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...
Lords slam government over heat pumps replacing boilers
Britain’s £450 million drive to strip out domestic boilers in favour of lower carbon heat pumps is under-publicised, under-staffed and under-performing, a committee of...
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...
Gold rush! Gore Street buys Big in California, finds amp-sheltering Rock
London-quoted investors Gore Street Energy Storage Fund are buying big into America’s grid-scale storage market, acquiring a 200 MW project to be located in...
“Millions could switch supplier” after July, as homeowners chase deals: Cornwall Insight
Analysts believe uncounted droves of British home power accounts stand ready to flit between suppliers this summer, as falling energy wholesale prices coupled with...
Wind industry slams new 5-month delay in approving Hornsea 4
RenewableUK, lobbying group for Britain’s offshore wind developers, has said an impending delay until July in approving the fourth and final stage of the...
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...
BP leapfrogs Shell’s profits, spurs renewed calls for heavier windfall tax
BP today outdid Shell by declaring a sanctions-boosted doubling of profits for 2022, up to £23 billion.
The figure is a new record for the...
Regulator & watchdog react to British Gas’ suspension of prepaid meter contractor
Energy industry leaders and watchdogs reacted with repulsion today at a report that bailiffs hired by British Gas had rejoiced in breaking into at...
Challenger: REA parks tank on Hunt’s lawn, awaits Spring Statement
Britain’s largest trade body for green energy has set out its stall, outlining its expectations of chancellor Jeremy Hunt’s Spring Statement, due in six...
“Gneiss to see you!”: power storers Gravitricity ask financiers to drop in
The Edinburgh-based weight droppers kicked off this year by unveiling their FlexiStore hydrogen storage technology as a new product alongside their existing gravity-based technologies.
The...
How Green will be my Valley? Wales opts to go 100% renewable as early...
Wales’ devolved government this afternoon declared its intention to meet 100% of the nation’s electricity needs from renewable sources as early as 2035.
Describing 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...
Ofgem fines Drax £6 million for three years of Balancing Mechanism excess claims
Renewables generator Drax has admitted breaches of its licence in relation to unjustified Balancing Mechanism claims made during repeated periods of grid constraint.
Implying today...
Solar roofs should be “mainstay” of tougher building code, MPs are urged
Solar electricity systems pre-installed on new homes must be a mainstay of beefed-up building regulations, MPs on Parliament’s environmental audit committee were told yesterday.
Ian...
Citizens Advice: Millions left in dark, as 1 pre-payment meter is cut off every...
3.2 million clients on pre-payment meters saw their power supply terminated last year, equivalent to one disconnection every ten seconds, new research by Britain’s...
Money needed now for mass home retrofits, powercos, councils & builders urge Sunak
Power retailers, social landlords and councils are urging Rishi Sunak to begin mass insulation now among Britain’s 28 million homes, instead of waiting three...
One in four small businesses “will suffer”, says FSB, as Govt cuts energy bill...
Representatives of British business reacted with emotions ranging from despair to resignation today, in response to the government's reduction in protection from rocketing energy...
Business energy bills: Treasury pledges £5.5 billion of support for twelve months beyond March
The government this evening unveiled new levels of public support for businesses’ energy bills beyond March 30, when the first six-month phase of current...