UK Government
Reports suggest that as part of potential nationalisation plans, the government is considering transferring the majority of Thames Water’s £15 billion debt to the public, potentially resulting in losses of up to 40% for some lenders
Despite earmarking £150 million annually from 2022 to 2025 to replace fossil fuel boilers with heat pumps, the government has faced criticism as over £60 million remains unspent
Proposed measures seek to empower consumers to access more affordable energy deals while ensuring grid stability, potentially saving up to £50 billion
Graham Stuart has resigned from his Cabinet position, citing a desire to focus on local matters
The UK Government has once again delayed the decision on the Sunnica Energy Farm, Europe’s potentially largest solar farm, until 20th June
Up to £11 million in fines and penalties from water companies will be directed into a new Water Restoration Fund, announced by Environment Secretary
The UK Government has updated the funding model for the Sizewell C nuclear plant to prevent potential construction delays
Hartlepool will reportedly become the site for a collection of mini nuclear reactors in the next ten years, following the government’s allocation of a multimillion pound grant to engineering group Babcock
The UK Government has unveiled the British Industry Supercharger, aimed at reducing energy costs for key industries like steel and chemicals
Recent data indicates that the UK has reached the halfway point toward its goal of achieving net zero greenhouse gas emissions, with emissions having been cut by 53% between 1990 and 2023