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Energy

  • Sizewell C is not enough to meet UK energy ambitions, warns nuclear boss

    November 28, 2022

    The Government needs to approve more projects to boost the role of nuclear power in the UK's energy mix, warned NIA boss Tom Greatrex.

  • Octopus Energy urges Ofgem to enforce hedging to protect the industry

    November 25, 2022

    Octopus Energy has urged the regulator to put more emphasis on hedging to boost the resiliency of domestic suppliers.

  • SSE offloads transmission network stake to Canadian pension fund in £1.5bn deal

    November 25, 2022

    SSE has sold a 25 per cent stake in its electricity transmission network in Scotland to the Ontario Teachers’ Pension Plan Board for £1.5bn.

  • Government to fund insulation for middle-income earners to slash bills

    November 25, 2022

    Plans to fund loft and cavity wall insulation, alongside smart heating controls, are set to be unveiled by Business Secretary Grant Shapps.

  • Ofgem stops short of ringfencing requirements for customer balances

    November 25, 2022

    Ofgem has announced further measures to toughen up energy markets and ensure suppliers are financially resilient.

  • ITM hires Linde Engineering’s Dennis Schulz as new CEO

    November 25, 2022

    ITM Power has hired Dennis Schulz as its new chief executive. Schulz will join the energy company at the start of next month.

  • Water companies are dumping sewage in dry weather, warns surfer campaign group

    November 24, 2022

    Water companies have been engaging in so-called dry spills, according to campaign group Surfers Against Sewage.

  • EU fails to agree price level for Russian oil cap as splits emerge in bloc

    November 24, 2022

    The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.

  • Farmers without solar panels could lose out on £1bn as Government weighs up clampdown

    November 24, 2022

    Farmers without solar panels could be missing out on up to £1bn over the next two years, according to new analysis from ECIU.

  • Energy bill support to cost billions as Ofgem unveils monster £4,279 price cap

    November 24, 2022

    The energy price cap will rise by a further £700 in the new year, Ofgem has announced - a 20 per cent hike to its current record rates.

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