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

IEA urged to continue clean energy focus in face of US pressure

IEA urged to continue clean energy focus in face of US pressure

Stand-off over the role of the International Energy Agency intensifies, as White House ramps up calls for the influential agency to stop tracking climate and clean energy progress

Michael Holder
clock 20 February 2026 • 5 min read
As energy bills fall, is the government's clean power mission starting to pay off?

As energy bills fall, is the government's clean power mission starting to pay off?

There are encouraging signs the government’s clean power plans are starting to deliver on their considerable promise, but concerns remain over costs, delivery, and the continuing 'spark gap'

James Murray
clock 19 February 2026 • 10 min read
Meta, Amazon, Google, and Microsoft accounted for half of corporate PPA deals in 2025

Meta, Amazon, Google, and Microsoft accounted for half of corporate PPA deals in 2025

BNEF reveals corporates delivered second highest level of annual clean power purchase agreement activity in 2025

Stuart Stone
clock 19 February 2026 • 4 min read