Exclusive: Energy price cap is only hurting customers, says Utilita boss August 16, 2022 The price cap is a symbol of regulatory failings across the energy sector, argued Utilita Energy (Utilita) boss Bill Bullen.
UK’s largest gas storage site could be reopened within weeks to ease winter crisis August 16, 2022 Centrica could pump natural gas into the UK's largest storage facility in a matter of weeks after it was cleared to reopen by inspectors.
Ofgem threatened with legal action if it doesn’t protect vulnerable customers from soaring energy bills August 16, 2022 Energy regulator Ofgem has been threatened with legal action if it fails to protect vulnerable customers from soaring energy bills. The Good Law Project has teamed up with anti-poverty groups urging it to ensure people can cope with bills, expected to reach upwards of £4,000 a year. This comes as the energy price cap is [...]
Exclusive: Labour plans to tackle energy crisis lack ‘bold thinking’ argues Utilita boss August 16, 2022 Labour's efforts to tame household energy bills this winter does not provide enough support for vulnerable customers, says Utilita.
Labour calls for sharp rise in digital services tax to ease energy costs facing businesses August 15, 2022 Labour has called for a hike the digital services tax to fund a £1bn support scheme for struggling businesses.
Labour pushes for price cap freeze to tame cost of living crisis August 15, 2022 Labour has waded into the energy crisis with £29bn proposals to ease household energy bills amid a deepening cost of living crisis.
Google searches for solar panels rocket more than 300 per cent as cost of living and energy crises hit August 15, 2022 Google searches for solar panels have rocketed by more than 300 per cent this year, with the cost of living and energy crises hitting hard, writes Cat Branagan. More Brits are looking for alternative and cleaner energy sources it has been shown by a new report of Google Trends data. Searches shot 316 per cent [...]
Have we got the minerals for a green future? August 15, 2022 Surging metal and mineral prices could hamper the UK's renewables ambitions, raising the costs of batteries and turbines for green project.
Rio Tinto’s buyout plans for mega copper mine knocked back after $2.7bn bid rejected August 15, 2022 Rio Tinto’s ambition to own a copper mining project suffered a blow after its $2.7bn bid for Turquoise Hill was rejected.
German households braced for heavy levy as country counts cost of Russian squeeze August 15, 2022 German households will suffer the heavy price of a Russian supply squeeze on European gas flow, with a new levy on their energy bills.