News
News
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Energy UK raises concerns over lack of winter energy bill support
Responding to the Autumn Statement, Energy UK’s Chief Executive, Emma Pinchbeck, voiced apprehensions regarding the absence of explicit support for energy bills. While applauding certain measures, including the permanent extension of full expensing and the introduction of an investment allowance in the Electricity Generation Levy, Ms Pinchbeck underscored the pressing need for targeted assistance in […]
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Doubling of global renewable capacity expected by 2030
Governments worldwide are not just eyeing a doubling but potentially a tripling of renewable energy capacity by 2030. That’s according to analysis conducted by energy think tank Ember, which scrutinises national targets of 57 countries and the EU, collectively representing 90% of global power sector emissions. The findings indicate that the stated targets could result in […]
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Coalition calls for wealth tax and green reforms to cut energy costs
A coalition of 19 organisations, including Greenpeace, the New Economics Foundation, and Patriotic Millionaires UK, is urging the UK Government to implement a series of tax reforms targeting the super-rich and big polluters. The proposed measures include a 1-2% wealth tax on assets exceeding £10 million, potentially generating £22 billion annually. The coalition recommends closing […]
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National Grid invests £130m in overhead line refurbishment
National Grid has committed £130 million to reinforce its existing overhead line network, spanning 170 kilometres from Lincoln to Stevenage. The project involves installing 2,919 kilometres of new overhead line conductor to replace the original infrastructure from the 1960s, nearing the end of its scheduled working lifespan. Three of the four north-south circuits on the […]
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So Energy chief steps down
Monica Collings, the Chief Executive Officer of So Energy, has announced her departure from the role after serving for two years. Ms Collings assumed the position in August 2021, coinciding with Irish power supplier ESB’s acquisition of over 75% of So Energy, bringing the disruptor brand under its wing. In a LinkedIn post, Simon Oscroft, […]
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British Gas to hire 700 staff for customer support
British Gas is set to boost its customer service teams with the recruitment of more than 700 new staff in its UK-based call centres. These positions, to be filled by the end of the year, aim to provide additional assistance to customers, especially during the winter heating season. The move comes as part of British […]
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Octopus Energy launches £3bn offshore wind fund with Tokyo Gas
Octopus Energy‘s generation arm, overseeing £6 billion in green energy projects, has initiated its inaugural offshore wind fund in collaboration with Tokyo Gas. The fund, backed by a £190 million investment from Tokyo Gas, aims to deploy £3 billion in offshore wind globally by 2030. The Octopus Energy Offshore Wind fund is designed to invest […]
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Bryt Energy – Transitional technology, intelligent optimisation and future electricity supply products
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Lloyds Banking Group – Journey to Net Zero operations
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Council considers rent hikes for green upgrades
The City of Edinburgh Council is calling on tenants to provide feedback on proposed rent increases as part of efforts to address housing challenges in the wake of a declared Housing Emergency. With one month left for the consultation, tenants are encouraged to share their views on potential rent rates for the coming year and […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas