Mark A.’s Post

The NEURC approved tariffs for NPC Ukrenergo for 2025. The tariff for electricity transmission services was approved at UAH 686.23/MWh (+0.16 UAH/kWh compared to the current year's tariff), and for dispatch control services - at UAH 98.97/MWh (-0.005 UAH/kWh compared to the current year's tariff).  The largest share of NPC Ukrenergo's expenses included in the tariffs is the cost of PSO, purchase of reserves (ancillary services), servicing and repayment of IFO loans, settlements in the electricity market (costs related to the purchase of electricity to compensate for technological costs, costs of system constraints, etc.), which the power system operator must pay by law. Expenses related to the operating activities of NPC Ukrenergo account for up to 11% of both tariffs. This means that ensuring the company's vital activity, carrying out repairs and restoration works, construction and modernisation of our facilities make up the smallest share in the tariff structure. ❗ The change in tariffs of NPC Ukrenergo does not affect the cost of electricity for households, so the tariffs for household consumers will not change. Read more about the new tariffs of NPC Ukrenergo by following the link in the first comment.

Top stories today (£) 💧 Anglian Water sceptical about benefits of rising block tariffs https://buff.ly/3VpDDqb Introducing rising block tariffs risks undermining efforts to conserve resources in water-stressed parts of the country, senior figures at Anglian Water Services have suggested. Instead of ruling out block tariffs, the company is adopting a “wait and see” attitude to see if they work in other regions. Pete Holland, director of customer and wholesale services at Anglian, told Utility Week that offering rising block tariffs would contradict with 20-years' worth of messaging about reducing consumption. ⚡ NESO requests first competitive tender for onshore transmission project https://buff.ly/3BfFIOF The National Energy System Operator (NESO) has written to Ofgem to request a competitive tender for the design, construction and operation of part of a new onshore transmission circuit between Scotland and England. It is the first time NESO has asked for a project to be tendered under the new early competition framework for onshore transmission being introduced by the regulator. 👨⚖️ Legal challenges will see Great Grid Upgrade projects face ‘over a year’ of delays https://buff.ly/49ndP43 A mass of legal challenges to the Great Grid Upgrade’s controversial plans for new pylons means that the programme faces delays of “far longer” than a year, a senior Tory MP has warned. Harwich MP Sir Bernard Jenkin, who chairs the cross-party group of East Anglian MPs campaigning against the proposed Norwich to Tilbury transmission upgrade, has urged a rethink of the reliance on pylons in National Grid’s wider £54 billion programme.

A comprehensive review of electricity tariffs, focusing on consumer affordability, #inp #independentnewspakistan #inp_wealthpk #consumer #affordability #electricity Read Article, click on ⬇️ link

The CRE proposes extending the regulated electricity tariffs (TRVE) to protect households against price volatility and provide essential stability in an evolving market. L’article France: The CRE Recommends Five Years of Regulated Electricity Tariffs est apparu en premier sur energynews.

ICYMI: The CRE proposes extending the regulated electricity tariffs (TRVE) to protect households against price volatility and provide essential stability in an evolving market. L’article France: The CRE Recommends Five Years of Regulated Electricity Tariffs est apparu en premier sur energynews.

Top stories today 💡 Ofgem to lift ban on acquisition-only tariffs before winter https://buff.ly/3QKN3uj Ofgem has confirmed its intention to remove the ban on acquisition-only tariffs (BAT) from October rather than keep it in place until next March. The energy regulator said the ban had now fulfilled its core purpose and consumers would see a direct benefit from removing it. One price comparison website called the move a “no-brainer”, however an energy retail chief executive told Utility Week it was “terrible news for customers” and accused Ofgem of being in thrall to switching guru Martin Lewis. ⚠️ DNOs raise legal concerns about retrospective connections reform https://buff.ly/4buwxXc Understanding the legal ramifications of applying retrospective changes to the connections process will be key to the success of National Grid ESO’s planned reforms. That is according to UK Power Networks and National Grid Electricity Distribution who have called for a thorough legal review of the proposed connections overhaul. 🦺 Most utilities ‘unlikely to comply’ with asset safety standards https://buff.ly/4bE9BER Two thirds of organisations in the utilities sector are unlikely to comply with on-the-spot Health and Safety Executive inspections due to a lack of data proving assets are maintained to regulatory standards. Nearly one fifth (18%) have also received enforcement action due to assets not meeting compliance standards, with 10% receiving a fine.

