Pub boss leads business criticism of Hunt’s plan to cut support over sky-high energy bills January 4, 2023 Business leaders have reacted negatively to Chancellor Jeremy Hunt's plan to significantly reduce support with energy bills from April.
Government must shield vulnerable households if price cap drops January 4, 2023 The Government has to provide more targeted protection for households if the price cap plummets, warned Cornwall Insight.
UK faces blackouts threat if more plants taken offline, warns nuclear boss January 4, 2023 Nuclear power has been “absolutely vital to keeping the lights on this winter”, warned a leading industry boss.
Record winter heat across Europe drives down gas prices January 3, 2023 Record temperatures over the New Year across Europe has seen gas prices plummet, easing blackout fears.
Energy bills could drop below £3,000 and fall quicker for firms in 2023, experts predict January 3, 2023 Household energy bills could drop below £3,000 per year next winter if gas prices continue to ease, predicts Cornwall Insight.
Greencoat Renewables begins buying spree with flurry of wind farm deals January 3, 2023 Greencoat Renewables has expanded its European portfolio of renewable assets with a flurry of fresh acquisitions.
ExxonMobil sues EU over plans for bloc-wide windfall tax December 28, 2022 ExxonMobil has filed a lawsuit against the EU in a bid to overturn the trading bloc’s plans to impose a windfall tax on energy companies. The US oil major is seeking to challenge the EU’s authority to impose a 33 per cent levy on energy companies’ profits during the fiscal year 2022. Two of [...]
Wind farm developer threatens to sue UK government over plans for ‘windfall tax’ December 28, 2022 A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies. Community Windpower – which owns 1.5 GW of UK wind generation capacity – has said it will take legal action to block the UK’s Electricity Generator Levy. The temporary tax imposes a [...]
Govt launches £18m TV ads encouraging Brits to save energy December 27, 2022 A new TV advert will encourage people to save energy as the Government steps up its public information campaign. The ad comes as part of the Government’s £18 million It All Adds Up initiative, which was launched earlier this month to raise awareness of “straightforward” measures people can take to cut their bills over the [...]
Apology after postal strikes meant just 16 per cent of energy vouchers redeemed December 22, 2022 Royal Mail has apologised after just 16 per cent of energy bill support scheme (EBSS) vouchers were delivered by post this December. The company which has been crippled by strikes this month said sorry after cold Brits were left in the lurch, unable to get hold of energy metre vouchers. Vouchers are claimed by customers [...]