Author Archive
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UK renewables reach record 47.8% share in electricity generation
Renewable energy sources experienced a remarkable upswing in the first quarter of the year, capturing a record 47.8% share of total electricity generation. This surge comes in contrast to a 10% decrease in the generation from fossil fuels. A government report suggests despite facing challenges such as less favourable weather conditions and outages at bioenergy sites, […]
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Ofgem cracks down on overcharging of business customers
Ofgem is determined to take action against suppliers that have overcharged business customers. The energy regulator has met with Chancellor Jeremy Hunt, to discuss an action plan to support customers. In response to the meeting, Ofgem has committed to several measures to protect consumers and promote fair practices within the energy market. The regulator intends […]
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‘Thames Water investors could lose everything’
In the last few hours, there have been reports suggesting that Thames Water is facing doubts about its ability to manage its £14 billion debt. This has allegedly led to contingency plans being developed to address the situation. Business Secretary Kemi Badenoch has expressed significant concerns over the potential collapse of Thames Water and emphasised […]
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Climate Change Committee: UK fails to deliver on net zero promises
The Climate Change Committee (CCC) has expressed concern over the government’s slow progress in meeting its climate goals, stating that the confidence in achieving targets beyond 2030 has significantly declined compared to the previous assessment. Despite the publication of the detailed Carbon Budget Delivery Plan, the CCC has identified “missed opportunities” to accelerate progress. The […]
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Energy boss calls for £593 financial aid for fuel poor households
Utilita Energy’s Chief Executive Officer has urged the government to provide targeted financial assistance for fuel poor households, citing a study that shows the need for at least £593 in additional support to cover winter energy costs. The study analysed smart meter data from over 51,000 financially vulnerable households, highlighting the extent of the fuel […]
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More than £100m of energy vouchers still unclaimed
As the 30th June deadline looms, it has been revealed that more than £100 million worth of vouchers from the Energy Bill Support Scheme remain unclaimed. The scheme, designed to provide assistance to those in need, has yet to reach many individuals on prepayment meters, who often find themselves in vulnerable situations. The vouchers, amounting […]
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Government stands first on £170 green levies reinstatement
Eco-levies, which had been temporarily removed from household electricity bills amid soaring energy prices last year, are scheduled to make a comeback next month. The decision to reinstate the green energy taxes, costing homeowners an average of £170 annually, has received support from Number 10. Downing Street argues that the average energy bill has fallen […]
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Carbon fuels stall renewable growth, global energy emissions up 0.8%
Despite the record-breaking growth of solar and wind power, global energy-related emissions continued to rise. That’s one of the key findings of the Energy Institute Statistical Review of World Energy report which suggests in 2022, carbon dioxide emissions from energy use, industrial processes, flaring and methane (measured in carbon dioxide equivalent) reached a record high, […]
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UK household energy bills may surge with £170-a-year green levy
As the government’s energy price cap draws to a close, consumers are poised to shoulder an additional £170 in green levies. The Sunday Telegraph reported that the suspension of green levies, which was initially implemented last autumn, is set to conclude at the start of July. Previously, the burden of these levies was shifted from […]
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EU adopts 11th package of sanctions against Russia, including energy measures
The EU has today announced the implementation of new energy measures as part of its 11th package of sanctions against Russia. These measures aim to strengthen the enforcement of existing sanctions and mitigate potential disruptions to energy supplies. One key energy measure included in the 11th package is the termination of the option for Germany and […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas