Energy efficiency forgotten in Truss’s uncosted crisis rescue, IfG warns

Britain needs to learn from its neighbours in tackling soaring energy bills, not least in remedying its long-neglected insulation for homes and factories, a...

More solar “clearly in Treasury’s interest”, say lobbyists urging price reforms

Liz Truss’ new steps to curb soaring energy prices mean expanding Britain’s installed base of solar generation makes more sense than ever, trade body...

Bills crisis: Truss starts split of power prices from gas costs, protects oil extractors,...

The first act of Liz Truss’ government opened this morning, with the prime minister announcing her much-trailed package to ease the crisis of rocketing...

Energy ministers silent and absent, as Ofgem raises price cap to £3,549 from October

As widely predicted three months ago, regulator Ofgem today confirmed a 80% rise in the increasingly discredited retail price ‘cap’, with average annual household...

Energy bills to spark “humanitarian crisis”, say top NHS officials

This winter’s promised soaring energy costs will inflict worsening health for bill payers and their families, provoking a humanitarian crisis, NHS leaders warned today. Speaking...

Ofgem director Farnish quits over price cap calculation

Beleaguered energy regulator Ofgem faced further pressure this morning, with news that Christine Farnish, a non-executive director sitting on its supervisory board GEMA, has...

Crisis: Scrapping green levies “saves only £13 a month” says REA, as government consults...

Removing the ‘green levies’ element in gas and electric bills will save average home consumers no more than £153 per year, the Renewable Energy...

Price cap torture “set to worsen”: Cornwall ups forecasts for Q1 next year to...

The excruciating pain already showing itself in Britain’s homes from now quarterly rises in Ofgem’s price cap on home energy, is set to increase,...

Quarterly price caps from Ofgem open door to more frequent tariff changes

The retail price cap supposedly limiting bills for an estimated 24 million domestic customers will be revised quarterly, and no longer every six months,...

“Devastating” Cornwall view:  Price cap “to stay above £3,000 until at least 2024”

Two continuing years of unprecedented consumer misery from fuel bills are predicted in latest research from analysts Cornwall Insight. The respected energy economists this morning...

MPs eviscerate Ofgem’s failed oversight of 29 supplier collapses

Britain’s energy market regulator was for years asleep at the wheel as it allowed under-capitalised new suppliers unsustainably to break the Big Six’s dominance...

Energy Security bill: stakeholders offer reaction

Industry observers have reacted to the government’s new energy security bill. As the lame-duck Johnson administration enters its supposedly final weeks, the bill aims to...

“Worst customer service on record” from energy suppliers, Citizens Advice finds  

Standards of customer service delivered by energy suppliers have fallen to the worst in the six years since Citizens Advice began assessing them, the...

Climate scientists: Johnson administration talking big, under-delivering on carbon transition

Britain’s path to net zero is being imperilled by the Johnson’s government’s over-reliance on long-term targets, market mechanisms, unproven new technology’, and not enough...

Analyst boss doubts NG’s residential load-shedding drive

A leading analyst has questioned the effectiveness of National Grid’s hopes of extending pre-announced load-shedding into domestic power supply. The backbone operator was yesterday reported...

Homes “to get paid to dial down”:  NG-ESO mulls paid load shifting for households

Britain’s backbone power operator is reportedly pondering paying domestic users to dial down demand at peak hours this winter, in a bid to stave...

Energy costs top Covid recovery as corporates’ main concern, survey finds

Energy costs have overtaken the recovery from Covid-19 as the top concern for UK businesses, according to a new report released today.  Four in...

Regulator clamps down on crashed suppliers’ direct debits & swollen credit balances

Ofgem today introduced tougher financial requirements on home energy suppliers, designed to stave off a repeat of last year’s collapse of 28 firms licenced...

EDF agrees six month coal extension, as UK hedges against Putin

Fears over power shortages this winter sparked by the Ukraine war have prompted D-BEIS secretary Kwasi Kwarteng and the UK’s biggest remaining coal-fired generator...

For ‘windfall tax’, read ‘profits levy’: Sunak doubles fuel help, as £15bn package offers...

After weeks of denying he’d impose a windfall tax on North Sea oil and gas extractors, Chancellor Rishi Sunak today bowed to Ofgem’s fears...