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...
Powerhouse progresses deal for EfW joint venture in Poland
Further details emerged today of a proposed deal enabling power-from-waste pioneers Powerhouse Energy to launch their intended joint venture in Poland.
Under outline terms agreed...
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...
Extended Producer Responsibility cannot be delayed
The Association of Directors of Environment, Economy, Planning and Transport (ADEPT) has reacted unequivocally to suggestions that Extended Producer Responsibility (EPR) should be abandoned...
Research finds energy and utilities managers already facing HR challenges due to energy price...
Research carried out on behalf of Coaching Focus has found that 85% of employees in managerial roles at energy and utilities companies are concerned about the...
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,...
Essex-based world’s longest power cable venture appoints project engineers
Xlinks, the Billericay-based clean energy innovators planning a £16 billion venture to pipe solar and wind power from Morocco to Devon, have appointed multinational...
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,...
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...
“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...
Profits soar at Centrica & Shell
Energy supermajors Centrica and Shell pleased investors today but antagonised customers and politicians, reporting soaring profits. British Gas’s owner declared its first dividend for...
Octopus sucks in $550 million, stretches tentacles further
Existing investors are backing privately-held Octopus Energy Group by injecting a massive $550 million of new funds. Expansions both territorial – deeper into continental...
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...
Hydrogen in Airbus’s wings: planemaker backs low carbon flying, as Cotswold minnow ponders fuelling...
Hydrogen as commercial aviation's clean fuel of the future has gained altitude and higher credibility, following a big investment decision from European planemaker Airbus.
Toulouse’s...
£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...
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...
Twelve suppliers run direct debits on ‘weak or inadequate’ rules, regulator finds
Ofgem has found failings in how major licenced energy suppliers charge customers via their direct debits. It has ordered five of the worst -...
Powerhouse extends green hydrogen offering to Emerald Isle
Hydrogen-from-dead-plastic innovators Powerhouse Energy have signed an outline deal, extending their world’s first operation from the UK into Ireland.
The Merseyside-based, AIM-quoted group told investors...