Pakistan: Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

Just after news on Tariff hike starting next year July 2025. The Govn press release statement on the announcement. 1. No decision on electricity tariff hikes in Peninsular Malaysia yet https://lnkd.in/g7NkbY39 https://lnkd.in/gawddpDM 2. Fadillah said the government guarantees that the determination of electricity tariffs in the peninsula will take into account all aspects, including public welfare and well-being. 3. He added that commercial and industrial users with high electricity consumption and substantial profits would need to pay electricity costs at actual market rates. 4. However, Fadillah said the government encourages such users to install solar panels and energy storage systems at their premises and implement energy efficiency initiatives, such as conducting energy audits in collaboration with Energy Service Companies (ESCOs) and implementing energy efficiency programmes to identify potential electricity savings at their premises. 5. he said the government will continue providing targeted electricity subsidies to ensure that 85% of domestic users with monthly electricity consumption of 1,500 kilowatt-hours (kWh) or less will not be affected. 6. “In this matter, any announcement regarding electricity tariffs in the peninsula will be issued by the government,” he said.

Just after news on Tariff hike starting next year July 2025. The Govn press release statement on the announcement. 1. No decision on electricity tariff hikes in Peninsular Malaysia yet https://lnkd.in/g7NkbY39 https://lnkd.in/gawddpDM 2. Fadillah said the government guarantees that the determination of electricity tariffs in the peninsula will take into account all aspects, including public welfare and well-being. 3. He added that commercial and industrial users with high electricity consumption and substantial profits would need to pay electricity costs at actual market rates. 4. However, Fadillah said the government encourages such users to install solar panels and energy storage systems at their premises and implement energy efficiency initiatives, such as conducting energy audits in collaboration with Energy Service Companies (ESCOs) and implementing energy efficiency programmes to identify potential electricity savings at their premises. 5. he said the government will continue providing targeted electricity subsidies to ensure that 85% of domestic users with monthly electricity consumption of 1,500 kilowatt-hours (kWh) or less will not be affected. 6. “In this matter, any announcement regarding electricity tariffs in the peninsula will be issued by the government,” he said.

In January 2024, the Federal electricity sector regulator, the Nigerian Electricity Regulatory Commission (the Commission or NERC) committed to reviewing electricity tariffs once every month following changes in macroeconomic conditions in the country which impact end-use electricity tariffs in Nigeria vide the Multi-Year Tariff Order 2024 (MYTO 2024). In the past few weeks, and indeed since the beginning of the year, there has been several regulatory decisions from NERC, signaling increased competition in the retail market. Paramount among these was the complete liberalization of the tariffs paid by Band A customers in the Federal electricity market. On 28 March 2024 (effective 3 April 2024) and 3 May 2024 (effective 6 May 2024), NERC followed its commitment towards reviewing end-use tariff due to changes in variables in microeconomic conditions in end-use tariffs by issuing the April 2024 Supplementary Order to the Multi-Year Tariff Order - 2024 (April 2024 Supplementary Order). This was followed by the May 2024 Supplementary Order to the Multi-Year Tariff Order - 2024 (May 2024 Supplementary Order). Together, (the Regulatory Orders).  In this newsletter we review the Regulatory Orders noting the likely impact in the Nigerian Electricity Supply Industry (NESI). To read this newsletter, please click this link https://lnkd.in/dFGFxc3s ________________________________________ #OlaniwunAjayi #ElectricityTariff #NERC #MultiYearTariff2024 #ElectricityTariffIncrease #PowerSector