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Energy crisis

Energy crisis: UK has spent £140bn on fossil gas since 2021

Energy

Energy crisis: UK has spent £140bn on fossil gas since 2021

Analysis shows UK has spent over £90bn more on wholesale gas over the past four years than it would have prior to the crisis, underscoring the huge on-going costs associated with fossil fuel reliance

clock 20 February 2025 • 3 min read
Why the gas energy crisis is not over yet

Energy

Why the gas energy crisis is not over yet

Energy prices in the UK and around the world remain high with myriad risks ahead, but this winter could be the final act of the gas crisis, according to University of Warwick academics Michael Bradshaw and Louis Fletcher

clock 24 October 2024 • 5 min read
Dangerously underprepared: Business groups warns UK risks repeat of energy crisis

Risk

Dangerously underprepared: Business groups warns UK risks repeat of energy crisis

Energy Crisis Commission warns UK's continued reliance on fossil gas means it risks a 'repeat of surging energy bills'

clock 15 October 2024 • 4 min read
'It's the energy elephant in the room': UK businesses to face hefty energy bills through 2026

Energy

'It's the energy elephant in the room': UK businesses to face hefty energy bills through 2026

Cornwall Insight warns annual bills for smaller industrial energy users set to remain at high levels through to 2027

clock 14 October 2024 • 4 min read
'Businesses are faring no better': Why business energy bills are still at historically high levels

Energy

'Businesses are faring no better': Why business energy bills are still at historically high levels

New data from Cornwall Insight confirms energy costs for small businesses are still 70 per cent higher than their pre-crisis levels - and are set to rise again

clock 27 August 2024 • 6 min read
Energy Crisis Commission: New industry group to prepare for future energy shocks

Energy

Energy Crisis Commission: New industry group to prepare for future energy shocks

Representatives from Energy UK, the CBI, Citizens Advice, and National Energy Action to review impacts of recent gas supply crunch on homes and businesses

clock 13 August 2024 • 4 min read
'Perilously exposed': Why the UK economy remains at risk of fossil fuel price shocks

Risk

'Perilously exposed': Why the UK economy remains at risk of fossil fuel price shocks

Inflation may have fallen, but a new report highlights how the UK's high dependency on fossil fuel and food imports leaves it at major risk of climate-related price shocks

clock 30 July 2024 • 7 min read
'Budget black hole': Chancellor to slash winter fuel payments and seek £3.2bn in departmental savings

Politics

'Budget black hole': Chancellor to slash winter fuel payments and seek £3.2bn in departmental savings

Rachel Reeves warns of 'difficult decisions', as she confirms government response to dire fiscal inheritance will seek to save billions from departmental budgets and winter fuel payments

clock 29 July 2024 • 7 min read
Is the world on course for an oversupply of liquefied natural gas this decade?

Energy

Is the world on course for an oversupply of liquefied natural gas this decade?

BloombergNEF predicts emerging 'new order' in global LNG market as the clean energy transition gathers pace, but huge uncertainties remain over near term demand and supply

clock 04 July 2024 • 8 min read
Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Energy

Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Analysis claims the UK's growing clean energy industry - bolstered by the roll out of EVs, heat pumps, and home insulation - is proving far more effective at reducing reliance on energy imports than North Sea drilling licences

clock 07 June 2024 • 4 min read
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