Mass capping of home energy bills at average £2,500 to end in April, Chancellor...
A review next April of recently deposed Chancellor Kwasi Kwarteng’s £90 billion support for UK homes faced with drastically higher energy bills was signalled...
Conservatives find new ‘Cost-Plus-Revenue Limit’ work-around for “windfall tax”
The Truss government this afternoon tabled its promised new bill to write into law relief offered to homes and businesses from rocketing energy tariffs.
Energy...
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...
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...
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...
Energy industry slates Chancellor
Generators, retailers and advocates for British energy lined up this morning to voice disquiet and quiet dismay over chancellor Jeremy Hunt’s tax raises on...
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...
Mini-nukes among winners of £3.3 million more taxpayer cash
Research into advanced modular nuclear reactors is set to progress with a further £3.3 million of government grants.
Latest funding for projects under D-BEIS’s Advanced...
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...
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...
Public Sector De-carb Scheme gets a fresh £ 635 million, opens for bids in...
New funds to boost low carbon heating in Britain’s public buildings have been released by D-BEIS.
At a time when funds for energy efficiency measures...
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...
£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...
Octopus completes acquisition of Bulb
Extravagantly paid energy tyro Hayden Wood’s “too-big-to-fail” failed supplier Bulb, once the doyen of lying premier Johnson, finally collapsed into the arms of Octopus...
To replace, or not to replace? “What is government’s heat pump policy?”, asks utilities...
A trade body representing utilities firms has accused energy minister Lord Callanan of “chaos” in going against his own department’s policy over heat pumps...
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...
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...
Goodbye D-BEIS, hello Department of Energy Security & Net Zero
Premier Rishi Sunak’s Whitehall re-shuffle today revived a ministry focussed exclusively on energy matters, its concerns split away from wider business policy.
Replacing D-BEIS, the...
Shapps publishes suppliers’ performance on Energy Bill Support vouchers
Energy firms vary unacceptably in their success or lack of it in delivering energy savings vouchers to to customers struggling with high prepayment meter...
Speed up Britain’s drive to Net Zero, Tory ex-minister Skidmore urges
Green investors have welcomed a far-ranging acceleration of Britain’s Net Zero ambitions, advocated by Conservative MP Chris Skidmore.
The former energy minister was asked by...