Capping onshore wind farms at 20 GW “could add £125 to home bills”; ECIU

Leading academic analysts have speculated that failure by the Johnson administration to free up onshore wind parks could add as much as £125 to...

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...

Crisis: Gas hike set to outlast “temporary” Johnson, as Centrica and Ovo moot green respite

Britain’s head of government, confessed attender at a No 10 lockdown party and late apologist for insulting the conscientious, suffered further humiliation today, as...

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...

Deeper windfall grab “likely on renewable gencos’ revenues”, as businesses benefit from bill relief

Chancellor Jeremy Hunt & premier Rishi Sunak are reported to be eyeing deeper first windfall taxes on renewable generators, as they attempt to plug...

BP and Shell sever Putin ties, as Total retains them

Divestment by western fossil fuel majors from partnerships in Vladimir Putin's Russia stumbled onwards today, with observers questioning continuing involvement by TotalEnergies and Exxon. Shell,...

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,...

Ofgem’s five elements to reform the Price Cap

Britain’s power regulator this morning opened as promised a month of consultations on how to overhaul the retail price cap, after weeks of its...

“Horrific” October price surge will threaten mental health, Martin Lewis’s charity tells suppliers

Money-saving expert Martin Lewis' charity linking depression and debt today urges energy retailers to step up support for vulnerable customers during Britain’s long energy...

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...

Ovo “to cut 1,700 jobs” amid crisis

Ovo Energy is reportedly contemplating cutting up to a quarter of its workforce, as the world’s accelerating wholesale gas crisis bites into its biggest...

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...

Yoking renewables earnings into Hunt’s windfall tax “disproportionate to clean generators’ profits”, says Cornwall

Any move by Chancellor Jeremy Hunt to extend to renewable power retailers the government’s windfall tax on excess energy profits would be unfair on...

Speed up renewables’ roll out to loosen Putin’s gas chokehold, EU chief urges

Accelerating Europe’s deployment  of clean power from wind, solar and geothermal heat must be the continent's priority, as it battles to ease Russia’s grip...

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,...

Bulb’s collapse pushes energy crisis’ UK victims beyond 3.5 million

Today’s collapse of renewables-only energy supplier Bulb with 1.7 million customers – praised by prime minister Johnson as recently as July as “ leading...

Hurried market reform risks spooked investors and dearer power, Cornwall Insight warns

Too hasty reform of Britain’s £ multi-billion electricity market could deter investors, leading to higher bills, energy analysts Cornwall Insight have advised. Whitehall is committed...

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...

Cornwall Insight:  Overhaul market design to boost sensitivities between wholesale and retail  

Root and branch reform of UK wholesale and retail energy markets is needed to avoid repeats of impending market failures threatening to pitch millions...

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...