Ofgem stops short of ringfencing requirements for customer balances November 25, 2022 Ofgem has announced further measures to toughen up energy markets and ensure suppliers are financially resilient.
EU fails to agree price level for Russian oil cap as splits emerge in bloc November 24, 2022 The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.
Farmers without solar panels could lose out on £1bn as Government weighs up clampdown November 24, 2022 Farmers without solar panels could be missing out on up to £1bn over the next two years, according to new analysis from ECIU.
Exclusive: Government risks £30bn black hole without net zero roadmap November 23, 2022 The Government risks a £30bn-plus yearly black hole in its tax policy, warned environmental think tank Green Alliance.
Ofgem: Five suppliers have ‘severe weaknesses’ in treating vulnerable users November 22, 2022 Five UK energy suppliers have severe weaknesses in how they handle of vulnerable customers, according to the latest report from Ofgem.
Free market think tanks back solar projects as Government considers clampdown November 21, 2022 Two of the UK's leading free market think tanks have raised concerns over the potential tightening of solar power planning rules.
National Grid: Is it ready for the green revolution? November 21, 2022 National Grid faces vast challenges to ensure the UK's energy network is ready for a vast influx of renewable power, writes Nicholas Earl.
Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher November 21, 2022 The Government should reform stamp duty to boost the energy efficiency, argued Kingfisher, the owner of brands such as Screwfix and B&Q.
Scottish Power boss hammers huge levy on electricity generators November 17, 2022 One of the leading figures in the energy industry has slammed the Government’s decision to impose a 45 per cent tax on electricity generators. Keith Anderson, chief executive of Scottish Power, warned the new Electricity Generator Levy will create a “five-year long corridor of uncertainty for investors” which risks undermining the UK’s green ambitions. He [...]
Hunt hits renewables with levy and boosts windfall tax in £30bn-plus tax hike November 17, 2022 Hunt has announced a £14bn tax grab on domestic energy producers, bringing renewables into the toughened regime for the first time.