While support for new North Sea oil and gas has been welcomed, the energy sector has called for a drop in windfall taxes and greater incentives for low-carbon investment ahead of the Chancellor’s impending budget.
Energy sector representatives have written to the government warning that a focus on price alone in procuring new renewables capacity risks a “race to the bottom”.
The UK risks falling behind in the race to become a global renewable energy leader without rule changes, two of the country's energy trade bodies have warned.
A group of trade associations from across the energy sector have written to the Chancellor urging him to prioritise incentives for green growth as part of the Spring Budget.
UK energy bosses warned that £100 billion of planned sector investment risked being undermined by a suite of new government policies which seek to cap both consumer bills and generator earnings.
A windfall tax on the UK's power generators might push up household energy bills in the long term, the industry's trade body has warned.
The boss of an energy industry body has said her team warned the Government and Ofgem that the sector was fragile at least two years ago.
The deputy chief executive of RenewableUK is to leave to head up trade association Energy UK.
The Government's new smart meter rollout timetable for a device in 85% of homes by 2024 cannot be met, the energy industry has warned.
Energy trade association, Energy UK, called on the government yesterday to look again at how the UK heats its homes and buildings across the country.
A record 5.5 million energy customers switched electricity supplier last year, figures show.
The trade association responsible for representing the energy sector, Energy UK, today announced their new chair as former Labour MP, Lord John Hutton.