Here are some key events that are related to the energy and gas industry.

End of Carbon Reduction Commitment

The Carbon Reduction Commitment (CRC) scheme will be abolished following the 2018/19 compliance year. In parallel, there will be an increase in the Climate Change Levy (CCL) ensuring the change is a fiscally-neutral reform for the Government.

31st March 2019

Change to DUoS Charges

Annual revision of the banding system which is used to calculate Distribution Use of System charges so they reflect the costs incurred by network operators during peak and non-peak times.

1st April 2019

Rise in non-energy costs

Non-Energy costs increased significantly from the 1st of April 2019 with Contracts for Difference, Renewable Obligation and Capacity Market supplier charges showing the most significant changes.

1st April 2019

Launch of SECR

Streamlined Energy and Carbon Reporting (SECR) regulations are set to replace the CRC Energy Efficiency Scheme from April 2019

1st April 2019

Feed-in Tariff Scheme Scrapped

The Feed-in Tariff scheme will be scrapped from April 2019 with no plans to replace the scheme which was put in place to incentivise small scale renewable energy generation.

1st April 2019

ESOS Compliance Deadline

The second phase of the Energy Savings Opportunity Scheme which helps businesses minimise the cost of meeting energy efficiency measures.

1st December 2019

Water Price Review

In December 2019 Ofwat will conduct a review to set final price limits and help create framework for the long-term future of the industry in order to safeguard consumers.

1st December 2019

Start of Storage Year

The UK’s gas storage year runs from the start of May to the end of April and the amount of storage capacity at sites can strongly impact gas prices.

1st April 2020

Planned date for Ofgem’s Targeted Charging Scheme

Currently under review, Ofgem are assessing how residual network charges should be set and recovered in Great Britain. This will result in changes to Transmission Network Use of System and Distribution Use of System charges.

1st April 2020

Ofgem to launch Centralised Switching Service

Ofgem have confirmed plans to create a faster switching program which would combine both gas and electricity.

1st June 2021