Podcasts about ofgem

We report from Parliament as the Minister for Energy Consumers and the regulator Ofgem face questions from MPs about the banned process of back-billing. That's when energy suppliers wrongly send new bills for energy use longer than 12 months ago. We'll get reaction from Labour MP Bill Esterson who is the Chair of the House of Commons Energy Security and Net Zero committee, which sat on Wednesday.And the biggest shake-up to benefits in a decade was announced by the government this week. It hopes the changes will ultimately save it five billion pounds a year from a benefits bill which Work and Pensions Secretary Liz Kendall told Parliament was 'a failing system that is currently not sustainable'. She proposed major changes to some benefits, what will this mean in practice?Presenter: Paul Lewis Reporters: Dan Whitworth and Eimear Devlin Researcher: Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 22nd March 2025)

This week Wood provided updates on Sidara's proposed £250 million takeover, NESO declared war on zombies in the grid queue, and Equinor and Orsted warned of the impacts of wake loss. Aberdeen-headquartered Wood received a non-binding takeover bid from Dubai-based rival Sidara worth £250m, a significant drop-off compared to last year's £1.5 billion bid. Our reporters discuss this, Wood's shares being suspended and them impacts of yet another Scottish company being bought over by international competitors.  Next up, the UK's National Energy System Operator (NESO) unveiled plans to get rid of 'zombies' from the grid queue in a collaboration with regulator Ofgem. This could see up to 360GW of projects on the current queue have their contracts downgraded because they are not ready. What does this mean and is it a result of too much dithering from the UK? Finally, European energy giants Equinor and Orsted have said offshore wind revenues could take a £363m hit due to other projects getting in the way of their turbines. Although those in the Tour de France peloton don't mind the frontrunner taking the brunt of the wind resistance, turbine operators do. Does industry need to share its survey results so all can benefit from the North Sea breeze? 

Westminster was recalled last Saturday for and an emergency bill to save British Steel's Scunthorpe plant became law. It took around six and a half hours in total for Parliament to pass the legislation and the King to approve it.  Sir Keir Starmer said "We are acting to protect the jobs of thousands of workers, and all options are on the table to secure the future of the industry".We ask where was this urgency and commitment over Grangemouth, and Port Talbot steel works.Lesley questions the casual way every commentator accepts that energy prices in Britain are 50% higher than Germany and double the price of the United States. Ofgem has announced a change in the queuing regulations for wind and solar farms to eliminate so called "Zombie projects" and speed up the process of getting real projects up and running. Great news but have we been here before?Find Out Now has released results from an opinion poll carried out for The National  showing a rise in support for Scottish independence. We drill down into the poll and its potential significance.Ash Regan of Alba has issued a call for a cross party pro independence convention before next year's Holyrood elections. We look at the response from the SNP and the Greens.Meanwhile the Greens appear to be caught up in internecine conflict which doesn't seem to have been calmed down by its recent conference.The 15th of April is the 36th anniversary of the Hillsborough disaster which saw 97 Liverpool football supporters losing their lives.Starmer promised that the Hillsborough Law would be enacted by today. What was in that draft law? What has stalled its progress? What does the failure tell us about this Labour government and Starmer?Pat is still recovering from the nerve shredding final round of The Masters golf in Augusta and his beloved Dundee United achieving a top 6 finish in their first season back in the top flight. This doesn't stop him from talking about them both though and wondering why sport can grip even the most rational of us so fiercely.There's still a chance to catch Lesley's Denmark movie. To check out where it's showing click the link belowhttps://lesleyriddoch.com/events ★ Support this podcast ★

In this week's episode of The Future of Security Operations podcast, Thomas is joined by Mollie Chard. Mollie's career spans 10+ years in technical SOC and leadership roles at organizations like the UK's Met Office, Capgemini, and OVO. She's recently accepted a new role as Head of Cyber Guidance & Monitoring at Ofgem, the UK's Office of Gas and Electricity Markets. A passionate advocate for diversity, she's also the Chief Advisor for Women in Cybersecurity UK and Ireland. In this episode: [02:00] Mollie's journey from arts graduate to security leader [04:00] Her previous role developing emerging security talent for CIS UK [05:00] Tips and techniques for hiring diverse talent [11:20] The problem with management being the default career path [15:25] The biggest tech mistake that budget-strapped companies make [19:23] Solving unique systems and operational technology challenges in the energy sector [21:30] The ethical considerations and impact of AI for security and other industries [27:30] Making space in boardroom discussions for diversity and how it can enhance resilience [32:00] How to stay aligned when working with remote or dispersed team [35:00] What Mollie thinks cybersecurity will look like in five years [37:00] AI as a threat to human cognitive abilities within and beyond security [42:40] Connect with Mollie The Future of Security Operations is brought to you by Tines, the orchestration, automation, and AI platform that powers some of the world's most important workflows.  Where to find Mollie: LinkedIn Medium Substack Where to find Thomas Kinsella: LinkedIn Tines Resources mentioned: Capslock Bootcamp UK Department for Work and Pensions's Disability Confident employer scheme More career growth tips from Mollie on the Trident Talks podcast

From April water bills for millions of households in England and Wales will go up by record amounts. Exactly how much more you'll pay will depend where you live but, on average, bills will increase by more than £10 per month meaning a total average cost of over £600 a year. What can you do if you're struggling with those bills?There's just a month left for people in the process of buying a home in England and Northern Ireland to complete the sale before stamp duty rises on April the first. Some estimates suggest there could be tens of thousands of buyers who will miss that deadline by just a few days. What can you do if you're trying to hit that deadline?Train fares in England and Wales will go up on Sunday. At the same time, most railcards, which give you cheaper fares in England Wales and Scotland, will cost you more. We'll have more on that.And energy prices will also go up in April. We'll take a look at the issue of standing charges. Why do they vary regionally, and how might Ofgem's proposals to reform them work?Presenter: Paul Lewis Reporters: Dan Whitworth and Haider Saleem Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 1st March 2025)

