Equinor applies to extend Norfolk offshore wind projects
Equinor (OSLO:EQNR) has lodged planning applications to expand its wind farms off the coast of Norfolk, in plans that would new capacity to the Sheringham Shoal and Dudgeon schemes.
Ofgem
Nearly one in four ‘won’t turn on heating this winter’ as energy bills soar
Nearly one in four adults plan never to turn their heating on this winter, polling suggests, as average bills are set to rocket while the temperature drops.
Cost of UK winter triples as energy price cap leaps
UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.
Energy Price Cap: Expert warns of rationing risk as bills to surge beyond £3,500
As the energy price cap surges, a leading petroeconomist has painted a gloomy picture as the UK faces up to the prospect of winter without adequate energy supplies.
UK bills will hit nearly £3,600 from October, experts say in final prediction
Families face a grim winter as experts predict the cap on energy bills will hit close to £3,600 per year from October - before rising again next year.
45 million in UK to be plunged into fuel poverty in winter
An estimated 45 million people in the UK will be forced into fuel poverty and struggle to pay energy bills this winter, new research has found.
First Minister plans “urgent summit” with energy cos and consumers
Nicola Sturgeon is to convene a summit between energy supply companies and consumer groups later in August to discuss what support can be offered to those struggling to pay soaring bills.
Orkney Council presses Scotgov for Faray decision to unlock £1.5bn interconnector
Orkney Islands Council (OIC) has written to the Scottish Government to press its case for a decision on the Faray onshore wind farm, warning that a vital interconnector to the mainland cannot happen without it.
New dire price cap warning as energy bills look set to hit £4,200 in January
Energy regulator Ofgem is to blame for part of a massive increase in energy bills, experts said, as they forecast that the price cap will hit more than £4,200 in January.
Energy price cap to be updated quarterly ahead of ‘challenging winter’
Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a "very challenging winter ahead".
SSEN to pay extra £2.3m for slow Storm Arwen response after Ofgem report
Power network operators have been ordered to improve their storm response.
Ofgem protects energy market at expense of consumer affordability
The energy regulator Ofgem has published a decision document on the Market Stabilisation Charge (MSC) and opened a fresh consultation on changes to the frequency of energy price cap adjustments. These changes, while identified by the regulator as crucial to protect the market, risk having an adverse impact on consumers - something Ofgem concede in their own documentation.
Scotland facing ‘tsunami of fuel poverty’ warns First Minister
First Minister Nicola Sturgeon has warned that Scotland faces a “tsunami of fuel poverty” as energy bills are set to increase again in October.
Cap on UK energy bills set to be extended past 2023
The Government plans to continue capping household energy bills even after 2023 when current legislation is set to run out.
More action on energy bills needed by July – ScottishPower boss
The Government must take urgent action and help the poorest households months before energy bills will rise again ahead of the winter months, the boss of a major energy company has said.
Renewables investment contracts must be reviewed in the Government’s Energy Security Strategy
The upcoming Energy Security Strategy provides an opportunity for the Government to break the link between renewable tariffs and fossil fuels, boosting consumer confidence in renewable energy.
Storegga appoints former KPMG energy boss as head of regulation and policy
Low carbon technology firm Storegga has appointed Nicola Cocks as its new head of policy and regulation.
Ofgem’s new price cap powers raise questions for suppliers and consumers
The decision by the UK energy regulator Ofgem to give themselves the ability to change the default energy price cap in the event of extraordinary circumstances raises questions about the future of the UK energy market and how effectively it works for smaller suppliers and customers.
‘I live in the oil capital of Europe – why are my energy bills going up?’
Despite Aberdeen’s status as a global energy hub, household bills are subject to larger market forces, as Energy Voice explains.
UK energy prices to jump 54% as cost-of-living crisis deepens
UK domestic energy bills will jump 54% from April, dealing a dramatic blow to households already suffering a cost-of-living squeeze that’s only set to get worse.
Energy supplier Pure Planet folded after BP debt call
BP sought repayment of a £53m debt after the energy retailer warned that rising gas prices would likely lead to losses.
Ofgem plans funding for energy firms to curb price hike
UK energy regulator Ofgem is proposing new financing for power and gas suppliers taking on clients from failed rivals in a bid to soften the blow of rising bills for millions of British households.
SSEN Transmission calls for timely approval of Peterhead to Yorkshire ‘electric superhighway’
It has been warned that any delays to plans for an “electric superhighway” between Scotland and England could cost the taxpayer millions of pounds.
Western Link issues spark fresh concerns about Shetland HVDC link
Issues with a major subsea cable project have ignited fresh fears about plans for a major project to hook Shetland up to the UK’s electricity grid.
Ofgem seen asleep at the wheel in energy supplier crisis
Pressure is growing on the UK energy regulator to account for its role in allowing a landslide of energy suppliers to go out of business, at a cost to consumers.