New energy strategy could take half a decade to reduce bills

Today the government unveils its “British Energy Security Strategy”, but Kwasi Kwarteng has admitted it will not deescalate energy bills anytime soon. Boris Johnson will later give a speech on the Conservatives’ plans to expand nuclear, hydrogen and offshore wind, as well as returning to annual North Sea licensing rounds for oil and gas. The […]
Government resists growing calls for energy windfall tax

Downing Street says the government’s position on a windfall tax for energy companies remains unchanged, despite a huge surge in profits for energy giants BP and Shell in recent days. In this morning’s Downing Street lobby briefing, the prime minister’s spokesperson said he “wasn’t aware in a change of position” on a windfall tax, despite […]
Government announces fresh proposals to help decarbonise UK homes

The government has announced proposals to decarbonise UK homes through which households will be offered grants to install heat pumps. With homes said to account for 13% of the UK’s carbons emissions, the latest proposals aim to ensure that heat pumps are no more expensive to buy and run for consumers than fossil fuel boilers. […]
Solving the gas shortage

There’s a surplus of hot air coming from parliament. It’s about time they shared it out.
Campaigners say fuel poverty could hit 22% of England’s households

The End Fuel Poverty Coalition campaign group has said that fuel poverty could become endemic in the UK unless swift action is taken. New data from the group shows that one in five households will be forced into fuel poverty as Ofgem’s energy price hike is set to hit thousands from 1 October. A new […]
Experts outline fears over skyrocketing gas prices
“We’re not just in a situation where we have regular market failure”
How a Cold War with Russia could save the environment

Stripping away the EU’s reliance on Russian gas could help the planet, too
Standing up to the bear: Ukraine crisis weans Europe off Russian gas

Britain will use G7 to push leading economies away from dependence on Russian oil, energy secretary says
‘Utter complacency’: Energy bosses’ Christmas power cut excuses fail to impress MPs

Energy bosses accused of “utter complacency” after praising their “exceptional” efforts in Xmas power cuts
Coalition denies begging ‘big six’ over energy prices

The government has denied it is resorting to begging the ‘big six’ energy companies to stop raising prices until 2015, prompting an avalanche of scorn from the left.