Windfall tax hike risks no new investment in North Sea, warns analyst November 14, 2022 The UK risks no new investment in the North Sea oil and gas sector, if the Government toughens up the windfall tax, warns Stifel.
Insulating homes could cut gas imports more than North Sea drilling, says green body November 14, 2022 Insulating the UK's entire housing stock could reduce gas demand by 20 per cent according to new research from the ECIU.
SMEs fear ‘cliff-edge’ energy bills in April, warns British Chamber of Commerce November 13, 2022 Nearly half of SMEs fear they will not be able to pay their energy bills once the Government’s support package ends next March, warns BCC.
Ofgem must review supplier of last resort process, says Westminster body November 13, 2022 The administration process for suppliers has to be reviewed, with households set to foot a £2.7bn bill to clean up the energy market.
Exclusive: North Sea firms urge Government to protect investment relief as windfall tax hike looms November 12, 2022 North Sea oil and gas producers are urging Government to ensure investment relief is continued in line with any windfall tax expansion.
Windfall tax makes no sense for renewables, says Cornwall Insight November 12, 2022 It would be disproportionate to expand the windfall tax to electricity generators, argued Cornwall Insight, amid a commodities boom.
Octopus pushes for Bulb deal after approval delayed by rivals’ intervention November 11, 2022 Further delays in the sale of Bulb Energy are not in the interests of customers or the British taxpayer, argued incoming buyer Octopus Energy.
National Grid urges ‘transparency’ as it commits £40bn to UK’s energy system November 10, 2022 National Grid has called for stability in the UK’s investment climate, so it can ramp up infrastructure and help the country transition to a greener future.
Exclusive: Industry body slams UK-US LNG deal following fracking snub November 8, 2022 UKOOG has hammered the Government's decision to chase a long-term LNG deal with the US, while banning fracking.
Boost energy efficiency to tackle climate change, says Schneider Electric November 8, 2022 There needs to be more of a focus on less exciting parts of the green transition, argued a leading analyst at Schneider Electric.