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Shell Energy has adopted 255,000 customers from recently collapsed Green Supplier, just one week after British Gas took on 350,000 customers from People’s Energy. Industry regulator Ofgem appointed Shell Energy to take on the extra customers, whom had been fearing higher energy bills this winter as a result of losing their supplier. Outstanding credit balances, [...]
Lengthy queues of vehicles snaked their way to gas stations in London this weekend where an acute shortage of truck drivers has led to fuel rationing and some pumps running dry, and prompted the government to consider issuing temporary work visas. Watch the full report.
A £16bn project to build the world’s longest power link will supply seven million UK homes with ‘near constant, low-cost clean energy’ according to its new chair, former Tesco boss Sir Dave Lewis. The renewable energy plan by Xlinks will take power from 10.6 gigawatts of large-scale solar and wind farms in Morocco via a [...]
With energy prices rising, the furlough scheme due to end on Thursday and Universal Credit being cut a week later, a “perfect storm for homelessness” is looming for struggling renters. More than a quarter of renters already struggle to heat their homes in winter. A survey carried out by YouGov on behalf of housing charity [...]
The government is urging Brits “buy fuel as normal”, after the ongoing lorry driver shortage issue reached gas stations yesterday. BP said a number of its filling stations are closed due to a lack of fuel available, while Esso owner ExxonMobil also said a “small number” of its Tesco Alliance petrol forecourts have been impacted. [...]
Oil and gas companies are set to ramp up production in the Arctic by 20 per cent in the next five years, according to a new report shared with City A.M. this morning. The main Arctic expansionists – Gazprom, Total and ConocoPhillips – are backed by hundreds of billions of pounds from dozens of City [...]
Kwasi Kwarteng and Ofgem chief executive Jonathan Brearley have confirmed they had taken a unified position over the price ceiling continuing. The energy regulator and the Business Secretary agreed the energy price cap must “remain in place” during crunch talks to find a solution to record gas costs. Kwarteng held a crisis meeting with the [...]
The UK’s competition watchdog has today given British businesses a deadline of the end of the year to resolve any misleading green marketing claims – so-called “greenwashing” – to avoid regulatory action. At the beginning of 2022, the UK’s Competition and Markets Authority (CMA) will carry out a full review of the environmental declarations made [...]
Sadiq Khan, the Mayor of London, has announced that new Transport for London (TfL) buses will be carbon neutral, as the UK prepares to host COP26. TfL said in a statement that by the end of next year, ten per cent of London’s bus network will be zero-emission as the network has committed to only [...]
The National Audit Office (NAO) has criticised the government’s abandoned £1.5bn Green Homes scheme as “rushed,” saying it frustrated homeowners and failed to create jobs. The Green Homes grant scheme was introduced to help meet the Government meet its ambitious target of net-zero carbon emissions by 2050. Buildings account for 19 per cent of UK [...]
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