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Energy

  • Gas prices down 20 per cent in last week but what does it mean for your energy bills?

    January 6, 2023

    The average price of gas in the UK has fallen by 20 per cent in the last week, but Ofgem said it would have a “limited” impact on bills. Despite the drop, which is compared to the average price from February 2020, pre-Covid, the price of gas was still up one per cent on last [...]

  • Pubs: As record number predicted to go bust in 2023 hospitality guru urges gov to lift sector from ‘the abyss’

    January 6, 2023

    A record number of pubs, clubs and restaurants could go to the wall this year without more support, warned a leading industry voice.

  • “Doesn’t make sense”: SSE slam Government’s lack of incentives for renewable energy

    January 5, 2023

    SSE has urged the Government to include investment incentives in the new tax on electricity generators to avoid deterring investment in renewables.

  • China’s North Sea oil investments pose ‘very real risk to our security’, MPs warn

    January 5, 2023

    MPs across influential bodies in Westminster have urged the Government to clamp down on China’s role in the North Sea.

  • Pub boss leads business criticism of Hunt’s plan to cut support over sky-high energy bills

    January 4, 2023

    Business leaders have reacted negatively to Chancellor Jeremy Hunt's plan to significantly reduce support with energy bills from April.

  • Government must shield vulnerable households if price cap drops

    January 4, 2023

    The Government has to provide more targeted protection for households if the price cap plummets, warned Cornwall Insight.

  • UK faces blackouts threat if more plants taken offline, warns nuclear boss

    January 4, 2023

    Nuclear power has been “absolutely vital to keeping the lights on this winter”, warned a leading industry boss.

  • Record winter heat across Europe drives down gas prices

    January 3, 2023

    Record temperatures over the New Year across Europe has seen gas prices plummet, easing blackout fears.

  • Energy bills could drop below £3,000 and fall quicker for firms in 2023, experts predict

    January 3, 2023

    Household energy bills could drop below £3,000 per year next winter if gas prices continue to ease, predicts Cornwall Insight.

  • Greencoat Renewables begins buying spree with flurry of wind farm deals

    January 3, 2023

    Greencoat Renewables has expanded its European portfolio of renewable assets with a flurry of fresh acquisitions.

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