policy. They can object quietly but publicly contradicting your boss is a good way to be replaced.

victor2

Think we're getting political now! 

superkoopauk

From the Ofgem website 

"We are a non-ministerial government department and an independent National Regulatory Authority"

Ildhund

Published yesterday: Developing an energy smart data scheme - GOV.UK 

"We're seeking views on the potential for developing a Smart Data scheme in the energy sector."

If you can understand the questions, you're invited to complete the survey: Developing an energy smart data scheme: call for evidence.

mmmmikey

Ildhund said:

Published yesterday: Developing an energy smart data scheme - GOV.UK 

"We're seeking views on the potential for developing a Smart Data scheme in the energy sector."

If you can understand the questions, you're invited to complete the survey: Developing an energy smart data scheme: call for evidence.

At the risk of sounding cynical I think we're living in an age where a complete lack of understanding of the subject matter is not a barrier to having a strongly held view on something