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Energy

  • 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.

  • Price cap: Government will ‘continue to help’ with high energy bills but falls short of fresh support packages

    February 27, 2023

    The government has stopped short of pledging fresh support - even with customers facing higher bills after today's price cap announcement.

  • Households face £900 hike to energy bills after Ofgem keeps price cap high at £3,280

    February 27, 2023

    Households face a painful hike to their energy bills, with support tapering off and the price cap remaining above £3,000.

  • Getting warmer: Have heat pumps finally cracked the mainstream market?

    February 27, 2023

    A price war for heat pumps was triggered last month, when British Gas owner Centrica unveiled a £3,000 product for households.

  • Scottish Power owner Iberdrola expects hefty profit rise before windfall tax

    February 22, 2023

    Scottish Power owner and Spain's biggest utility firm Iberdrola expects its net profit to increase by eight to ten per cent this year.

  • Flagship £450m green energy boiler scheme needs urgent reform to prevent it failing, Lords committee warns

    February 22, 2023

    The government’s boiler upgrade scheme is failing to deliver on its objectives, warned the environment and climate change committee.

  • Rio Tinto rocked by weaker commodity prices as it reports steep downturn in profits

    February 22, 2023

    Higher energy costs, inflation, and downward pressure on commodity prices has weighed on profits at multinational miner Rio Tinto.

  • UK risks falling behind US and EU in green energy race, warn MPs

    February 22, 2023

    MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.

  • Fossil fuel industry needs to do more to tackle methane emissions, warns IEA

    February 21, 2023

    The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, warns the IEA.

  • Energy firms face fines for breaking forced prepayment meter rules, Ofgem warns

    February 21, 2023

    Energy firms could be fined if they are found to have broken the rules around forced prepayment meter installations, Ofgem warned.

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