Fallon hints at Budget relief for manufacturing energy costs

Business and Energy Minister Michael Fallon has given a strong hint there will be action to help manufacturers with energy costs. Speaking yesterday at the International Utility Conference, Mr Fallon admitted the risk to jobs is “very real”. Energy intensive industries have already been given a package of measures to lessen the burden of UK […]

npower’s Wayne Mitchell’s Blog

What George has in store for Energy Consumers All eyes were on the Chancellor last week, when he announced the government’s Autumn Statement. Speculation fuelled by whispers of removing green levies, freezing energy prices and so forth had created an expectation among consumers that energy was going to be big news. So perhaps there was […]

David Davis slams UK energy policies as “enemy of growth”

Conservative party heavyweight David Davis today criticised the Government’s energy policy by laying into plans for the carbon floor price, which is meant to be a lynchpin for reforms of the electricity market. Declaring “Our energy policies have become the enemy of competitiveness and growth”, the one-time contender for Tory Party leadership suggested the key […]

Parliament could see draft Energy Bill by end of May

Draft legislation for the Electricity Market Reform could be laid before Parliament within a matter of weeks, according to information that was briefly published on DECC’s website before being taken down today. The news comes as today the Queen confirmed the reform of the electricity market in her annual speech. Earlier today a page on […]

Where should compensation for climate change policies go?

BIS is calling for evidence from businesses affected by rising energy prices as a result of climate change policies to help the Government target funds from the Energy Intensive Industries (EII) Package. Last year it was announced energy intensive users will get a £250 million package from the Government to counter rising electricity bills. It […]

Manufacturers want compensation for Treasury carbon tax

Manufacturers have demanded action from Chancellor George Osborne to compensate companies put out of pocket by climate change policies. EEF, the manufacturers’ organisation wants a “compensation package” to be included in the Chancellor’s Autumn forecast, due at the end of November. The energy intensive industry has been vocal in its disappointment over the Treasury’s carbon […]

Chancellor puts UK economy before cutting emissions

Britain’s businesses must not be jeopardised by the country’s low carbon commitments, Chancellor George Osborne has suggested. In a speech to the Conservative Party conference yesterday, the Chancellor gave the strongest signal yet that the economy would be prioritised over cutting emissions. At first conceding that “we must have investment in greener energy. And that’s […]

Consumer ‘appetite’ for cost of low carbon is untested

  Doubts have been raised over the consumer appetite to foot the bill for British energy policies. Panelists at npower’s debate at The Energy Event, chaired by ELN Editor Sumit Bose, suggested that the public were not prepared for a rise in their bills for the sake of a green economy. Ronan O’Regan, PwC’s Director […]

Exempt major energy users from Carbon tax

Energy intensive manufacturers should be exempt from the Carbon tax says the CBI otherwise we risk making the UK uncompetitive. In a new report published today, it said the Government had to ensure energy-intensive manufacturers are not undermined by rising costs and climate change energy policies. The report entitled Protecting the UK’s Foundations: a blueprint […]

EDF wins government electricity contract

Hospitals, schools and museums across Britain will be powered by EDF Energy after it won the largest ever contract to supply electricity from the government. The French firm, which draws a large amount of its power from nuclear, beat rivals British Gas Business, npower and Scottish Southern and Energy to win the contract from the […]