Government doubles up on CfD auctions, as Kwarteng presses pedal to the metal
Joy has broken out in Britain’s renewables sector, in reaction to D-BEIS committing yesterday to double its frequency of Contracts for Difference (CfD) auctions...
Brexit ‘far from over’ in energy sector, says new research
Researchers at the UK Energy Research Centre have delivered their verdict so far on the effects which Britain’s quitting the EU has had on...
CRISIS: Every quarter given: Ofgem doubles frequency of price cap review
Ofgem today committed itself to three-monthly reviews of the default retail price cap, doubling their half-yearly frequency. The move will take effect after the...
Sunak reacts to Ofgem’s “once in 30-year event”, as cap on energy bills rockets...
The new default price cap on home energy bills will rise 54% in April to £ 1,971, regulator Ofgem announced this morning. The...
BREAKING: Ofgem to announce new Price Cap tomorrow, Thursday 3 February at 11:00am
Ofgem this morning confirmed it will release tomorrow at 11:00am its new calculation of the default Price Cap on retail tariffs for domestic energy.
Industry...
Crisis: Without market redesign, expensive gas could ‘continue beyond 2030’, Cornwall predicts
Respected energy analysts Cornwall Insight today found themselves at odds with Britain’s embroiled prime minister, as they revealed research predicting that volatile gas prices...
Renewables-supporting Brits reject scrapping ‘green taxes’ to fend off price hikes
A poll of 2,000 Britons released today gives the lie to beliefs propagated by MPs and newspapers on the Conservative right that the public...
Sizewell C: Kwarteng finds £100 million to lure investors
Prospects for Sizewell C, Britain’s second new nuclear mega-project, advanced today as energy secretary Kwasi Kwarteng confirmed £100 million of government cash to encourage...
Insulation tax break needed before homes are sold, say 40 energy & building leaders
Chancellor Rishi Sunak should offer tax incentives to home owners, spurring them to increase insulation in their homes before the properties are put up...
Whitehall’s £31.6 m floats turbines higher
Eleven offshore wind farms equipped with floating turbines are to benefit from grants totalling £31.6 million, the government announced today.
D-BEIS’s Floating Offshore Wind Demonstration...
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...
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...
Cornwall Insight: Overhaul market design to boost sensitivities between wholesale and retail
Root and branch reform of UK wholesale and retail energy markets is needed to avoid repeats of impending market failures threatening to pitch millions...
Scrap the ECO? Poor families shivering, failing installers & a scuppered Net Zero...
Lobbyists for distributed green power today warned the Johnson administration against bowing to backbench pressure and scrapping the green levies included in rocketing power...
Ovo “to cut 1,700 jobs” amid crisis
Ovo Energy is reportedly contemplating cutting up to a quarter of its workforce, as the world’s accelerating wholesale gas crisis bites into its biggest...
Citizens’ Advice: Single grant needed this April, to stave off bills taking “generationally high”...
This spring's expected near-50% hike in the retail energy price cap will put £700 per year more on default tariffs, hitting Britain’s poorest hardest,...
Crisis: Gas hike set to outlast “temporary” Johnson, as Centrica and Ovo moot green respite
Britain’s head of government, confessed attender at a No 10 lockdown party and late apologist for insulting the conscientious, suffered further humiliation today, as...
Crisis latest: Windfall tax on oil majors, say Labour: Keep Net Zero measures & tax carbon,...
The ‘temporary’ energy price crisis of suspected No.10 party-attender and beleaguered premier Johnson has ground on into its fourth month, with an appeal from...
Brits’ noses and bairns’ b*ms to be wiped clean, thanks to Octopus’ wind
Flexible renewables mega-developer Octopus has squirted ink onto paper, wrapping up a deal with paper-maker Kimberly-Clark, for supply of clean power from its Lanarkshire...
“Magnetisable concrete” trialled for non-stop charging of EVs
The adapted concrete has a high magnetic permeability, thus lending itself to inductive charging as a vehicle passes above. It would open the way...