Uniper bailout edges closer as energy crisis deepens July 20, 2022 Uniper is closing on a bailout from the German government, which is weighing up a 15-30 per cent stake in the company.
EU calls on member states to cut gas usage 15 per cent amid fears Russia will turn off the taps July 20, 2022 The European Union (EU) has urged member states to cut gas usage by 15 per cent until heading into winter to stave off shortages from Russia.
Sunak dangles red meat to Tory members with onshore wind farm crackdown July 20, 2022 Former Chancellor and leading Tory leadership contender Rishi Sunak has committed to keeping in place tight planning onshore wind planning rules.
Sizewell C one step closer to construction after Government greenlights development July 20, 2022 The Government has granted development consent for Sizewell C - a proposed nuclear plant off the coast of Suffolk.
Octopus Energy submits the only bid for collapsed supplier Bulb Energy after auction process July 20, 2022 The Government is weighing up Bulb Energy's future after the auction process for the fallen energy firm attracted just one bid.
Martin Lewis warns government of ‘financial time bomb’ as cost of living crisis worsens July 20, 2022 Martin Lewis warned the government of a “financial time bomb” due to explode in September as the UK’s cost of living crisis intensifies. The founder of MoneySavingExpert.com issued an “open video letter” to the current Conservative Party leadership candidates and warned of even higher energy costs and civil unrest as the UK struggles with record [...]
Government unveils £75m nuclear fund to secure fuel production for new reactors July 19, 2022 Downing Street has unveiled a £75m strategy to boost investment into the production of fuel for nuclear reactors.
E.ON backs ringfencing proposals as energy firms lock horns over market reforms July 19, 2022 One of the UK's largest energy firms has sided with Centrica in the escalating industry row over ringfencing customer credit balances.
Government suffers setback as judge rules net zero plans are ‘unlawful’ July 19, 2022 Ministers will have to rewrite their plan for net zero carbon emissions, after the High Court determined the current strategy was 'unlawful'
EU braces for supply shortages amid growing doubts over Nord Stream gas flows July 19, 2022 The executive arm of the European Union has raised the prospect of supply shortages this winter, revealing it does not expect NS1 to come back online.