News
News
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UK home insulation drive to deliver £39bn boost by 2030
Insulating British homes to EPC C standard by 2030 could result in a £39 billion boost for the UK economy, according to a report by Citizens Advice. The charity is calling for a large-scale retrofitting programme, financed through public and private sources, to upgrade 31 million homes and achieve energy efficiency goals. By improving home […]
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Energy bill alert: Submit meter reading to unlock savings of £426
UK households have a limited time to take action and potentially save £426 on their energy bills, experts have warned. Ofgem has announced a lower cap of £2,074 per year for gas and electricity bills, compared to the current cap of £2,500. To ensure accurate billing and avoid overcharging based on outdated tariffs, energy consultants […]
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UK grid to call on factories and businesses to power down
The National Grid is contemplating an expansion of its demand flexibility service (DFS) to include heavy industry, in a bid to prevent potential blackouts by urging factories and businesses to voluntarily reduce their electricity usage during peak times. Under the demand flexibility service, businesses would be requested to scale back their consumption when the energy […]
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Yorkshire Water issues urgent warning: stay out of reservoirs
Yorkshire Water is urging the public in the region to prioritise their safety by refraining from entering reservoirs. The company has highlighted the potential risks and hazards associated with venturing into these areas, emphasising the need to avoid unnecessary dangers. Entering reservoirs can be extremely dangerous, with hidden risks that may not be immediately apparent. […]
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Deja-vu: Wholesale price surge triggers supplier to pull back new fixed tariff
Energy supplier So Energy has retracted its recently unveiled fixed tariff, just days after its announcement. The tariff, priced at £2,047 for a 12-month period, was poised to offer customers a £27 reduction compared to the upcoming price cap scheduled to take effect in July. Initially heralded as a cost-effective option for energy consumers, the […]
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IEA calls for more finance to help developing countries adopt clean energy
Developed nations must confront the issue of financial aid to other countries in their adoption of clean energy. That’s the suggestion from Dr Fatih Birol who has stressed that developed nations should acknowledge their historical role in climate change and extend tangible support to aid others. Birol cautioned against imposing strict directives on developing nations […]
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UN says oil and gas delegates have to disclose ties at summits
For future climate conferences fossil fuel delegates will need to share their industry ties. This marks a large shift in the ease for oil and gas employees to attend, with more than 600 present at COP27. The move will see less influence given to people who work in the industry over proceedings at the events […]
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MPs criticise government’s “delayed” energy bill support for vulnerable groups
MPs have criticised the government for the delayed delivery of the energy bill support to those most in need. The Public Accounts Committee (PAC)’s report which is published today, highlights the government’s lack of capacity, resulting in approximately 1.7 million individuals having to wait for months before receiving assistance. Ministers estimated a cost of £69 […]
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UK gas demand expected to decline again next winter
National Gas Transmission Plc has forecasted another winter of diminishing natural gas demand in the UK as households take measures to save energy amidst persistently high costs. Following last year’s surge in prices, consumer behaviour has shifted, leading to a 13% decrease in household gas usage during the previous winter, according to the winter review […]
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‘UK’s electricity storage pipeline hinders net zero grid’
The UK’s electricity storage pipeline faces significant challenges in reaching a net zero grid. That’s according to a report by Balance Power, which reveals a mismatch between current business models, support systems and the technical requirements for achieving net zero. According to the analysis, the focus of the UK electricity storage pipeline has been predominantly […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas