Business Energy NewsAll the latest news about the Energy industry from Catalyst.

TCFD has developed a framework to help public companies and other organizations disclose climate-related risks and opportunities.

Transport Scotland has published its Draft Vision for Scotland’s Public Electric Vehicle Charging Network report which explores the key areas relevant to the development of a Scottish public electric vehicle (EV) charging network.

Ofgem approved WACM4 for CMP381 Defer Exceptionally High Winter 2021/22 BSUoS Costs to 2022/2023.

BEIS recently announced that it will introduce The Nuclear Energy Financing Bill to approve the Regulated Asset Base (RAB) model as an option to fund future nuclear projects.

The Zero Emission Vehicles Transition Council (ZEVTC) recently published its 2022 action plan, detailing how it will collaborate to accelerate the transition to zero emission vehicles (ZEVs).

With this official announcement yesterday comes more misery for suppliers and their customers as this additional total shortfall amount across all RO schemes is £218,300,151.73 (excluding interest). As a relevant shortfall has been reached, mutualisation has been triggered and suppliers will be contacted to make quarterly payments to make up the shortfall, in proportion to their obligation.

Ofgem published a call for evidence on the Transmission Network Use of System (TNUoS) charges regime. The document covers issues previously highlighted by stakeholders and outlines the regulator’s current thinking on potential areas for reform.

BEIS published the UK’s Net Zero Strategy – detailing policies and proposals for decarbonising all sectors of the UK economy to meet its net zero target by 2050 including provisions for power, fuel supply & hydrogen, industry, heat and buildings, transport, natural resources, and greenhouse gas removals.

The CMA has published its Green Claims Code to help businesses comply with consumer law and has warned that companies must ensure their environmental claims comply by New Year.