The energy regulator Ofgem says suppliers must take urgent action to find out how widespread a problem back billing is. It's when suppliers send out new bills for electricity and gas from longer than 12 months ago, a practice that was banned in 2018. The development follows Money Box's investigation which discovered thousands of people have wrongly been receiving back bills. Paul Lewis interviews Tim Jarvis, Director General of Markets at Ofgem.And unspent pension pots will be subject to inheritance tax from 2027. This change, announced by Rachel Reeves in the Autumn Budget, means most unused pension funds will be included within the value of a person's estate for Inheritance Tax purposes from 6th April 2027. Money Box has been getting lots of emails from listeners who're now reconsidering their financial planning and are worried and upset about the new rules. The Treasury told us it continues to incentivise pensions savings for their intended purpose of funding retirement instead of them being openly used as a vehicle to transfer wealth. But how will the new rules work?Presenter: Paul Lewis Reporters: Dan Whitworth and Sarah Rogers Researcher: Eimear Devlin Editor: Jess Quayle(First broadcast 12pm Saturday 22nd February 2025)

In this week's episode, we delve into the fast-evolving landscape of battery energy storage systems (BESS) ahead of inspiratia's Energy Storage Summit on 27 March in London, from Italy's long-delayed but now-confirmed MACSE Auctions to the latest UK capacity market results.We also bring you an update on the UK's Long Duration Energy Storage (LDES) cap-and-floor scheme details released by Ofgem and DESNZ, and dive into the UK's Planning and Infrastructure Bill, asking what it means for unlocking grid connections and streamlining major project approvals.Register for the Energy Storage Summit hereHosted by:Oliver Carr - Head of Data AnalysisAishwarya Harsure - Analyst Ashkenaz A.L. - Senior ReporterSend us a textReach out to us at: podcasts@inspiratia.comFind all of our latest news and analysis by subscribing to inspiratiaListen to all our episodes on Apple Podcasts, Spotify, and other providers. Music credit: NDA/Show You instrumental/Tribe of Noise©2025 inspiratia. All rights reserved.This content is protected by copyright. Please respect the author's rights and do not copy or reproduce it without permission.

The energy regulator Ofgem has been given less than two weeks to get answers for Parliament on the banned practice of back billing, which is when people are sent new bills for energy used longer than 12 months ago. In a letter written to the Chief Executive of Ofgem the chair of the Energy Security and Net Zero committee highlights Money Box's recent investigation into back billing, saying he considers there to be evidence of serious wrong doing on the part of energy suppliers and the need for intervention on the part of the regulator. Ofgem told Money Box it's reviewing supplier billing practices and "looking closely at supplier compliance with back billing rules to make sure customers get the service they are entitled to." For the first time since our investigation began Paul Lewis interviews Dhara Vyas, the chief executive of Energy UK, which represents energy suppliers.State pensions paid to tens of millions of people will go up in April by 4.1%, but depending on how your pension is paid - weekly or monthly - some people may not get the extra money until May. How to make sure you get it as soon as possible.And people who get into debt often find that it gets worse because of the high interest rates they are paying. Often they are only paying interest not reducing the amount owed at all. A new scheme by credit unions is trying to solve that by giving an affordable loan to people in debt at a low rates of interest so they can pay off their expensive debt and afford the repayments on their new debt. How will it work?Presenter: Paul Lewis Reporters: Dan Whitworth and Peter Ruddick Researchers: Eimear Devlin and Jo Krasner. Editor: Jess Quayle(First broadcast 12pm Saturday 15th February 2025)

Thousands of people have made complaints to the Energy Ombudsman related to so-called back billing, which is when customers are sent new bills for energy use longer than 12 months prior. The practice was banned by the regulator Ofgem in 2018 but is still causing consumers problems. In the cases investigated by Money Box customers had to complain multiple times before their suppliers recognised they'd broken these rules and cancelled the bills. Ofgem says it's committed to reviewing billing practices while the trade industry body Energy UK says suppliers are continuously working to improve practices.Is the Lifetime ISA fit for purpose in 2025? That's the question being asked as Parliament's Treasury Committee calls for evidence about whether it is still an appropriate financial product nine years after it was created. We'll discuss how it works successfully for some, but also the problems some people face.The price people in England and Wales pay for water and sewage services will rise sharply from 1st April. Figures announced this week revealed that households in England and Wales will pay on average £123 a year more for their water. What can you do if you're worried about affording your bills?And thousands of people in Northern Ireland are still without power after Storm Éowyn last week - what help is available?Presenter: Paul Lewis Reporters: Dan Whitworth and Eimear Devlin Researcher: Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 1st February 2025)

This week on the AJ Bell Money and Markets podcast, Danni Hewson and Laura Suter dive into the latest market news, including Apple's big investment plans [01:19] and BP's plans to roll back it's green investment after pressure from an activist investor [09:13]. We also look at why Tesla shares are under pressure [04:39] and discuss Unilever's CEO stepping down after less than two years [14:30]. On the personal finance front, Laura explains the impact of the latest rise in Ofgem's energy price cap and shares tips on how to cut household bills [17:56]. She also uncovers cash savings traps that could see you paying more tax than necessary. [24:19] For investors, Tom Sieber explores the best-performing dividend hero investment trusts, funds that deliver strong income without sacrificing returns [29:01]. And Dan Coatsworth speaks with Abbie Glennie from abrdn about why the UK stock market is showing signs of life [34:16].

