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Energy

  • A tale of two industries: Government will regret saving steel over Britishvolt

    January 23, 2023

    The government could regret backing British Steel while leaving Britishvolt to collapse, writes energy editor Nicholas Earl.

  • Falling gas prices could slash cost of propping up Bulb Energy by hundreds of millions of pounds

    January 23, 2023

    The bill for propping up Bulb Energy for over a year could be slashed significantly, following a sharp drop in wholesale prices over the winter.

  • Technology costs and inflation could drive up price of wind power

    January 22, 2023

    The price of wind power could rise in the coming years, warns Cornwall Insight, as technology comes more expensive

  • UK government gives millions to China-backed semiconductor firm in Lincoln

    January 22, 2023

    A microchip maker whose owner has alleged links to China's military has reportedly been handed £3m in government support.

  • National Grid triggers household energy saving plan as cold snap bites

    January 22, 2023

    Households will be paid to cut their energy use as a precaution, with frosty weather straining the National Grid's energy network.

  • Grant Shapps cracks down on suppliers forcing households to use prepayment meters

    January 22, 2023

    Grant Shapps has told energy suppliers they must stop forcing financially vulnerable households to switch to prepayment meters.

  • Copper prices set to surge this year as China reopens

    January 22, 2023

    Copper prices could boom this year, with China loosening its stringent zero-Covid policies – boosting demand for the orange metal.

  • SSE hikes profit expectations powered by oil and gas prices

    January 20, 2023

    SSE has raised its profits forecasts from 120p to 150p per share for the full-year, following soaring oil and gas prices.

  • Starmer tells Davos Labour would ban oil and gas projects, as critics say it jeopardises net zero and energy security

    January 20, 2023

    Labour risks the UK's energy security by calling for no further investment new oil and gas projects in the North Sea, OEUK warned.

  • Energy bills: Octopus tops Which? survey with SSE and Scottish Power trailing behind amid calls for more customer support

    January 20, 2023

    Octopus Energy has topped a well-known annual customer survey, after winning over households with its customer service.

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