National Grid: Is it ready for the green revolution? November 21, 2022 National Grid faces vast challenges to ensure the UK's energy network is ready for a vast influx of renewable power, writes Nicholas Earl.
Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher November 21, 2022 The Government should reform stamp duty to boost the energy efficiency, argued Kingfisher, the owner of brands such as Screwfix and B&Q.
Scottish Power boss hammers huge levy on electricity generators November 17, 2022 One of the leading figures in the energy industry has slammed the Government’s decision to impose a 45 per cent tax on electricity generators. Keith Anderson, chief executive of Scottish Power, warned the new Electricity Generator Levy will create a “five-year long corridor of uncertainty for investors” which risks undermining the UK’s green ambitions. He [...]
Hunt hits renewables with levy and boosts windfall tax in £30bn-plus tax hike November 17, 2022 Hunt has announced a £14bn tax grab on domestic energy producers, bringing renewables into the toughened regime for the first time.
SSE profits soar in line with energy prices as windfall tax expansion looms November 16, 2022 Energy giant SSE reported a 221 per cent surge in pre-tax profits for the first half of the year today on the back of spike in gas and electricity prices this year.
Indonesia reaches £17bn climate partnership with world’s wealthiest nations November 15, 2022 A group of the world's wealthiest nations has entered into a $20bn energy partnership with Indonesia, which hosting the G20 summit.
Good Energy coughs up £650,000 to renewable generator owners November 14, 2022 Good Energy has agreed to refund owners of renewable generators it imposed unauthorised administration charges against, revealed Ofgem.
Insulating homes could cut gas imports more than North Sea drilling, says green body November 14, 2022 Insulating the UK's entire housing stock could reduce gas demand by 20 per cent according to new research from the ECIU.
‘Greening’ investor portfolios has done little to slash emissions, UBS warns November 10, 2022 The “greening” of investors’ portfolios has had little impact on the actual decarbonising of the economy, investment bank UBS warned today, as it called for a significant acceleration of financial efforts to tackle environmental collapse.
Breezy does it: Wind generates 20GW for the first time ever November 3, 2022 Wind power generated more than 20GW of power domestically for the first time ever yesterday, revealed National Grid.