The Smart 7 is an award winning daily podcast that gives you everything you need to know in 7 minutes, at 7am, 7 days a week…With over 17 million downloads and consistently charting, including as No. 1 News Podcast on Spotify, we're a trusted source for people every day and we've won Gold at the Signal International Podcast awardsIf you're enjoying it, please follow, share, or even post a review, it all helps... Today's episode includes the following:https://x.com/i/status/1894440729751044256 https://x.com/i/status/1894388056532423054 https://x.com/i/status/1894395844142797152 https://x.com/i/status/1894414496031993980https://x.com/i/status/1894350662101540920 https://x.com/i/status/1894405312108503292 https://x.com/i/status/1894518838898626568 https://youtu.be/vY7vbqbNrRM https://x.com/i/status/1894387219277746425 Contact us over @TheSmart7pod or visit www.thesmart7.comVoiced by Jamie East, using AI, written by Liam Thompson, researched by Lucie Lewis and produced by Daft Doris. Hosted on Acast. See acast.com/privacy for more information.

Send us a textNathan chats to Adam Bell, Director of Policy at Stonehaven about:Ofgem and the recent findings from Citizens AdviceThe CfD (Contracts for Difference) consultation the report from the National Infrastructure Commission's - Electricity Distribution Networks: Creating capacity for the future  PylonsMCSYou can find Adam on Linkedin and his blog site Unbalancing Mechanism Support the showLearn more about heat pump heating by followingNathan on Linkedin, Twitter and BlueSky

Apple has launched its latest iPhone, which will have new "affordable" hand set with AI tools. It will go on sale in the UK next Friday starting at £599, which is £200 less than the brand's current cheapest iPhone 16 device, released in September.Energy regulator, Ofgem, has taken the next step in its proposals to change the way customers pay for standing charges. They make up that fixed part of your gas and electricity bill which you pay regardless of how much energy you use. The flat charge is there to cover the cost of delivering gas and electricity.Ofgem's plans will mean individual bill payers have a choice: keep paying the standing charge as it is, or pay a share of the standing charge according to how much energy you use. The plan will be welcomed by those who don't use much energy - but there are concerns the proposals may not help everyone.

The UK has announced hugely ambitious plans - clean power by 2030. This will involve a massive roll-out of wind, onshore and offshore, solar as well as an expansion of grids and storage. A challenge, certainly. But not impossible, according to Jonathan Brearley, the chief executive of Ofgem, the UK's energy market regulator. The CEO also explains why the watchdog thinks zonal, rather than national pricing is the best way forward for the country. In the first episode of Plugged In: the energy news podcast we discuss how the country can meet its targets, the obstacles that stand in the way and why the UK is not close to running out of gas. In fact, the UK will need gas in the future, albeit in a significantly less dependent way, according to Ofgem.Host: Richard Sverrisson - Editor-in-Chief, Montel News.Guest: Jonathan Brearley, Chief Executive Officer, Ofgem; Laurence Walker, Deputy Editor-in-Chief, Montel News. 

Temperatures have fallen below zero in much of the UK this week, just as gas and electricity prices rose. From New Year's Day the price cap set by the regulator Ofgem on every unit of power we use will mean the price for heating, washing and cooking for a typical household will rise by just over one per cent. A typical bill will go up £21 a year to £1,738. But, that is in fact 10% or £190 lower than the price cap set a year ago. How are people coping with costs this winter?From New Year's Day the fees private schools charge parents will be subject to VAT at 20%. Previously private school fees were exempt. The Independent Schools' Bursars Association has told Money Box that schools are raising fees from this term by between 13% and 18%, though some are absorbing the whole cost while others pass on the full amount raising fees by 20%. What impact will that have on schools and parents? The Treasury says pupils numbers at independent schools have remained steady since 2000, despite fees increasing by around 75% in real terms since then. We'll speak to Rudolf Eliott Lockhart - CEO of the Independent Schools Association.From 1st January catching the bus could cost you 50% more. Single fares in England which had been capped at £2 have risen by a pound to a maximum of £3. What impact will that have on passengers?And 'tis the season to be - taking things back. What are your refund rights?Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Emma Smith, Catherine Lund and Eimear Devlin. Editor: Jess Quayle(First broadcast 12noon Saturday 4th January 2025)

This episode of Bright Spark looks back at the Strategic Innovation Fund's successes and lessons over 2024, and asks what's in the pipeline for 2025. Last year was a busy year; the team awarded 88 projects, and a further 12 demonstration projects, and approved over £100million in funding. SIF programme director Jodie Giles is joined for this one by Head of Delivery Kate Jones and Head of Commercial Paul Padaruth.For more on the Strategic Innovation Fund: www.ofgem.gov.uk/sifSee the SIF programme page on Innovate UK, Business Connect website: Ofgem Strategic Innovation FundSign up for regular SIF newslettersAll episodes of Bright Spark are at: https://podfollow.com/brightspark/

Electricity and gas suppliers say they're offering hundreds of millions of pounds of additional support for customers this winter. Energy prices will rise again on New Year's Day and the latest figures from the regulator Ofgem show customers already owe suppliers a record £3.7bn in unpaid bills. We'll look at what help customers might be able to get if they're struggling to pay their bills.On Thursday the Bank of England kept the Bank Rate unchanged at 4.75%. We'll ask a mortgage broker what buyers can expect in 2025? As a deadline approaches for government funded childcare hours for some working parents – how does it work and how can they apply?We'll look back at some of the help given to Money Box listeners this year and hear music from the Barton Road Choir.Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Emma Smith and Jo Krasner Editor: Jess Quayle(First broadcast at 12pm Saturday 21st December 2024)

