Plummeting oil prices have caused the North Sea Oil industry to become a burden on the taxpayer, rather than the important asset it…
Continue ReadingMonday saw oil prices drop by 3% on global markets after Iran delayed its plans to agree to a proposed production freeze.
Continue ReadingEDF’s chief executive, Jean-Bernard Lévy, has warned the French government that without further financial backing, the entire Hinkley Point project risks being in…
Continue ReadingLeading French auditing body, the Cour des Comptes, has described EDF’s Hinkley Point C nuclear power plant project as potentially risky for the…
Continue ReadingCMA Reforms: Pre-Payment Price Caps & Open Customer Database
Written by Danny Lord in Energy Suppliers Government Policy
The Competition and Markets Authority has announced a draft of proposals that are the result of an 18-month investigation into the energy sector…
Continue ReadingOne the biggest gas and electricity companies in the UK, Npower, is poised to announce around 2,500 job cuts both overseas and in…
Continue ReadingEDF’s chief financial officer, Thomas Piquemal, has left the company following conflict over the decision to push forward with construction of the Hinkley…
Continue ReadingThe government has announced that it will be removing subsidies previously granted for solar thermal energy technology on the grounds that it is…
Continue ReadingCapacity Market Auction: Extended Subsidies to Secure Supply
Written by Danny Lord in Energy Suppliers Government Policy
Amber Rudd has announced that increased subsidies will be offered to electricity suppliers from the capacity market auction, and penalties for those providers…
Continue ReadingThe head if the UK’s largest energy lobbying group, Energy UK, has called for Britain to take lessons from Germany’s Energiewende [energy transition]…
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