Industry leaders are cautioning that windfall taxes are driving up the expenses of green energy projects by up to 50%, causing international investors to become apprehensive about a profit raid.
Breaking: Union threatens blackouts as strikes hit UK biggest power plant
Drax insists that Britain will not be affected by power cuts when workers at its Yorkshire plants strike over pay.
Lack of storage means that wind power is lost for 1.2 million homes in the UK.
New research shows that there was not enough wind power in winter to supply 1.2 million homes per day. This is because there isn’t enough energy storage capacity to store
Record-breaking wind power: Wind turbines provide over 25% of UK electricity in 2022
For the first time in history, wind supplied more than a quarter of Britain’s electricity last year. This highlights the rapid growth of this energy source.
UK more vulnerable to blackouts this winter, warns Labour
It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter.
Energy companies accused of using smart meters for ‘disconnecting customers through the back door’
Energy companies have been accused of disconnection of households by moving them to smart meters for pre-payment to disconnect them “by the backdoor”.
National Grid will activate an emergency winter plan tomorrow following French nuclear outages
After energy prices rose amid falling temperatures, the UK’s electricity network operator is ready to activate its emergency snow plan.
Jeremy Hunt is reportedly preparing to hit electricity generation companies with a 40% windfall tax
According to a report, the Chancellor will levy companies that have ‘excess returns in an effort to reduce the cost of living.
Green power firms face windfall tax to fund lower energy bills
Jacob Rees Mogg, business secretary, has proposed a cap on the revenues of low-carbon electricity generators. This effectively amounts to a temporary tax on the sector’s profits.
Risk of three-hour daily blackouts this winter, in some areas of the UK says National Grid
If Britain is unable to import enough energy, it could face rolling blackouts in the winter.
How wind farms turned into huge money-spinners because of the energy price crisis
The 60 turbines of the Crystal Rig II wind farm, located in the Lammermuir Hills, have been powering homes for over a decade. In 2010, electricity prices were at £40