Green light for Spain’s €2.9bn scheme to compensate companies for indirect emission costs

It will cover part of energy-intensive firms’ higher electricity prices arising from the impact of carbon prices on power generation costs between 2021 and 2030

EU approves €1.4bn Czech scheme to compensate firms for indirect emission costs

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs incurred between 2021 and 2030

Customers get £2.3tn compensation cheques!

One of Northern Powergrid customers told ELN that it “was nice to dream for a minute or two”

MP branded Northern Powergrid’s response to Storm Arwen ‘absolute disgrace’

Bishop Aukland MP Dehenna Davison criticised the company over delays in communicating the emergency of the situation

EU Commission greenlights French support for natural gas storage

France introduced a regulatory mechanism for natural gas storage in December 2017, with the aim of keeping existing storage capacities deemed necessary in operation to ensure the security of gas supply

Government seeks views on compensation price support for energy intensive industries

It is consulting on the risk of carbon leakage due to the indirect emission costs from the UK Emissions Trading System and carbon price support and the sectors most at risk

EU approves German scheme to compensate hard coal plants for early closure

The energy regulator will publish seven tenders for the closure of hard coal and small lignite-fired power plants that will take place annually until 2026

VW badge
Volkswagen paid $9.5bn to drivers in dieselgate scandal settlement

A total of 86% of drivers chose to sell their vehicles back to the manufacturer and take the money, rather than choose a modification

Energy customers to automatically receive £30 for switching issues

The new compensation requirement will come into effect on 1st May 2020

Utility Warehouse to pay £450k for overcharging energy customers

The supplier will refund and compensate 3,430 Warm Home Discount customers for charging them above the default tariff cap level