In a not very happy start to the new year, Ofgem's energy price cap went up on 1 January from £1,717 to £1,738. Energy experts at Cornwall Insight say it will go up again in April - and by more than they initially expected.  So why are bills rising? After all, we are a long way from the peak of the gas price crisis back in 2021.  This week, Georgie Frost and Helen Crane discuss when they will finally go back to normal - and whether fixed rates are a good deal again.  The team also talk about an Octopus energy customer who was charged £5 to make a cup of tea thanks to a new smart meter.  For homeowners starting 2025 by sticking their property on the market, we get some tips from estate agents on how to spruce up your home - and which renovations aren't worth the bother.  We also discuss whether buyers really care about the smell of freshly baked bread, and what the best colour is to paint your front door.  Helen speaks about the companies This is Money readers have moaned about most in 2024, and her highlights from the Crane on the Case column.  And we finish off with some sensible tips from financial advisers about how to give your money a makeover in the new year. 

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Morse code transcription: vvv vvv She died because of me five words that changed the Sara Sharif trial Ofgem Storm Darragh not a storm, Kidderminster man told by insurers 20mph Which Welsh roads have seen most offences Shopkeeper tracks down mum stealing Jellycat toys to sell on Vinted Selena Gomez announces engagement to Benny Blanco XL bully Baby seriously injured in dog attack in Folkestone Thomas Plimmer Woman says struck off sex GP tried to choke her Bowel cancer rates rising among younger people Rural Kent on the frontline of PMs housebuilding battle

Morse code transcription: vvv vvv 20mph Which Welsh roads have seen most offences She died because of me five words that changed the Sara Sharif trial Storm Darragh not a storm, Kidderminster man told by insurers Shopkeeper tracks down mum stealing Jellycat toys to sell on Vinted XL bully Baby seriously injured in dog attack in Folkestone Thomas Plimmer Woman says struck off sex GP tried to choke her Ofgem Rural Kent on the frontline of PMs housebuilding battle Bowel cancer rates rising among younger people Selena Gomez announces engagement to Benny Blanco

Morse code transcription: vvv vvv Shopkeeper tracks down mum stealing Jellycat toys to sell on Vinted Bowel cancer rates rising among younger people Rural Kent on the frontline of PMs housebuilding battle XL bully Baby seriously injured in dog attack in Folkestone Storm Darragh not a storm, Kidderminster man told by insurers Thomas Plimmer Woman says struck off sex GP tried to choke her Ofgem Selena Gomez announces engagement to Benny Blanco She died because of me five words that changed the Sara Sharif trial 20mph Which Welsh roads have seen most offences

Martin interviews Jonathan Brearley - the CEO of Great Britain's energy regulator OFGEM.Tell Us is all about your pocket money rules.Mastermind this week looks at your right to return gifts.Plus advice on the best tactics for Scrabble and tips on train ticket refunds and car finance.

The recently-launched Net Zero Research Village (NeRV) near Gateshead is the UK's first facility for combined whole-systems research, development and demonstration – covering gas, electricity and water.In this episode of Bright Spark, Kate Jones, SIF's Head of Delivery, visits NeRV. She is given a tour by Richard Hynes Cooper, Head of Innovation at Northern Gas Networks. Also at NeRV is Joseph Davidson, Energy Systems Innovation Lead at Ofgem SIF, who catches up on recent and upcoming policy developments with Luke Ames Blackaby, Ofgem's Innovation Hub head.Links:NeRV website: https://uknerv.com/For more on the Strategic Innovation Fund: www.ofgem.gov.uk/sifSee the SIF programme page on Innovate UK, Business Connect website: Ofgem Strategic Innovation FundSign up for regular SIF newslettersAll episodes of Bright Spark are at: https://podfollow.com/brightspark/

In this episode of the Fully Charged Show Podcast, we dive into The Crown Estate's pivotal role in the UK's renewable energy transition. As custodians of the seabed surrounding England, Wales, and Northern Ireland, they're powering 11 million homes with offshore wind energy. Imogen explores how their latest initiatives, like the Marine Delivery Routemap, are tackling grid bottlenecks, speeding up consents, and finding harmony between environmental conservation and renewable expansion. Gus Jaspert, Managing Director for Marine at The Crown Estate, breaks down the UK's energy puzzle—from wrangling stakeholders like NESO and Ofgem to resolving spatial clashes with fisheries and shipping. With a need for over 120GW by 2030 requiring a tripling of wind energy deployment, how will the race to net-zero electricity unfold? Tune in to find out!  @fullychargedshow   @EverythingElectricShow  This podcast was brought to you by OVO's Charge Anywhere. Power your next journey with peace of mind by downloading the OVO Charge app today: https://bit.ly/charge_anywher Why not come and join us at our next Everything Electric expo: https://everythingelectric.show Check out our sister channel: https://www.youtube.com/@EverythingElectricShow Support our StopBurningStuff campaign: https://www.patreon.com/STOPBurningStuff Become a Fully Charged SHOW Patreon: https://www.patreon.com/fullychargedshow  Buy the Fully Charged Guide to Electric Vehicles & Clean Energy : https://buff.ly/2GybGt0 Subscribe for episode alerts and the Fully Charged newsletter: https://fullycharged.show/zap-sign-up/ Visit: https://FullyCharged.Show Find us on Twitter: https://twitter.com/fullychargedshw Follow us on Instagram: https://instagram.com/fullychargedshow To partner, exhibit or sponsor at our award-winning expos email: commercial@fullycharged.show   Everything Electric AUSTRALIA NSW - Sydney Showground - 7th, 8th & 9th March 2025 Everything Electric LONDON (UK) - ExCel - 16th, 17th & 18th April 2025 Everything Electric CANADA - Vancouver Convention Center - 5th, 6th & 7th September 2025 Everything Electric SOUTH (UK) - Farnborough International - 10th, 11th & 12th October 2025 Everything Electric AUSTRALIA VIC - 14th, 15th & 16th November 2025

