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Energy price cap

Ofgem agrees £8.9bn draft grid investment plan to unlock 126GW of clean power

Energy

Ofgem agrees £8.9bn draft grid investment plan to unlock 126GW of clean power

Energy regulator estimates investment in boosting power network capacity will deliver significant savings for billpayers by 2031

clock 01 July 2025 • 6 min read
'A step in the right direction': Energy price cap tipped to fall seven per cent

Energy

'A step in the right direction': Energy price cap tipped to fall seven per cent

Update from Cornwall Insight promises some welcome relief for households, but businesses warn promised funding to improve domestic energy efficiency is still needed

clock 19 May 2025 • 4 min read
'Great Britain is too reliant on gas': Ofgem confirms energy price cap to rise 6.4 per cent

Energy

'Great Britain is too reliant on gas': Ofgem confirms energy price cap to rise 6.4 per cent

Average home to see energy bills climb once again to £1,849 a year, as government promises more support for fuel poor households

clock 25 February 2025 • 5 min read
Looming UK energy bills hike sparks fresh calls for faster clean power push

Energy

Looming UK energy bills hike sparks fresh calls for faster clean power push

Experts call for accelerated rollout of energy efficiency measures and renewables to reduce reliance on expensive, risky gas that is anticipated to push up bills in April

clock 18 February 2025 • 7 min read
What could decarbonising the UK power system mean for electricity costs?

Energy

What could decarbonising the UK power system mean for electricity costs?

Operating a clean power system by 2030 could serve to drive down electricity costs in the UK in the short term, but over the longer-term the picture is a little more complicated, BloombergNEF analysis suggests

clock 21 November 2024 • 12 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
Grim UK energy bills forecast sparks renewed calls for rapid green power shift

Energy

Grim UK energy bills forecast sparks renewed calls for rapid green power shift

Forecasts that UK energy prices are set to rise in the run up to winter prompts renewed calls for billpayer support and rapid clean power and insulation rollout

clock 19 August 2024 • 7 min read
Energy price cap: Bills relief will be small and temporary, experts warn

Energy

Energy price cap: Bills relief will be small and temporary, experts warn

ECIU think tank urges next government to take action to reduce UK's exposure to volatile gas prices, as it reports that high gas prices have cost almost £4,000 per home

clock 01 July 2024 • 5 min read
Government unveils flurry of measures to boost take-up of flexible energy tariffs

Policy

Government unveils flurry of measures to boost take-up of flexible energy tariffs

Package of measures to help customers 'make the most of cheap, low carbon power' through flexible tariffs announced as Ofgem confirms slight drop in energy price cap

clock 23 February 2024 • 7 min read
Study: Top oil and gas majors rake in $281bn in profits since Russia invaded Ukraine

Energy

Study: Top oil and gas majors rake in $281bn in profits since Russia invaded Ukraine

Research lays bare huge scale of profits achieved by just five leading oil and gas majors as a result of the global energy crunch

clock 19 February 2024 • 5 min read
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