Kwarteng’s eased planning rules can “lower bills for all”, says Octopus’s Jackson
The founder of the UK’s biggest all-renewable energy retailer warmly welcomed chancellor Kwasi Kwarteng’s promise this morning to ease planning requirements on onshore wind...
Fracking ban lifted, as D-BEIS confirms 100 new North Sea licences
The government this morning tore up a manifesto commitment, rescinding Britain’s 2019 moratorium on onshore fracking for gas, citing the need to increase national...
Draughty homes leak “a third of energy spend” out of the window, Citizens Advice...
Yet another report has highlighted the energy efficiency hole at the heart of the Truss government's measures to cap home heating bills.
Despite the government's...
Rees-Mogg dodges Parliament, puts numbers on 6-month business retail energy cap
New energy secretary Jacob Rees-Mogg announced this morning that businesses will have a six-month cap, their first ever, to curb rocketing energy prices.
A ceiling...
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...