Suppliers must improve customer performance after energy crisis May 22, 2023 Ofgem will meet this week to establish the latest update to the quarterly price cap, with energy suppliers under more scrutiny.
Enough with excuses, energy suppliers must up their game May 22, 2023 Ofgem will meet to establish the latest update to the price cap, meaning a potential 30 per cent reduction in energy bills this summer.
Ovo and Good Energy to pay £4m compensation for overcharging customers during energy crisis May 18, 2023 Ovo Energy and Good Energy are set to pay £4m in compensation after overcharging customers during the energy crisis.
‘Polite queuing’ will not decarbonise energy grid, says Ofgem boss May 16, 2023 Britain will not achieve its ambition to decarbonise the electricity grid by the mid-2030s with the current system of “polite queuing."
National Grid needs ‘tens of billions’ to hit net zero goals, boss warns May 14, 2023 UK's electricity network needs tens of billions of pounds of investment to hit net zero goals, says National Grid boss John Pettigrew
UK looks to butter up NIMBYs with energy bill discounts for supporting new onshore wind May 11, 2023 Households living near prospective onshore wind turbines could be offered lower energy bills in exchange for supporting new projects.
John Wood Group’s revenues rise as Apollo deal deadline looms May 11, 2023 John Wood Group said on Thursday its quarterly revenue rose on the back of a steady demand across its business units.
High power prices boost Engie earnings in first quarter May 11, 2023 French energy company Engie on Thursday reported a rise in first-quarter earnings, buoyed by high European power prices.
BNP Paribas stops financing new oil and gas fields in green clampdown May 11, 2023 BNP Paribas has announced it will no longer provide any financing dedicated to new oil and gas fields as it shifts to a net zero world.
UK needs a strategy to develop home-grown battery industry before it’s too late, tech boss warns May 11, 2023 The UK government must continue to support the creation of a British battery industry, a senior tech boss has warned.