Rob unpacks the troubling situation surrounding the North Peckham Heating Network in Southwark, South London regarding the exorbitant estimated heating bills faced by residents, exemplified by a case where a tenant received a shocking annual bill of over £5,000 due to the communal heating system. KEY TAKEAWAYS Residents in the North Peckham heating network are facing exorbitant heating bills, with one individual receiving an estimated annual bill of over £5,000 due to the communal heating system. Communal heating networks are not covered by Ofgem's energy price cap, allowing providers to charge unregulated prices for gas, which can lead to significantly higher costs for tenants. The heating systems in question are classified as commercial, despite serving residential buildings, resulting in a price discrepancy that negatively impacts residents. The current energy policy in the UK is criticised for being ineffective and not responsive to geopolitical challenges, contributing to rising energy costs and dissatisfaction among residents. There is a call for improved regulation of heat networks to protect residents from high costs and ensure that energy policies serve the needs of the public effectively. KEY TAKEAWAYS "His estimated bill for the year was 5,094 pounds and 17 pence. That's a lot... that is absolutely ludicrous." "Heat networks don't really work from a cost efficiency point of view. They just don't at the moment." "Why are these things classed as commercial systems, if you're dealing with residential buildings?" "The underlying issue here is that there are a lot of challenges within the energy sector at the moment, they're not going to go away anytime soon." "We need to have more cohesive and joined up thinking and we're not going to get that with this current policy." VALUABLE RESOURCES https://www.bbc.co.uk/news/articles/cvg74903457o GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS  Property FAQs = https://amzn.to/3MWfcL4   Buy To Let: How To Get Started = https://amzn.to/3genjle   101 Top Property Tips = https://amzn.to/2NxuAQL  uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

This year, COP 29 takes place in Baku and a key focus at the conference will be finance, countries requiring considerable amounts of finance to significantly lower greenhouse gas emissions and protect people from the worsening effects of climate change. The Conference aims to find a new collective quantified goal on finance. Countries also presented their updated climate action plans, as under the Paris Agreement. COP 29 is seen as an important opportunity to accelerate action to tackle the climate crisis. This panel of experts explores what was achieved during COP 29 and whether there were any missed opportunities, with a specific focus being paid to the work of agreeing a collective quantified goal on finance. Ahead of the tenth anniversary of the Paris Climate Accords, the panel also reflects on COP process and whether a new forum is required in order to achieve greater change. About the Speakers: Jerry Mac Evilly is Head of Policy in Friends of the Earth where he manages research, advocacy and stakeholder engagement in support of campaigns on fossil fuel phase-out and climate action. Jerry has over 15 years' experience in developing, researching and influencing policy in both the government and Not-For-Profit sectors. Previously he held policy positions in the Oireachtas, the Department of Foreign Affairs, the CRU, as well as a number of NGOs. Jerry is a member of the National Economic and Social Council, the EPA Advisory Committee and EirGrid's National Advisory Committee. Dr Sinead Walsh is Climate Director in the Department of Foreign Affairs (DFA), Ireland. Prior to this she served as the EU Ambassador to South Sudan. Dr Walsh has worked for Ireland's DFA since 2009, and previously served as the Ambassador of Ireland to Sierra Leone and Liberia and was the Head of Irish Aid in the two countries. Before joining the DFA, Sinead spent ten years working in the NGO sector and is the co-author of Getting to Zero: A Doctor and A Diplomat on the Ebola Frontline. Sam Peacock is the Managing Director, Corporate Services, Regulatory and Strategy at SSE. He has been a member of the SSE Group Executive Committee since 2020 and leads SSE's teams overseeing corporate strategy, government and regulatory affairs, communications, brand, and local project communications. Prior to joining SSE in 2011, he directed government affairs at the UK Regulator, Ofgem and worked at leading communications agency Edelman, as well as in the UK Parliament and in the UK Government. Erin Maher is Lead Sustainability Strategist and Adviser at ENSO. ENSO is a certified B corporation that helps SMEs with ESG Strategy and regulatory preparedness. Erin holds a BSE from the University of Michigan in Climate Science and Impacts Engineering with a focus on climate adaptation, and a MSc in Development Practice from Trinity College Dublin. She is passionate about addressing the climate crisis in a just and equitable way, focusing on just transitions, accessibility and communication, and environmental justice. This event has been organised in conjunction with SSE.

The energy regulator Ofgem has announced its next quarterly price cap will rise by £21 for the average household. An increase of £1.75 a month. The decision affects the bills of 27 million households in England, Wales and Scotland. In this bonus episode of The Martin Lewis Podcast, Martin explains what it could mean for you.

