'Smarter, fairer, cleaner': Ofgem moves to trim capital cost of smart grid rollout, sparking industry concerns

James Murray
clock • 3 min read

Tweak to Ofgem rules promises to save consumers £45 a year, but industry fears sharp reduction in capital costs could jeopardise smart grid deployment

Ofgem has today put forward proposals to lower the cost of capital for energy network companies working to deploy a range of smart grid and low carbon infrastructure technologies. The proposals are...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Government charges up electric truck drive with £1bn budget

'Contingency planning': Chancellor confirms work underway to provide targeted energy bill support

More on Infrastructure

Metering reforms allow millions of homes and businesses to provide flexible grid services
Infrastructure

Metering reforms allow millions of homes and businesses to provide flexible grid services

NESO confirms changes to rules that mean millions of households and offices with an EV charger, heat pump or battery can save money by helping balance the electricity network  

Stuart Stone
Stuart Stone
clock 19 March 2026 • 4 min read
Why does fossil diesel still dominate UK construction sites?
Infrastructure

Why does fossil diesel still dominate UK construction sites?

Lower carbon fuels and clean technologies exist that can replace diesel fuel on building sites, but legacy contracts and procurement processes are holding back much-needed change, writes Syntech Biofuel CEO Tom Bingham

Tom Bingham, Syntech Biofuel
clock 17 March 2026 • 4 min read
UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment
Infrastructure

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

Partners launch UK's first instant-approval process for connecting Vehicle-to-Grid chargers, in bid to speed up rollout of technologies that turn electric vehicles into 'mini power stations'

Amber Rolt
clock 13 March 2026 • 2 min read