Energy bill support to cost billions as Ofgem unveils monster £4,279 price cap November 24, 2022 The energy price cap will rise by a further £700 in the new year, Ofgem has announced - a 20 per cent hike to its current record rates.
Feeling the chill: Hospitality bosses fear energy firms are profiteering in a crisis November 24, 2022 Hospitality bosses have accused suppliers of “deliberately profiteering” of the energy crisis, writes City A.M.
Hunt urges Brits to ‘take responsibility’ with their energy bills with support to end in 2024 November 23, 2022 Universal support for household energy bills will not be extended again, confirmed Jeremy Hunt to MPs today.
Wartsila boss calls for onshore wind to power Europe’s energy ambitions November 23, 2022 Onshore wind should "absolutely" be part of Europe's ambitions, as it looks meet net zero goals and reduce its reliance on overseas supplies.
Gas prices rise as Gazprom threatens supply cuts to Ukraine pipeline November 23, 2022 Gas prices have climbed after Gazprom warned it could further limit supplies into Europe next week amid a dispute with Ukraine.
Exclusive: Government risks £30bn black hole without net zero roadmap November 23, 2022 The Government risks a £30bn-plus yearly black hole in its tax policy, warned environmental think tank Green Alliance.
Drax denies emissions claims in heated Westminster exchange November 22, 2022 The boss of Drax refused to comment on whether the energy firm is the second largest emitter of CO2 in the country.
Equinor pledges $1.44bn investment to deepwater Arctic gas field November 22, 2022 Equinor have announced they will invest $1.44bn in developing one of the deepest gas fields off the coast of Norway.
EU Commission unveils price limit for gas price cap ahead of crunch talks November 22, 2022 The European Union's executive arm has proposed a year-long gas price cap of €275 per megawatt hour on the Dutch benchmark.
Energy boss calls on suppliers to offer innovative solutions to survive November 22, 2022 Energy suppliers have to offer creative options to customers if they are to survive, argued the boss of Utility Warehouse.