Wind farm developer threatens to sue UK government over plans for ‘windfall tax’ December 28, 2022 A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies. Community Windpower – which owns 1.5 GW of UK wind generation capacity – has said it will take legal action to block the UK’s Electricity Generator Levy. The temporary tax imposes a [...]
Govt launches £18m TV ads encouraging Brits to save energy December 27, 2022 A new TV advert will encourage people to save energy as the Government steps up its public information campaign. The ad comes as part of the Government’s £18 million It All Adds Up initiative, which was launched earlier this month to raise awareness of “straightforward” measures people can take to cut their bills over the [...]
Apology after postal strikes meant just 16 per cent of energy vouchers redeemed December 22, 2022 Royal Mail has apologised after just 16 per cent of energy bill support scheme (EBSS) vouchers were delivered by post this December. The company which has been crippled by strikes this month said sorry after cold Brits were left in the lurch, unable to get hold of energy metre vouchers. Vouchers are claimed by customers [...]
Brits need more information for heat pump roll-out, says energy specialist December 21, 2022 Brits need to be shown more details about heat pumps and their potential cost-saving benefits, says Energy Systems Catapult.
European Commission clears Germany’s Uniper bailout December 21, 2022 The European Commission said on Tuesday it had approved Germany's €34.5bn plan to recapitalise German natural gas trader Uniper.
Octopus completes Bulb Energy takeover after year-long saga December 21, 2022 Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers after year-long saga.
UK will be scrambling for gas when the wind doesn’t blow, warns expert December 21, 2022 The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts, warns expert.
Government must outline support for businesses, urges leading energy supplier December 20, 2022 One of the UK’s leading energy suppliers has criticised the delay in outlining future support for businesses beyond next spring.
Ouch: Petrofac predicts $100m loss, causing shares to plummet December 20, 2022 Petrofac's shares slid to a record low on Tuesday after the embattled company forecast an operating loss of $100m in its full-year results.
Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz December 20, 2022 Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.