Toasty! Government draws down another £19 million for heat networks
Britain’s embrace of low-emissions heat networks is set to warm further, fuelled by £19.1 million of new support from Whitehall announced late last month.
Piped...
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...
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...
Supermarkets team up with power co-ops to urge more green generation
High Street food giants including Tesco, M&S and Morrisons have joined forces with Community Energy England, calling for faster progress by PM Rishi Sunak...
Kwarteng seeks to calm energy chiefs, as Price Cap’s architect calls for its overhaul
Beleaguered energy secretary Kwasi Kwarteng won the support of Britain’s power bosses today, reassuring them that vulnerable consumers would be continue to be protected,...
Competition watchdog finds ‘cause for concern’ in refineries’ pricing
Cartel-busters at the government’s arms-length Competitions and Markets Authority have reported to D-BEIS their ‘cause for concern’ in the trading margins posted by Britain’s...
January saw “highest level of energy support for vulnerable households”, say government stats
Support for vulnerable home energy users, including customers on prepayment meters (PPM), is reaching the right targets, the government claims.
January alone saw 1.7 million...
Crisis latest: Kwarteng stands by price cap, downplays government relief on bills before March
Energy secretary Kwasi Kwarteng today re-stated his commitment to a continuation of the default price cap, urging energy customers and retailers to bide their...
Elexon to administer Truss’s price guarantee payments to suppliers
Energy trading platform Elexon has been appointed to administer payments to suppliers, authorised under the Truss administration's Energy Price Guarantee (EPG).
Elexon manages the Balancing...
Paying the Bill: Energy figures react to Queen’s Speech
Reaction among energy players and commentators continued today to the Queen’s Speech proposals for energy, including on the sector’s contribution to Britain’s ever-tightening cost...
Government finds £102 million at Christmas to prime new nuclear & hydrogen
The Sunak administration today presented early gifts to investors in nuclear power and advanced hydrogen, finding parcels of £77 million and £25 million respectively...
Energy co-ops slam Johnson’s Net Zero Strategy
Leaders of England's 300-plus power co-operatives have slammed the Johnson administration's Net Zero Strategy. They say it shuns the work of thousands of hard-working...
Reams of REMA: D-BEIS moots “biggest changes in a generation” to electricity markets
Generators and electricity industry observers have welcomed sweeping changes in Britain’s electricity markets proposed by energy ministry D-BEIS.
Closeness to wind farms, nuclear or gas...
Households “will shoulder burden” as Government saves £2.5 billion from EPG, says Cornwall
British homes will bear the increased cost of the Government’s upcoming raise in its Energy Price Guarantee, leading analyst firm Cornwall Insight has warned.
Last...
D-BEIS nixes Russian oligarchs’ 2 GW cross-Channel interconnector
Britain’s energy ministry has rejected a £1.2 billion plan by a major donor to the Conservative Party to build a 2GW power interconnector from...
Energy security bill delayed, minister confirms
Britain’s first energy security bill for nearly ten years is undergoing a Whitehall re-think, a government minister has gone on record to confirm.
Now in...
Sizewell C decision still on hold, this time until July
Energy ministers at D-BEIS have for a second time delayed taking a final decision on the development consent order (DCO) for the Sizewell C...
Hunt ponders how to extend support for industries’ power bills beyond March
Chancellor Jeremy Hunt has reportedly asked Treasury officials to explore ways of prolonging into April & beyond the government’s protection of firms from their...
Hydrogen fuelling London to San Francisco jets? That’ll be Fly Zero
Long haul flights for up to 279 passengers in a British-designed, hydrogen-fuelled plane blipped up as a prospect on airlines' radar this morning, courtesy...
£163m Humberside factory to challenge China for magnets and rare earths recovery
Construction has begun of a pioneering British plant designed to wrest control from China of recycling valuable magnetic metals used in EVs and wind...