news archive: cash-out

SmartestEnergy responds to cash-out consultation - 25/01/2012

Any proposed changes to the cash-out system need to take account  of wider developments across Europe, SmartestEnergy has stressed in its response to Ofgem's paper on the issue.

Although the company said it was unconvinced of the need for major changes to the cash-out system - which aims to help keep electricity supply and demand in balance - it said it was not opposed to further investigation of the issue.

> Read the full press release

> Read the full consultation response

Ofgem opens consultation on cash-out SCR - 1/11/2011

On 1st November 2011, Ofgem publish the ‘Electricity cash-out issues paper’ which is seeking views on whether a Significant Code Review (SCR) of cash-out should be undertaken and what the scope of this potential review should be.