Goldman Sachs warns EU risks clean energy exodus as US lures investment January 10, 2023 Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation strategy, warns Goldman Sachs.
Sadiq Khan hammers Hunt for slashing support for businesses grappling with sky-high energy bills January 9, 2023 Sadiq Khan has urged Hunt to reconsider its plan to drastically cut support in energy bills, fearing an uncertain future for businesses.
Struggling Britishvolt in talks with investors about buying majority stake January 9, 2023 A consortium of investors are in talks to buy a majority stake in Britishvolt, offering the troubled battery start-up a much-needed lifeline.
Shell weighs up UK investment plans as windfall tax bites January 9, 2023 Shell is still considering whether to cut back on future energy projects in the North Sea, after the windfall tax was hiked.
Nuclear boss urges govt to back small modular reactors with ‘pace and urgency’ January 9, 2023 The head of the UK's leading nuclear body has urged the Government to pursue SMRs with "pace and urgency."
EDF Energy backs Ofgem reforms as Centrica makes fresh ringfencing push in bid to ‘protect’ consumer balances January 8, 2023 EDF Energy has backed Ofgem’s plans to toughen financial requirements for suppliers - which stop short of full ringfencing.
Gas prices down 20 per cent in last week but what does it mean for your energy bills? January 6, 2023 The average price of gas in the UK has fallen by 20 per cent in the last week, but Ofgem said it would have a “limited” impact on bills. Despite the drop, which is compared to the average price from February 2020, pre-Covid, the price of gas was still up one per cent on last [...]
Pubs: As record number predicted to go bust in 2023 hospitality guru urges gov to lift sector from ‘the abyss’ January 6, 2023 A record number of pubs, clubs and restaurants could go to the wall this year without more support, warned a leading industry voice.
“Doesn’t make sense”: SSE slam Government’s lack of incentives for renewable energy January 5, 2023 SSE has urged the Government to include investment incentives in the new tax on electricity generators to avoid deterring investment in renewables.
China’s North Sea oil investments pose ‘very real risk to our security’, MPs warn January 5, 2023 MPs across influential bodies in Westminster have urged the Government to clamp down on China’s role in the North Sea.