he way Britain’s electricity pylons and wires are paid for must be reformed in order to adapt to the UK’s changing power mix, the energy industry lobby has warned. Energy UK is urging the regulator, Ofgem, to conduct a major review of the charges paid by power plants and consumers to fund the electricity networks, as big old power plants shut and there is a boom in smaller plants. The group says the current charging model is unfit for purpose and needs an overhaul “to allow for efficient investment and fair charging for customers”. Failure to do so could saddle consumers with even higher energy bills. Ofgem has acknowledged that small power plants may be “over-rewarded” and is considering cutting the benefits that they enjoy. However, it is so far resisting Energy UK’s call for a thorough review of the entire system.
Telegraph 15th Oct 2016 read more »