Ovo backs Ofgem call for ‘radical’ redesign of energy price cap as Brits brace for winter August 16, 2023 Ovo has supported Ofgem's calls for the set up of the energy price cap to be reconsidered, with household bills to stay high this winter.
Inflation: Falling energy bills and price cap helps drive down prices August 16, 2023 Falling energy costs are taming once rampant inflation rates, with the consumer price index rising at its lowest rate since last February.
One year on from Biden’s Inflation Reduction Act: Britain risks ‘divine right’ as frontrunner in green race August 16, 2023 The UK risks its position in the green energy race if it fails to respond to the US Inflation Reduction Act, an industry boss warns.
Wind turbines are getting old, here’s how the UK’s ageing fleet keeps spinning August 16, 2023 Wind turbines are routinely regarded as an energy source of the future, as debates spin over its upcoming role in the country’s supply mix.
All eyes on former hydrogen darling ITM Power’s results amid turbulence for green tech players August 15, 2023 ITM Power will finally unveil its results on Thursday this week, with the troubled hydrogen specialist delaying the announcement this summer.
Ofgem: “Broad and crude” energy price cap needs looking at August 15, 2023 Ofgem boss Jonathan Brearley has urged ministers to reconsider whether the "very broad and crude" price cap is still fit for purpose.
Rio Tinto suffers from China’s sluggish revival despite inching closer to mega mine project in Guinea August 15, 2023 Investor sentiment towards multinational miner Rio Tinto has not improved in this week's early trading on the London Stock Exchange.
Solar body urges government to expand boiler scheme and mandate new panels after record installations August 14, 2023 The government should expand the upgrade scheme for boilers with higher grants and mandate solar panels in new homes, says industry body MCS.
Oil price rally unlikely to hit $100 per barrel milestone this year, experts say August 14, 2023 Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.
Net zero hopes are a fantasy without serious grid reform August 14, 2023 The government’s attempts to revive the UK’s North Sea oil and gas industry have fuelled debate across Westminster - but grid reform is key.