Harbour Energy ramps up industry calls for price floor inclusion in windfall tax April 3, 2023 Harbour Energy has made fresh warnings about the UK’s investment climate amid uncertainty over a price floor in the windfall tax.
Green Day’s Good News: Here are the winners in the energy sector April 3, 2023 Green Day is over - with much of the energy industry disappointed. But there were some winners which Morning Wire highlights.
Tory row erupts over response to US green subsidies after Hunt refuses to go ‘toe to toe’ with Biden March 30, 2023 Conservative MPs are divided over plans for the UK’s response to the US green subsidies scheme after the Chancellor said Britain would not go “toe to toe” with president Joe Biden. Net zero secretary Grant Shapps today unveiled proposals to ‘power up’ Britain with new energy security measures, in what was expected to be a [...]
What was in ‘Green Day’? How has the energy sector responded? March 30, 2023 Grant Shapps outlined plans to boost the UK's green energy revolution this morning, but has faced strong blowback from the industry.
Green Day: Industry slams government over lack of new policies to rival US subsidies March 30, 2023 The UK risks falling behind its rivals in the global green energy race, after Whitehall’s latest raft of policies failed to cough up cash.
NAO questions Octopus’ finances after Bulb takeover – but deal will save the taxpayer money March 29, 2023 The UK’s public spending watchdog has raised concerns over Octopus' “weaker financial position than its rivals” following its takeover of Bulb.
Ovo Energy weighs up Shell takeover in bid to overtake Octopus and EON March 29, 2023 Ovo Energy is weighing up a potential takeover of Shell's household energy business which could boost its books with 1.4m more customers.
Why National Grid needs to speed up renewable connections to win over energy investors March 29, 2023 National Grid needs to speed up grid connections for new renewable projects if it wants to win over more investors, argues Octopus.
Miliband slams North Sea oil and gas field as he unveils Labour’s Green Day March 28, 2023 Ed Miliband criticised the prospect of Rosebank - a new mega gas and oil field being approved in the North Sea.
Why energy experts support Shapps’ slashing of the green levies March 28, 2023 Shapps’ plan has received a warmer response from the industry, with the debate over shifting levies to taxes or gas bills.