Energy Market News & Updates
Market-wide Half-Hourly Settlement (MHHS) Kicks Off This September
The long‑awaited Market‑wide Half‑Hourly Settlement (MHHS) is officially commencing this September 2025, marking a significant turning point for the UK energy industry. From 22 September 2025, major code changes under Milestone 8 (M8) come into force, laying the...
What is kWh? Understanding Kilowatt-hour
Explaining Electricity Costs and kWh Usage What is a Kilowatt-hour (kWh) and How Does it Relate to Electricity Usage? Definition of Kilowatt-hour: A kilowatt-hour (kWh) is a unit of energy that represents the amount of energy consumed by using one kilowatt of power...
3 Energy firms allowed for Forced Prepayment Meter Installations
3 Energy firms (EDF, Octopus, and Scottish Power) have recently been granted the authority to conduct involuntary prepayment meter (Pre Payment Meter) installations, raising concerns among consumers about the implications of such actions. This article explores the...
£72 Million for Charities: Ofgem’s Enforcement Impact
In a landmark move by Ofgem in 2023, a substantial sum of £72 million for charities, recovered from energy firms for various breaches, has been directed towards community welfare. This action demonstrates Ofgem's commitment to holding energy companies accountable and...