Ofgem is the independent regulator of Great Britain's gas and electricity markets. It sets the household price cap and oversees grid connection rules.
Ofgem is consulting on reviving a charge that would make suppliers pay rivals 85% of a wholesale price drop when they win customers from them. It applies only after a fall of more than 10%, and Ofgem says the aim is to stop suppliers going bust this winter.
Reality
Salience Labs, an Oxford chip startup, raised $125m in a Series B led by Bullhound Capital that included AMD Ventures and Intel Capital. City AM reports the switches could reduce power consumption but gives no measured figure.
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UK ministers have promised to regulate heating oil, a market 1.5 million households depend on, after prices nearly doubled in a year. The BBC reports no start date for the stricter rules and no sign of a price cap, so customers enter winter with the protections already in place.
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Energy UK wants government help in place before January, when Cornwall Insight expects the typical capped household bill to reach £1,999, up about 16%. Its chief executive says help put together after the rise arrives would be worse targeted and cost more.
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Nscale's 90MW Essex datacentre may lack grid power until the early-to-mid 2030s, years after its planned 2027 start. The date depends on national transmission work outside the company's control, and Nscale is preparing a US listing.
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The UK grid connection queue went from 41GW to 125GW while land and planning gates were already in force. Ofgem's answer is a nonrefundable fee, at a price not yet set.
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The East Havering application concedes non-alignment with net zero by 2050 while projecting more than 72m tonnes of CO2e over 60 years. The conflict is now on the record.
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