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News 2026-10-16 06:44 UTC

UPDATE 1 — UK watchdog moves to protect energy market from wholesale price swings

(Adds details on the consultation throughout) Oct 16 (Reuters) — The British energy regulator Ofgem on Friday launched a consultation on activating its market stabilisation charge, to protect energy suppliers from wholesale price swings and continued market volatility during a possibly tough winter. Here are some detai