Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
UK energy companies have been fined £8m due to delays in issuing final bills
UK gas and electricity providers E.On Next, Good Energy, and Octopus Energy have been mandated to pay £8m due to their failure to provide timely compensation for delayed final bills
It is anticipated that the UK government will provide windfall tax relief to energy companies
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Powerhouse Energy has reached an agreement regarding the terms for the Longford plastic waste development site.
Powerhouse Energy Group PLC (AIM: PHE) has announced that it has entered into Heads of Terms (HoT) with Hydrogen Utopia International PLC (LSE: HUI, OTCQB: HUIPF) regarding the creation of
Inspirit Energy Hlds (AIM:INSP) Operational Update
Inspirit (LON: INSP), the waste heat recovery technology and decarbonisation engineering solutions company, is pleased to provide the following operational update on the Inspirit Charger that has been designed for
Hydrogen Utopia International (AQSE:HUI) Option to lease completed in Longford, Ireland
Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat.
EDF Energy intends to prolong the operating lifespans of its nuclear power plants in Hartlepool and Heysham 1
EDF Energy, a subsidiary of France’s state-owned EDF (EDF.PA), announced on Thursday that it would extend the operational lifespan of its Hartlepool and Heysham 1 nuclear power plants in the
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from
The oil and gas sector in the UK has raised concerns that the imposition of windfall taxes is discouraging investment in the industry
According to the trade body of the UK oil and gas industry, Offshore Energies UK, companies in the sector are reducing their operations in the North Sea and prioritizing investment
UK Energy bills to rise by £500 under Ofgem price cap
Starting from April, Ofgem is reducing the maximum amount energy suppliers can charge consumers by almost £1,000. The regulator has cut the price cap to £3,280 from the current £4,279