MPs urge government to double down on demand management and cut energy bills by £360m

Jessica Shankleman
clock

Tim Yeo urges Energy Minister to tweak Capacity Market in order to drive greater investments in energy savings

Energy Minister Matthew Hancock has come under pressure from MPs this week to reform the new capacity market, in a move they claim could help save consumers nearly £360m in the first year of the scheme...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Queen Mary University warms campus buildings and student halls with waste data centre heat

Queen Mary University warms campus buildings and student halls with waste data centre heat

London university delivers district heat project with Schneider Electric and Advanced Power Technology

Stuart Stone
clock 30 June 2025 • 3 min read
E.ON trial to offer solar panels, batteries, heat pumps, and EV chargers with no upfront cost

E.ON trial to offer solar panels, batteries, heat pumps, and EV chargers with no upfront cost

Net Gen Home pilot project to provide a small group of E.ON Next customers up to £20,000 worth of clean tech, device servicing, and energy for a single fixed monthly fee

Stuart Stone
clock 30 June 2025 • 3 min read
'The future is electric': Statistical Review of World Energy confirms wind and solar grew nine times faster than total energy demand

'The future is electric': Statistical Review of World Energy confirms wind and solar grew nine times faster than total energy demand

Influential report reveals the global renewables boom is continuing, but fossil fuel demand still rose last year

James Murray
clock 26 June 2025 • 6 min read