The much loathed Carbon Reduction Commitment (CRC) could be replaced by an increase in the Climate Change Levy paid by large energy users. That’s the opinion of an energy broker, who thinks the gap in revenue generated for the Treasury could be made up elsewhere, without further upsetting the energy sector. Tom Woolley from the […]

Business energy costs could rise as much as 81% over the next decade, according to a new forecast by market analysts Waters Wye Associates. It predicts that by 2021, fuel bills in the UK commerce and public sector will rise from from £10.3 billion to £18.7 billion a year. Power Efficiency, which commissioned the research […]

George Osborne was greeted with heckles and taunts as he read the Autumn Statement to Parliament this week. But as he breezed over UK green policy the opposition took a breather and most in the energy sector let out a huge sigh of relief. Even green advocates weren’t too surprised as the ‘Greenest Government ever’ […]

BT is proposing a ‘CO2 label’ to replace current UK low carbon measures, according to the firm’s chief energy manager. The Telecoms giant wants a new, single electricity levy instead of the several policies and taxes that businesses deal with. Richard Tarboton, Energy & Carbon Programme Director at BT told audiences at The Energy Event […]

A risk analyst says today’s EMR “has the power to undo the last 15 years of free market principles”. And Andrew Horstead also brands the reform package “a bold move from a government that is trying to be the greenest ever”. Mr Horstead, risk analyst at energy and carbon management firm Utilyx, said: “The government […]

The Association of Electricity Producers has said that if the government gets right its Budget plans for energy it will create “huge opportunities”, but if it fails “there could be serious consequences”. The association’s chief executive David Porter said: “The government recognises that the industry will have to spend £200bn in the next decade to […]