Hometree, the fast-growing residential energy services company, has raised a £50 million mezzanine facility backed by CPPIB Credit Investments Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPP Investments). The combined facility from the global institutional investor and a £250m senior asset-backed debt facility raised from Barclays will be used to finance up to 35,000 residential solar panel systems, batteries, and heat pumps across the UK over the next two years. This is part of Hometree's ambition to decarbonise over one million homes by 2030 and its aim to build Europe's leading residential energy services business, combining hardware installation, financing, repairs, and ongoing maintenance in one platform. Transforming the residential renewable energy rollout Demand is rising for renewable energy systems to offset rising energy prices, exacerbated by Ofgem's confirmation in August that it would increase the energy price cap which will send average annual energy bills higher by £149 from October. Over 180,000 solar panel installations took place last year and the total number of applications to the Boiler Upgrade Scheme (incentivising the move from gas to low-carbon forms of heating) more than doubled in July compared to the year before. However, the high upfront costs of installing solar panels and heat pumps, which can range from £13,600 to £31,500, are unaffordable to most UK households, hindering the transition to net zero. Hometree wants to make renewable energy an affordable option for ordinary homeowners across the country by making low-cost long-term financing available and connecting households with the capital markets. With capital now in place, Hometree is not just focusing on financing its own installations but is also working with companies across the energy supply chain to make it easier for homeowners to choose renewable energy options. It is partnering with renewable installers, energy utilities, and hardware manufacturers, and has recently agreed terms with Project Solar, the UK's largest solar panel installer; So Energy, a large UK energy supplier; and myenergi, a supplier of smart home energy technology. All three partners will make Hometree financing available to their customers - significantly increasing Hometree's reach. By creating a new securitisation-backed asset class for renewable energy, Hometree has been able to offer zero-deposit leases with low interest rates and longer terms for residential renewable energy technologies. In some cases, homeowners installing solar panels can even 'pay as they save', as their savings from using renewable energy exceed their payments. Payment plans are available for up to 25 years for solar panels, batteries, and heat pumps, giving customers the option to spread the installation cost across the lifespan of the hardware. Rory Duff, MD of Hometree Finance, said, "We're delighted that CPP Investments has joined us in our mission to help homeowners decarbonise their homes by installing solar panels and heat pumps. The energy transition will not happen without appropriate finance since very few people have the thousands of pounds needed for the upfront costs." "CPP Investments understands the challenge that we are facing and how bridging the gap between the capital markets and the residential sector can accelerate the affordable decarbonisation of UK homes. They join us alongside other leading financial institutions including Barclays, Legal & General, and BlackRock, to support our fully integrated approach to installing, financing, repairing, and maintaining domestic renewable energy systems," he said. Ben Mason, Managing Director, European Credit at CPP Investments said, "CPP Investments is an active participant in strategic financing transactions for innovative UK businesses in the energy transition sector. Our significant participation supports business expansion for Hometree while generating appropriate risk-adjusted returns for C...

As of 1st July 2023, UK energy regulator Ofgem brought the energy price cap down to £2,074, a significant fall from the previous price guarantee of £2,500 that was introduced by the government in October 2022. Prices had soared mostly due to an increase in wholesale energy costs caused by the war in Ukraine. Bear in mind the price cap is based on an estimate for a dual fuel household paying by direct debit based on typical consumption. It's not an absolute cap on your energy bill, so if you consume more than the average, you will pay more. Do I need to do anything with my boiler ? What about changing provider ; is that allowed ? In under 3 minutes, we answer your questions! To listen to the last episodes, you can click here: How can you secure your home before leaving on holiday? What is last chance tourism? Which are the best cities in the world to live in? A podcast written and realised by Joseph Chance. First broadcast : 09/07/2023 In partnership with upday UK. Learn more about your ad choices. Visit megaphone.fm/adchoices

As the world awaits Israel's response to rocket attacks by Iran, what role did British forces play defending the country?In this episode of The Standard podcast we'll also look at the UK government's handling of the crisis, with Britons told to leave Lebanon as Israel continues to pound Tehran-backed Hezbollah and ground operations begin.Around 180 Iranian rockets were fired on Tuesday night as Iran's response to Israel's assassination of Hezbollah secretary-general Hassan Nasrallah, and follows devastating pager-based attacks against the terror group.Evening Standard defence editor Robert Fox explains the significance of Iran's rocket barrage targeting Israel.In part two, the average UK household energy bill has now increased by £149 after Ofgem raised its price cap just as the winter months begin. The Standard podcast is joined by Jonathan Marshall​​​, principal economist at the Resolution Foundation think-tank, who discuss context of the latest increase. Hosted on Acast. See acast.com/privacy for more information.

Ofgem, the energy regulator, has announced that the price cap will rise by 10% in October. Is this bad news for Labour, or will they be successful in framing it as part of their economic inheritance from the Conservatives? And could this strengthen opposition to the proposed change to winter fuel allowance? Patrick Gibbons speaks to James Heale and John McTernan, former political secretary to Tony Blair.    Produced by Patrick Gibbons and Cindy Yu.

The energy regulator, Ofgem, has announced a rise in its price cap from October.

Gold has hit record highs this week and has rocketed so far this year. What's driving the price and how do you invest? This week, Tanya Jefferies, Georgie Frost and Lee Boyce turn their attention to the precious metal – a notoriously volatile investment, but yet seen as a safe haven. Energy bills will be back on the up, with the new Ofgem price cap announced for October. Is it worth fixing before the hike comes in? And one in four are expected to struggle this winter with their energy bills – just as the new Winter Fuel Payment is taken away for millions of households. We bust some myths on inherited state pension and ask how DWP can be dishing out incorrect information and also question whether annuity deals have peaked. Plus we run the rule over two juicy reader questions. Firstly, what are your rights if you drunkenly lend money to a friend? Secondly, what can you do about a property next door being converted into an HMO with six students?

