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UK and EU energy law weekly briefing—DESNZ EBDS/CfD updates, Ofgem REC change, nuclear roadmap, HMRC v Dolphin Drilling, EU STEP/biofuels, consultations and key dates (18 January 2024)

Published on: 18 January 2024

Published by a LexisNexis Energy expert
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In this issue:

  • Electricity and gas market regulation and licensing
  • Renewable energy
  • Capacity Market, balancing services and energy system flexibility
  • Oil and gas
  • Nuclear energy
  • International energy
  • LexTalk®Energy: a Lexis®Nexis community
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers

Electricity and gas market regulation and licensing

DESNZ updates the EBDS guidance on blend and extend contracts and adds parameters for QHS

The Department for Energy Security and Net Zero (DESNZ) has refreshed its Energy Bills Discount Scheme (EBDS) guidance for licensed energy suppliers. The part covering how to work out the discount for customers on ‘Blend and Extend’ contracts now features worked examples that illustrate, in practice, how the reduction should be applied. ‘Blend and Extend’ means moving an existing customer onto a new deal with lower energy rates before their current term expires, and spreading the charge across the extended duration. DESNZ has also revised the guidance to include updated scheme parameters for qualifying heat suppliers (QHS) on variable, flexible and DAI price contracts from February 2024. See: LNB News 15/01/2024 28 and LNB News 17/01/2024 61...

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