News
News
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EU Energy ministers discuss measures to tackle “astronomic electricity prices”
Europe’s energy ministers are meeting today to finalise emergency measures to counter a gas and electricity crisis ahead of winter months. Just 24 hours after Liz Truss announced the UK’s market cap intervention, Ursula von der Leyen, the President of the European Commission, said: “We are now confronted with astronomic electricity prices for households and companies with […]
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Parents more likely to be behind on energy bill payments
The energy crisis seems to be hitting families with kids harder than other billpayers. The Office for National Statistics (ONS) report suggests nearly 92% of parents with a child aged under five years and 90% of parents with a child aged five years or over are saying the soaring gas and electricity prices led to […]
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Energy industry pays tribute to Queen Elizabeth II
Tributes have come in from all sections of the energy sector after the passing of Her Majesty Queen Elizabeth II. Here are a selection of thoughts and messages. Energy regulator Ofgem commented: “Our thoughts are with the Royal family as we join the rest of the country, and others around the Commonwealth and beyond, in […]
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King Charles – the monarch the climate needs?
Following the tragic passing of Her Majesty Queen Elizabeth II, Charles III is now King, after a remarkable 70-year reign by his mother. The new King has been a campaigner for climate change for many years – and there are hopes that this new era could be a positive one, as far as the health […]
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‘Insulating homes this winter could be cost neutral’
Government investment in home insulation could prove to be cost neutral by the end of this Parliamentary term. That’s according to research conducted by the Energy and Climate Intelligence Unit (ECIU), revealing that the Prime Minister’s £2,500 freeze on energy bills could be less costly on the government – as insulated homes waste less energy. […]
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Customers are flummoxed by standing charges, says former Ofgem executive
The standing charge should be ditched says a former Ofgem director. Writing for the Guardian, ex-Ofgem executive Christine Farnish said energy customers are “flummoxed” by standing charges and has urged the government and the energy regulator to ditch them. Last month, ELN reported that Ms Farnish quit her role as a non-executive director over Ofgem’s decision to […]
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Ofgem welcomes PM’s measures to combat price cap
Prime Minister Liz Truss announced measures today that will see energy bills frozen at £2,500 to fight the energy and cost of living crises. Worries of fuel poverty and the difficulty of paying for energy bills surfaced following Ofgem’s announcement that the price cap would rise to £3,459 from 1st October. The government regulator has […]
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Prime Minister’s bills cap welcomed – but there’s one ‘critical omission’…
New measures were announced today by the Prime Minister to combat the ongoing energy crisis, including a £2,500 cap on energy bills and an equivalent guarantee for six months to businesses on their energy costs. Trade bodies across the energy sector have accepted this intervention with open arms, however, a clearer focus on restarting shale […]
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Webinar: EVs: the do’s, the don’ts and how to survive the energy crisis
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UK tells UN ‘Russia is playing roulette with nuclear safety’
“Russia is playing roulette with nuclear safety.” That’s the statement made by the UK’s Ambassador to the UN, Barbara Woodward, speaking to the Security Council regarding Russia’s occupation of the Zaporizhzhia nuclear power plant in Ukraine. Ms Woodward outlined very directly the UK’s position on Russian actions and the danger this poses to the rest […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas