Other network companies including Scottish Power and SSE also expected to take on regulator

National Grid will lead an industry rebellion against the energy regulator by taking Ofgem’s plan to cut energy network company earnings to the competition watchdog.

The company said it would refer parts of Ofgem’s new regulatory plan to the Competition and Markets Authority (CMA) because it does not allow large enough returns for its investment in the UK’s gas pipes and electricity wires.

Continue reading…

You May Also Like

CITY WHISPERS: Jacob Rees-Mogg hits out at Davos man… including his pal Lord Dominic Johnson

Speaking out: Jacob Rees-Mogg On Tuesday we were treated to the launch of…

Here’s one that sailed earlier … sketch that launched the Blue Peter badge

Auction reveals how Tony Hart’s work on another BBC project inspired his…

Spotlight turns to what Rishi Sunak knew about Dominic Raab and when

PM is loyal towards his former deputy but it is hard to…