Fracking ban will continue in Scotland
A Scottish Government minister has clarified that the lifting of the fracking ban in England will not come into force in Scotland. Hydraulic fracturing or fracking is a process of recovering oil and...
View ArticleBusiness Secretary: “If people want to call me Tory scum, I don’t mind”
The Business Secretary has said he doesn’t mind being called ‘Tory scum’ after he was booed and chased by protesters outside the Conservative Party Conference. Standing on the main stage of the...
View ArticleBusiness Secretary backs former Prime Minister in “Boris or bust” campaign
The Business Secretary has become the first Cabinet Minister to support Boris Johnson in the fast-tracked contest from which the next Prime Minister will emerge next week. Earlier today, Jacob...
View ArticleWill Rishi Sunak become the next Prime Minister?
Can Rishi Sunak become the UK’s third Prime Minister of the year? Just a few hours before the deadline for the nominations today at 2pm, the former Chancellor has emerged as the favourite to become the...
View ArticleCOP Champion says net zero could be hit in 2040s
The UK’s former Champion for COP26 has said that if more ambitious targets are made and action is taken, net zero can be achieved in the 2040s. Nigel Topping is the country’s outgoing climate business...
View ArticleUK Energy Ministry on the cards in government reshuffle
Rishi Sunak is expected to unveil a ‘mini Cabinet reshuffle’ later today. The shake-up of Whitehall has been triggered by the need to replace Nadhim Zahawi as a Conservative Party Chair. Mr Sunak is...
View ArticleUK Climate tsar quits: Lord Deben’s reign ends in a blaze of glory after ten...
Lord Deben, who has held a prominent role as the Chairman of the government’s climate change advisory body, is expected to step down from the position at the end of his term this summer. After a decade...
View ArticleOfgem plans to end temporary last resort supply payment claim process
In a bid to adapt to evolving market conditions, Ofgem is proposing to end the temporary multiple claim process for Last Resort Supply Payments (LRSPs). This move follows a period of unprecedented...
View Article‘UK power sector could smash net zero target one year ahead’
Achieving net zero in the power sector can happen earlier than the target year, 2035. That’s according to the National Grid ESO‘s report, “Future Energy Scenarios 2023,” which highlights the importance...
View ArticleEU votes: Energy consumption to drop by at least 11.7%
The European Parliament is poised to vote on new regulations aimed at reducing energy consumption in the European Union by at least 11.7% by 2030. The move comes as part of a broader effort to address...
View ArticleOfgem’s proposed profit margin hike for energy suppliers opposed
Consumer advocacy organisation Citizens Advice has expressed concerns regarding Ofgem‘s proposal to increase the profit margin allowed for energy suppliers. The charity argues that the proposal lacks...
View ArticleUK Energy Secretary vows to ‘max out’ North Sea oil and gas reserves
Energy Security Secretary Grant Shapps has emphasised the importance of maximising the remaining reserves of North Sea oil and gas to ensure the country’s energy independence. In an interview with the...
View ArticleClientEarth loses High Court fight against Shell directors
Environment campaign organisation ClientEarth has faced a setback in its ongoing High Court fight against directors of energy giant Shell. The legal dispute centred on concerns raised by ClientEarth...
View ArticleUK carbon prices: Government makes pollution easier for businesses?
The government‘s decision to reduce the “cap” in the UK Emission Trading Scheme (UK ETS) has drawn criticism from experts who said that the move makes it cheaper for businesses to pollute. The UK ETS...
View ArticleUK transport costs surge as ULEZ and HGV fees kick in
Transport costs in the UK are on the brink of a noticeable surge, driven by the imminent enforcement of the Ultra Low Emission Zone (ULEZ) expansion and the reintroduction of Heavy Goods Vehicle (HGV)...
View ArticleUS Chamber of Commerce: Ofgem’s role needs clarity and flexibility
Amid the review of the UK’s Energy Policy Strategy, attention is directed towards Ofgem, tasked with guiding the transition towards cleaner energy sources and innovative technologies. In a formal...
View ArticleUK gathers feedback on power with CCUS policy
The government‘s call for evidence on the future policy framework for Power with Carbon Capture, Usage, and Storage (CCUS) has concluded, with responses highlighting key considerations for the...
View ArticleUK homeowners face jail or £15k fine in Energy Bill crackdown
The Energy Bill currently under consideration includes provisions for imposing penalties on homeowners who do not comply with newly introduced energy performance regulations. These penalties encompass...
View ArticleOctopus: Retail risk surge amid wholesale market instability
Octopus has highlighted that the wholesale market instability experienced over the last 18 months has significantly raised retail risk in the energy sector. Speaking during a session at the Commons...
View ArticleEnergy industry veteran chosen as next Ofgem Chair
Mark McAllister has been named by the government as the preferred candidate to become the next Chair of Ofgem. Mr McAllister has forty years of experience in the energy industry – his current role is...
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