Ofgem boosts storm compensation, asks network power operators to gear up for winter

UK energy regulator Ofgem hiked the compensation for households and businesses that lose power as a result of severe weather events as it warned network power operators to be better prepared for the upcoming winter. The announcement Sept. 1 came almost two years after storm Arwen hit the UK in late-November 2021, causing severe power disruptions across the country. Network…UK energy regulator Ofgem hiked the compensation for households and businesses that lose power as a result of severe weather events as it warned network power operators to be better prepared for the upcoming winter. The announcement Sept. 1 came almost two years after storm Arwen hit the UK in late-November 2021, causing severe power disruptions across the country. Network…  Read More