Marsh launches world’s first dedicated hydrogen insurance fund August 22, 2022 Insurance broker Marsh today set out plans to launch the world’s first ever dedicated hydrogen insurance offering, to provide coverage for new and existing H2 energy projects. Marsh’s new fund will provide cover worth up to $300m per project in a bid to capitalise on a fast-growing sector that is set to see $150bn invested [...]
Leading farming union defends solar panels from Tory attacks August 21, 2022 The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from both Tory leadership contenders.
Soaring energy bills could plunge Britain into a ‘humanitarian crisis,’ NHS leaders warn August 19, 2022 NHS leaders have warned that soaring energy bills could plunge the UK into a “humanitarian crisis” by driving a surge in hospital admissions. The heads of NHS trusts in England, Wales and Northern Ireland called on the government limit price hikes and offer greater financial support to prevent a “public health emergency”. The NHS chiefs [...]
Ofgem places the cost of supplier failures on to standing charges August 18, 2022 Ofgem has opted against shifting the costs of supplier failures to unit rates, and has instead kept them on standing charges.
China to prop up coal power plants as heatwave drives up demand August 18, 2022 China has offered support for its coal power plants to maintain electricity supplies, as demand for energy surges amid an extreme heatwave.
Germany will struggle to reach gas storage target warns energy chief August 18, 2022 Germany will struggle to reach its November targets for gas storage levels this winter, warned the country's energy regulator.
Energy UK calls on Government to offer loans to businesses facing ultra-high bills August 18, 2022 Energy UK has called for the Government to work with industry and financial institutions, and bring in a deficit tariff scheme.
Exclusive: Industry faces £50bn ‘ticking time bomb’ of record energy bills August 17, 2022 UK industry will suffer painfully high energy costs next year, fuelled by soaring wholesale costs.
Brits could suffer £5,600 energy bills as power and gas prices climb to record highs August 17, 2022 The consumer price cap will spike to £5,600 per year amid sustained supply shortages in Europe.
Second smelter closes down as industry grapples with soaring energy bills August 17, 2022 The second European smelter in two days has announced it will halt production because of soaring energy costs.