Rising star Claire Coutinho faces gruelling start in energy secretary role September 5, 2023 Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.
Ofgem clamps down on generators gaming the system after £3bn hit to households September 1, 2023 Electricity generators will no longer be able to artificially inflate energy prices and drive up households bills.
Claire Coutinho replaces Grant Shapps as energy secretary August 31, 2023 Claire Coutinho has been appointed energy secretary in a promotion to a top cabinet role, amid a mini-reshuffle of the Prime Minister’s core team. It follows Grant Shapps moving over to the Ministry of Defence (MoD) after defence secretary Ben Wallace resigned from cabinet ahead of stepping down as an MP at the next general [...]
Orsted plunges 20 per cent on risk of £1.84bn US impairments amid offshore wind project woes August 30, 2023 Denmark's Orsted, the world's largest offshore wind farm developer, has revealed it may see a £1.84bn cost for US impairments.
Government scraps hydrogen levy saving households £120 per year August 30, 2023 The government has ditched the controversial 'hydrogen levy' following pushback from the energy sector and backbench MPs.
MPs slam China’s role in new offshore wind farm that could power over one million homes August 30, 2023 Conservative MPs have criticised the role of a Chinese investment group in a new offshore wind farm that could power over a million homes.
Cadent warns on limits of heat pumps arguing UK rollout is ‘not deliverable’ August 29, 2023 Regional gas distribution company Cadent has warned that the government's plans to electrify heating and decarbonise the power grid were "not deliverable".
Net zero may be expensive but the UK cannot afford to sit out green energy subsidy race August 29, 2023 The UK's net zero goals and energy security ambitions depend on renewables, and with rivals offering vast subsidies, government must act.
Octopus Energy closes in on Shell deal as Big Six dominates the market August 28, 2023 Octopus Energy is closing in on a deal to snap up Shell's household energy business - which could be finalised as soon as this autumn.
Ofgem cannot fix the energy market unless ministers scrap the price cap August 21, 2023 Ofgem will struggle to fix the crisis-hit energy market unless the price cap is reformed, or even scrapped.