Green grants to support businesses in net zero push
A new project aims to assist up to 90 local businesses in baseline emissions assessment, action plan development, and transitioning to net zero over the next 18 months. The Mid South West (MSW) region has secured a £300,000 grant through Innovate UK’s Fast Followers programme, aimed at supporting local businesses on their journey towards achieving net zero emissions. In […]
Ofgem: £77m recovered in crackdown on energy suppliers
In 2023, Ofgem collected £77.2 million in fines, customer refunds and compensation from energy companies. In 2023, Ofgem executed enforcement actions that resulted in the recovery of £77.2 million from various energy suppliers. This figure signifies a notable increase from the £27.3 million retrieved in the previous year. The collected funds encompass fines, customer refunds, compensations and alternative […]
Ofgem takes action on EDF “billing problems”
The energy regulator has responded to reports of billing problems at EDF, instructing the company to investigate and confirm the issue’s scope. Ofgem has taken prompt action in response to reported billing issues at EDF. Ofgem has engaged with EDF, directing them to thoroughly investigate and verify the extent of the problem. Emphasising urgency, Ofgem has also sought […]
UK commits £6bn for home and business energy efficiency
Around a million homes are set to receive a boost in energy efficiency, with targeted support for 200,000 low income households and an additional £1.5 billion allocated for the Boiler Upgrade Scheme. The UK Government is set to provide extensive support, backed by £6 billion, to enhance energy efficiency for approximately a million families and hundreds of […]
UK fossil fuel electricity hits lowest since 1957
The UK’s electricity generated from fossil fuels in 2023 dropped by 22% year on year, reaching the lowest level since 1957 at 104 terawatt hours, according to new analysis. The UK experienced a notable reduction in electricity generated from fossil fuels in 2023, marking the lowest level since 1957. That’s according to Carbon Brief analysis, which suggests the 22% […]
‘Urgent action needed to halt supplier failures and rising bills’
Consultants suggest urgent measures, such as social tariffs, to prevent further harm to both suppliers and vulnerable consumers. The energy price crisis has left millions of households struggling to meet their bills, even with a recent decline in prices. In response to Ofgem’s recent announcement on the recovery of bad debt, consultancy Cornwall Insight suggests urgent measures are needed to prevent […]
Masdar and EDF partner for 3.6GW hydropower and renewables
The energy giants have joined forces with the Kyrgyz Republic in an agreement signed at COP28 in Dubai. Masdar and EDF have agreed with the Kyrgyz Republic to investigate the potential development of 3.6GW of hydropower and renewable energy projects. The memorandum of understanding (MoU) was signed at COP28 in Dubai, involving key representatives from the Kyrgyz Ministry of Energy, Masdar and EDF. […]
British Gas customers to earn bill discounts for reducing energy usage today
Nearly 425,000 customers are encouraged to reduce usage during the DFS event and earn £5 per kWh saved. Customers of British Gas can receive cash discounts on their bills by reducing energy usage today. British Gas has announced its participation in the upcoming ESO Demand Flexibility Service event scheduled for 1st December, running between 4:30 pm and 6:00 […]
Ofgem fines energy supplier £1.7m for overcharging business customers
The energy regulator has fined Hudson Energy Supply UK for ten breaches of licence conditions, citing serious overcharging of business customers and failure to supervise outsourced operations. Ofgem has imposed a penalty of £1,668,426 on Hudson Energy Supply UK Ltd (HES) for “serious” breaches of licence conditions. The penalty comes after a thorough investigation, initiated in […]
Ofgem opens investigation into non-domestic energy supplier
The energy regulator has announced an investigation into Maxen Power Supply, focusing on the fair treatment of businesses and the rates they are charged. Ofgem has launched an investigation into Maxen Power Supply Ltd, a non-domestic utilities supplier based in east London. The regulatory scrutiny focuses on ensuring fair treatment of businesses and evaluating the rates imposed by the company. […]
