Brits set for painful hikes to energy bills despite more support, warn analysts November 19, 2022 Household energy bills will continue to rise next year from record levels this winter, warns specialist group Cornwall Insight.
Government backs Sizewell C as Hunt approves £700m funding November 17, 2022 The UK's nuclear ambitions were given a fresh vote of confidence from the Government today, with Sizewell C set for £700m funding.
Cost of bailing out failed firm Bulb Energy balloons to £6.5bn November 17, 2022 Bulb Energy's inglorious year-long stint in special administration has cost £6.5bn, according to the latest reports from the OBR.
Government commits £6bn for energy efficiency drive to ease record bills November 17, 2022 The Government has committed further funding for a nationwide drive to boost the energy efficiency of people's homes.
Hunt hits renewables with levy and boosts windfall tax in £30bn-plus tax hike November 17, 2022 Hunt has announced a £14bn tax grab on domestic energy producers, bringing renewables into the toughened regime for the first time.
Over 10m people at risk of exposure to record energy bills if Treasury cuts support November 16, 2022 Over 10m people in fuel poverty could be excluded from support packages for their energy bills, warned progressive think tanks SMF.
North Sea oil and gas production will be hit by hiked windfall tax, says Investec November 16, 2022 The UK jeopardises future North Sea oil and gas production, if the windfall tax is toughened up tomorrow, argued Investec.
Government in danger of missing nuclear targets, warns industry boss November 16, 2022 The Government is in danger of missing pledged targets to ramp up nuclear power and boost the UK's supply security.
SSE profits soar in line with energy prices as windfall tax expansion looms November 16, 2022 Energy giant SSE reported a 221 per cent surge in pre-tax profits for the first half of the year today on the back of spike in gas and electricity prices this year.
Indonesia reaches £17bn climate partnership with world’s wealthiest nations November 15, 2022 A group of the world's wealthiest nations has entered into a $20bn energy partnership with Indonesia, which hosting the G20 summit.