Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers March 1, 2023 Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
High fertiliser prices add £78m per month to farmers bills, says ECIU March 1, 2023 High fertiliser costs are adding £78m to farmers’ monthly bills amid fresh food shortages, according to the ECIU.
Investors pocket record $1.56 trillion as oil and gas firms fuel dividend bonanza March 1, 2023 Shareholders pocketed record dividend payouts last year in a bonanza driven by oil and gas firms cashing in on soaring energy prices, new research has revealed.
Gas markets plagued with uncertainty after Russia sanctions, IEA warns February 28, 2023 The global gas balance remains fragile this year, with markets riven with uncertainty, warned the International Energy Agency.
Government subsidies for Octopus’ Bulb takeover unlawful, rivals tell court February 28, 2023 The government granted unlawful subsidies to Octopus Energy to take over collapsed energy supplier Bulb - rivals told a major court.
UK risks falling behind in global net zero race if it lowers green ambitions, ex climate minister Skidmore warns February 28, 2023 The UK risks falling behind rival countries in the "international net zero race" if it lowers its climate ambitions.
BP boss defends oil and gas spending and calls for ‘orderly’ green transition amid protests February 28, 2023 BP boss Bernard Looney has called for an "orderly" transition to the renewable energy, defending the company's oil and spending.
Shapps looks to win US support for green energy projects in net zero race February 28, 2023 Grant Shapps is hoping to sustain the UK’s role as a major player in the net zero race, and woo his US counterpart with joint projects.
Analysis: Britishvolt and the government are no longer together in electric dreams February 27, 2023 The Britishvolt deal saves the firm and spares the government's blushes - but the UK is stuck at the drawing board for its EV ambitions.