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Energy

  • Green Day: UK to fight back against Biden’s Inflation Reduction Act

    March 16, 2023

    The government will finally respond to the vast package of green energy subsidies and tax cuts unveiled across the pond.

  • Oil demand set for huge boost from China with 2023 to end ‘with a bang’, says IEA

    March 15, 2023

    The IEA says oil demand is edging up slowly but is set for a huge boost from resumed air travel and China's economic reopening.

  • Budget: Five changes to energy policy – and one that got away

    March 15, 2023

    City A.M. looks at the five biggest developments in the energy sector announced in Hunt's budget - and the one that got away.

  • Budget: Energy bills to drop £1,000 by July but will not fall below £2,000 by October

    March 15, 2023

    Cornwall Insight has unveiled its price cap predictions ahead of the Budget, raising expectations of a sharp fall in energy bills.

  • Budget: SSE boss urges Hunt to match green energy goals so UK can face down US competition

    March 15, 2023

    A leading energy boss has called on the Chancellor Jeremy Hunt to clear the way for a "decade of delivery" on UK energy supplies.

  • Eon plans big investment hike in grids and retail business after optimistic outlook

    March 15, 2023

    Eon - Europe's biggest operator of energy networks - plans to boost investment in its grids and retail businesses to £29.1bn (€33bn).

  • Meter scandal: British Gas were ‘aware’ of forced pre-payment visits, says Arvato

    March 15, 2023

    British Gas was aware of every visit third parties took to people’s homes for forced prepayment installations, confirmed Arvato.

  • Harbour Energy proposes carbon capture scheme to meet UK energy goals

    March 15, 2023

    A proposed carbon capture, storage and transport project in the Humber region could help the UK meet its net zero goals, predicts Harbour.

  • Budget exclusive: Hunt weighs up price floor on windfall tax over fears key North Sea project could collapse

    March 14, 2023

    The government is weighing up plans to bring in a windfall tax price floor amid fears Equinor could pull out of a key oil and gas field.

  • Centrica anticipates power boost as EDF extends lifespan of ageing nuclear fleet

    March 14, 2023

    British Gas owner Centrica expects to boost its electricity generation following EDF's decision to expand lifespan of two nuclear plants.

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