Meter tampering means altering a meter to prevent it from fully recording how much electricity or gas is being used, or bypassing the meter completely to energy usage being recorded at all. It may seem like a great idea, but there are consequences. It's dangerous and it is a criminal offence. Its classified as theft and can lead to prison sentences and heavy fines. The number of people illegally bypassing the grid to save money is increasing at an alarming rate. Its disturbingly simple to do but the consequences can be tragic. In May 2021, two-year-old George Hinds was killed when a gas explosion caused by tampering destroyed his home in Heysham, Lancs. The explosion was triggered by a neighbour cutting through pipes with an angle grinder. He was jailed last year for 15 years for manslaughter. Crimestoppers UK say reports of gas and electricity theft have been rising sharply. In 2017 2,566 cases were reported and last year that figure rose to 10,694- though the industry believes the true figure may be closer to 200,000. Energy theft is not a new phenomenon but the cost of living crisis seems to be the main reason for this sharp increase. Presenter Dan Whitworth meets gas engineers at the frontline and talks to industry insiders and to Ofgem, the energy regulator to find out what they are doing about it. Producer: Mohini Patel

As we continue our series of listener questions ahead of the election, we focus on the Cost of Care and how care later in life should be paid for. Dan Whitworth has been to Shipley to meet Graham, who's concerned about the cost of his own care – he wants to know what politicians plan to do about it.Energy companies are continuing to hang on to billions of pounds of their customers' money, which has built up as credit on their accounts. The energy regulator Ofgem says that during 2023, the average amount of credit in energy accounts for people who pay for their gas and electricity by fixed direct debit was £3.7 billion pounds. What's behind that?More than half a million people were left without their Child Benefit payment this week, after a technical issue at HMRC. What was done to help them?And this week, new banknotes featuring a portrait of King Charles III came into circulation – how can you get hold of one?Presenter: Felicity Hannah Reporter: Dan Whitworth Researchers: Jo Krasner and Catherine Lund Editor: Jess Quayle(First broadcast at 12pm Saturday 8th June, 2024)

It's a bonus mini episode as Martin explains what the newly announced Ofgem energy price cap for July means for you – and why there could be bad news in store for October.

Power networks are humankind's biggest engineering achievement to date, says Sinan Küfeoğlu. But ageing infrastructure in advanced industrialised economies, coupled with the fact that around one billion people in the world lack continuous power access, particularly in Global South countries, could threaten the delivery of Sustainable Development Goal 9 by 2030, he warns. The goal promotes resilient infrastructure, inclusive and sustainable industrialization, and innovation.Speaking in a personal capacity, Küfeoğlu, a senior policy manager at the UK government gas and electricity market regulator OFGEM, lists some of the hurdles ahead, based on his work as an energy systems researcher in Finland, UK, US, and Turkey, where he grew up.Many funding proposals, he says, pack in “buzzwords” such as green, sustainable, holistic, inclusive, and circular economy, but governments and other infrastructure project funders are often poor at measuring impact, and undertaking return-on-investment and cost-benefit analyses.How to Save Humanity in 17 Goals is a podcast series that profiles scientists whose work addresses one or more of the SDGs. Episodes 7-12 are produced in partnership with Nature Water, and introduced by Fabio Pulizzi, its chief editor. Hosted on Acast. See acast.com/privacy for more information.

Chris Baines is one of the UK's leading independent environmentalists and an award-winning writer and broadcaster.A trained horticulturist and landscape architect, he spent some years practising and teaching landscape design but has spent most of his career a professional adviser to Government and other bodies including the National Trust, National Grid and energy regulator Ofgem.Fornerly a presenter of BBC Countryfile, his 1986 film Blue Tits and Bumblebees is often credited with starting the trend towards gardening with nature.Back in 1979 Baines bucked the trend in a chemical-driven gardening decade and created a "rich habitat garden" for Gardeners World. "At that stage, I just remember vividly...Peter [Seabrook] looking at me and saying..'you really think Britain's gardeners are going to be interested in that?' It was a supreme put down, really. And then they were absolutely avalanched with requests for the leaflet that I'd produced about how to create a rich habitat garden."With his best-selling book How to Make a Wildlife Garden continuously in print for almost 40 years, a new expanded edition was published in 2023 as an RHS classic, he reflects on where nature gardening and rewilding is today.His new book RHS Companion to Wildlife Gardening updated edition is out now.With Biodiversity Net Gain now in legislation, Baines shares his concerns: "If the outcome of the new legislation is that more creative partnership with the Wildlife Trust and others managing the investment that's required from the developers, that would be brilliant...If it finishes up with just little patches of trees planted on, in many cases, landscape, which is rather more valuable without its trees for wildlife than it will be with trees on it, then that will be a wasted opportunity. But I'm eternally optimistic."He discusses the pros and cons of bird feeding and the prospects for and importance of local parks in this election year."It's wonderful to have national parks out in the countryside, but actually most people most of the time need access to green space right where they live and work. And we need to take that much more seriously because neglect and lack of safety in those spaces puts people off going there." Hosted on Acast. See acast.com/privacy for more information.

