Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat March 2, 2023 The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.
Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries March 1, 2023 It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.
Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers March 1, 2023 Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.
Gas markets plagued with uncertainty after Russia sanctions, IEA warns February 28, 2023 The global gas balance remains fragile this year, with markets riven with uncertainty, warned the International Energy Agency.
BP boss defends oil and gas spending and calls for ‘orderly’ green transition amid protests February 28, 2023 BP boss Bernard Looney has called for an "orderly" transition to the renewable energy, defending the company's oil and spending.
Households face £900 hike to energy bills after Ofgem keeps price cap high at £3,280 February 27, 2023 Households face a painful hike to their energy bills, with support tapering off and the price cap remaining above £3,000.
Getting warmer: Have heat pumps finally cracked the mainstream market? February 27, 2023 A price war for heat pumps was triggered last month, when British Gas owner Centrica unveiled a £3,000 product for households.
Flagship £450m green energy boiler scheme needs urgent reform to prevent it failing, Lords committee warns February 22, 2023 The government’s boiler upgrade scheme is failing to deliver on its objectives, warned the environment and climate change committee.
EU carbon hits €100 taking cost of polluting to record high February 21, 2023 The price of permits on the EU's carbon market hit €100 per tonne (£88.01) for the first time on Tuesday, exposing costs of polluting.
Energy firms face fines for breaking forced prepayment meter rules, Ofgem warns February 21, 2023 Energy firms could be fined if they are found to have broken the rules around forced prepayment meter installations, Ofgem warned.