UK hydrogen sector risks ‘falling behind’, industry leaders agree
The UK government needs to act now if it wants to be a world leader in the hydrogen sector, industry leaders from Shell and Hydrogen UK have said.
Energy Bill
More to be done in the race to be Bigger Faster Better
The UK, it seems, still has some way to go before achieving the dream of being bigger, faster and better than the global competition – but it is a marathon, rather than a sprint.
Energy Bill faces scrap as Truss doubles down on household bills
Boris Johnson’s flagship energy bill faces significant change or being scrapped altogether as Liz Truss focuses efforts on lowering household energy costs, according to reports this week.
Industry calls for rapid action on Queen’s Speech energy measures
Leaders from across the energy sector praised measures outlined in the Queen’s Speech to accelerate renewables and net zero efforts, but decried a lack of efficiency measures and short-term support for consumers.
Failure to switch cost UK households more than £1,500 over last six years
Failing to switch energy supplier has cost millions of UK households more than £1,500 over the past six years, campaigners have warned.
Three in four not offered energy tariff change despite overpayments
Energy companies are failing to help their customers off the most expensive tariffs four months after an inquiry found consumers are collectively overpaying by £1.4 billion, a survey suggests.
Energy Bill: What does it mean for the OGA?
This week, the Energy Bill was agreed by both Houses and has now received royal assent. Want to find out more and what this means for the OGA?
Opinion: What do the OGA powers really mean for oil and gas firms?
The eagerly awaited Energy Bill was published on Friday, setting out the proposed new statutory powers anticipated by the Oil and Gas Authority (OGA) Framework Document published in April of this year. The Bill sets out the details of the tools that the OGA will use to implement the MER UK Strategy, working in conjunction with other governmental departments and the oil and gas industry. Undoubtedly it is the new powers to be conferred on the OGA – rather than simply the transfer of existing powers from the Secretary of State – that will be of particular interest to those in the sector.
Energy Bill backs support for North Sea oil and gas with OGA powers
The role of the OGA (Oil and Gas Authority) has been strengthened with backing of the Government’s Energy Bill published today. Earlier this year it was announced the body would have a number of powers it would be able to enforce as part of its remit. The move has been made as part of the implementation of the Wood Review last year and the Oil and Gas Fiscal Review which helped to establish the OGA. Led by chief executive Andy Samuel, the government has handed the body a raft of powers.