April brings many changes for our money, and this programme has all you need to know.From Monday 1st, there will be higher pay for people on the various minimum wages. For the first time 21 and 22 year olds join people aged 23 and over in getting what's called the National Living Wage. It's going up to £11.44 an hour, a near 10% rise. 18 to 20 year olds get a bigger boost with minimum wage up nearly 15% to £8.60 an hour, while 16 and 17 year olds and those on apprenticeships get the largest increase of more than 21%, taking their minimum hourly pay to £6.40. On the same day, the Energy Price Cap set by the regulator Ofgem will fall reducing the typical annual bill in England, Scotland, and Wales by 12% to £1,690 per year. That is the lowest it has been for two years. So will it be worth switching suppliers for a new fixed deal?It's 25 years since the introduction of tax-free ISAs. You have just a few days to make use of this year's allowance and there are some big changes next tax year. we've got all you need to know.Plus, what's changing next week for childcare, why some people need to do a meter reading, and how to save money on stamps.Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 30th March 2024)

Rishi Sunak's flagship Rwanda Act is finally on the statute book, and the prime minister has promised that – “no ifs, no buts” – flights will be taking off by the summer. So how much of a triumph is his for Sunak – and what legal challenges could still derail his asylum plan? Political journalist Zoe Grunewald joins the podcast team to weigh up an eventful week for the PM. We're just days away from a set of crucial local elections. Who is standing and where? What are the contests we need to look out for? And what could it all mean for Sunak and Keir Starmer? Plus: Rising energy bills and rising raw sewage has put regulators like Ofgem and Ofwat in the spotlight, but is parliament doing enough to properly scrutinise the role that over 100 regulators play? A new IfG report has the answers. Hannah White presents. With Jill Rutter, Akash Paun and Matthew Gill Produced by Candice McKenzie Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode Nathan chats to Paul Eastwood, Head of Energy Systems Planning at OFGEM and the past Senior Climate and Energy Advisor at the Foreign, Commonwealth and Development Office. Also joining the heat pump conversation is engineer Barry Sharpe from Renewable Heat  The discussion focuses on what an ideal customer journey is. Paul has had a heat pump system after Nathan recommended Barry to him. The episode questions if Paul's experience could have been better with the hope engineers may gain some useful insight. Topics covered are:Heat loss assessments and independent assessments.Securing quotes for heat pump installationsInstall optionsHeat pump controls and operationsHeat pump servicingWhy do heat pump installs cost more than boiler installationsThis was one of Nathan's favourite recordings and he would like to note that Paul is speaking in a personal capacity and not on behalf of any employer. Please enjoy the episode.Support the show

As many as two million of the poorest households have seen the amount they owe their energy suppliers double over the past year. This new analysis of debt figures has been given to Money Box by the consultancy firm Baringa. It says people who've fallen behind on their payments are now £1,100 in the red, an amount that has doubled in a year. Energy UK, which represents suppliers, say they're doing all they can - and we'll hear more about Ofgem's plans to help tackle debt in the industry.Twenty financial advice firms have been told that they must provide the regulator with details of the services they provide customers when they charge them for what is called “ongoing advice”. The Financial Conduct Authority has written to the companies as part of its enforcement of the new Consumer Duty. What will this mean for consumers?And, an annuity is a contract with an insurance provider which converts your savings or pension pot into a guaranteed income for your retirement. As annuity sales rise, we'll discuss what they are and how they work.Presenter: Paul Lewis Reporter: Sarah Rogers Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 24th Feb 2024)

This week, the energy watchdog Ofgem released data showing energy debts reached £2.6 billion between April and June. It says the rise in debt was due to both the increase in wholesale energy prices and wider cost of living pressures. We'll get reaction to that figure from Octopus Energy, one of the UK's biggest suppliers. More and more people are taking money out of their private pensions. Between April and June, 4 billion pounds was withdrawn from pensions by more than 500,000 people - 15% more than a year ago. What should you consider before you take money out of your pension? And, two weeks before the deadline to get your paper tax return in, HMRC says it will take three weeks to post the form to you. What are your options if you still need to send one? Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle (First broadcast, 12pm Saturday 14th October, 2023)

A funeral plan company with more than 13,000 customers has gone bust leaving thousands of people without the plan they paid for. One Life Funeral Planning Limited was just 1 of around 40 firms which were not approved by the Financial Conduct Authority in July 2022 when it took over regulation of funeral planners. Attempts to find a regulated firm to take over its customers failed and last November its directors put it into administration. What can its customers do? Christine Farnish, a former non-executive director at the energy regulator Ofgem, has told Money Box the amount of credit held by energy companies is a "real problem" that needs looking at. It comes after we revealed last week that suppliers held more than £8bn of customers' money in the form of credit on their accounts in the first three months of this year. Ofgem said protecting customers is its top priority and that it encourages suppliers to help customers spread the cost of winter over a full year to help them manage their bills. Previously Energy UK have told us told us at the time this £8.1bn was being held as credit prices were extremely volatile and the level of government help was unknown. Nearly half a million new 18 year olds have not claimed hundreds even thousands of pounds waiting for them in child trust funds the govt and parents set aside for them. Check here: findctf.sharefound.org And is there a way to tell if you really are investing ethically? A new database may be a step towards that. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle (First broadcast, 12pm Saturday 7th October, 2023)

https://thecommunists.org/2023/09/11/news/ofgem-serves-corporate-energy-profiteers-fuel-poverty-debt/

British Museum director Hartwig Fischer quits after artefact theftsPutin orders all Wagner mercenaries to pledge allegiance to RussiaHousehold bills to fall as Ofgem cuts energy price capRead all these articles and stay expertly informed anywhere, anytime with a digital subscription. Start your free one-month trial today to gain unlimited website and app access. Cancel anytime. Sign up here: http://bit.ly/2WRuvh9See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Net migration to the UK has hit another record level, but are record migration figures really a cause for concern? Plus: will the new Ofgem energy cap lower your bills? And does Ron DeSantis stand a chance at being the Republican nominee for US president? With Moya Lothian-Mclean and Mike Bankole.

The SNP's treasurer Colin Beattie has been arrested amidst an investigation into the party’s finances. Plus, Just Stop Oil activists disrupt the World Snooker Championship and Ofgem still won’t ban prepayment meters. With Aaron Bastani and Barnaby Raine.