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News 2026-10-16 06:09 UTC

UK's Ofgem weighs activating market stabilisation charge as energy prices surge

Oct 16 (Reuters) — The British energy regulator on Friday launched a consultation on activating its market stabilisation charge, saying recent wholesale price increases and continued market volatility could pose risks to consumers. (Reporting by Prerna Bedi in Bengaluru; Editing by Janane Venkatraman) ((Prerna.Bedi@tho