Treasury
FairCharge, Auto Trader and E.ON lead a call for government to reduce VAT on public EV charging, citing unfairness and the need to boost adoption
Experts have expressed concerns that ongoing attacks on shipping in the Red Sea could further shrink the UK economy and lead to another energy crisis
The Office for National Statistics has reported that the UK inflation rate has decreased to 3.9% in the year to November, surpassing expectations and marking the lowest point in over two years
The exemption, ensures receipts from new investments in electricity generating stations are not subject to the EGL
The investment aims to expand UK clean energy supply chains, including carbon capture, electricity networks, hydrogen, nuclear and offshore wind
Under proposed government plans, households in close proximity to new pylons and substations could receive a £1,000 annual reduction in their energy bills for ten years
The UK’s declining and volatile carbon prices have raised concerns about their impact on clean energy investment, lost Treasury revenue and potential carbon taxes
Scottish Renewables has called for urgent government action to bolster investor confidence and address sector-specific priorities, including offshore wind and hydropower
MPs are urging the government, Ofgem and energy suppliers to take immediate action to assist vulnerable households in the face of an impending winter energy crisis
Chancellor Jeremy Hunt has rejected the Biden-style subsidy-driven economic policy, emphasising a pragmatic approach with focused green technology investments