UK watchdog consults on energy price tool
British energy regulator Ofgem has launched a consultation on activating its market stabilisation charge. The mechanism aims to protect suppliers from severe wholesale price swings during the upcoming winter season.
The United Kingdom energy regulator launched a consultation on Friday morning to activate its market stabilisation charge, aiming to shield suppliers from wholesale price swings during the winter. The move mirrors emergency steps taken during past geopolitical supply shocks. Wholesale gas and power markets have faced erratic trading sessions as utilities brace for household demand spikes.
