SSE fined £9.78 m for overcharging Grid during transmission constraint
Ofgem has imposed a £9.78 m fine on electricity generator SSE for overcharging National Grid ESO during periods of transmission constraint two years ago.
The...
Green body hails Sunak envoy’s levelling up agenda via geothermals
The Renewable Energy Association has welcomed a government-commissioned report which identifies geothermal heat as a means to "level up" struggling communities.
Prime minister Rishi Sunak...
Oilcos slam Starmer’s North Sea development ban
Labour’s proposals to ban new oil & gas extraction in the North Sea would undermine Britain’s energy security, threaten jobs, and send import bills...
Ofgem cuts price cap from July, saves households average £426 per year
The retail price cap for domestic electricity & gas will be cut to £2,074 per year starting in July, regulator Ofgem confirmed this morning.
The...
Government “must match actions to words” as world races to make green jobs, warn...
Ministers must deliver on their words with actions if as many as 725,000 net new green jobs are to be created in quest of...
Campaigners secure High Court hearing against Whitehaven coal mine
Friends of the Earth and a Cumbrian environmental group have been granted a court hearing to challenge the government’s planning permit for Britain’s first...
Cornwall predicts price cap of £2,053 from July, “no return this decade” to pre-Ukraine...
Energy economics analysts Cornwall Insight expect the household price cap operating from 2023’s third quarter will be the equivalent of £2,053 per year. Ofgem’s...
E.on, Octopus & Good Energy stump up £8 million fines for compensating customers too...
Energy regulator Ofgem has imposed penalties totalling £8 million on three suppliers for delaying or missing compensation payments to around 100,000 customers.
E.On Next, Good...
Octopus pledges £1.5 bn to Japan & Asia
Green power mega developer Octopus will invest £1.5 billion in Asia’s energy markets by 2027, helping speed the region’s transition to cleaner, smarter energy.
The...
Brearley calls for two-tier plan to speed grid connections
Waits of a decade and more to link new wind and solar farms into transmission grids present the biggest risk to the UK missing...
Play nice with Brussels to slash British wholesale costs, Energy UK urges
Better co-operation between Britain and the EU on energy trading & carbon pricing could cut wholesale energy costs by hundreds of millions of pounds...
Business Energy: Third Party Costs at an all-time high
Business Energy: Third Party Costs at an all-time high
Paul Miller, Sales Director at renewable energy company Drax says "Wholesale energy prices have risen significantly...
Geothermals on, as Green Heat Network Fund digs deep to hand out first of...
Britain’s biggest system drawing heat from deep rock formations to warm up to 4,000 homes cheaply is one of seven innovative projects receiving government...
Britain lags on coherent hydrogen policy, says RenewablesUK
Policymakers’ lack of joined-up thinking on hydrogen as a low carbon industrial saviour risks the UK losing out to economies better managed to embrace...
Shell earns £7.6 billion in 2023’s first quarter
Oil & gas supermajor Shell exceeded market hopes, posting record profits of £7.6 billion for the first three months of the year, it told...
Net Zero goals “will be missed”, say MPs, as ministers’ claims holed by delivery...
Britain will miss government goals to strip all carbon from electricity generation by 2035, without a delivery plan to remedy incomplete, contradictory policy from...
Xlinks secures £30 million more, preps for next stage of Africa-Devon pipeline
British renewables mega-engineers XLinks have taken on £ 30 million of new equity, secured to fund the next phase in building their 3,800 kilometre...
Target £10 billion to insulate England’s 1 million coldest rentals, big cities tell Sunak
The government must commit £10 billion now to bring the nation’s million worst insulated private rented homes to energy efficiency performance level “C” by...
France and Norway feed UK’s return to net electricity imports
2023’s opening quarter saw an end to the UK’s previous nine months as a net exporter of power, energy data analysts EnAppSys have revealed.
The...
Government extends cost rebates for high energy industrial sectors
Energy-intensive companies in selected sectors are eligible from today for twelve more months of cash support from public funds.
Whitehall is holding out possible savings...