The Prime Minister said the proposed move would see investment fall
The Labour Party says households may have paid £526 too much for gas and £431 too much for electricity as a result of not capping prices earlier
One of the Big Six energy companies has warned a potential energy price cap could harm competition. The comment from Keith Anderson, Chief Corporate Officer at ScottishPower, comes amid speculation the Conservative Party is planning to cap household energy prices as part of its manifesto. He suggests the government could instead set a deadline to […]
A total of 20 Conservative MPs are calling on Prime Minister David Cameron to support the adoption of a fifth carbon budget. The letter sent to the PM follows the Committee on Climate Change’s (CCC) recommendation to set a carbon budget which includes cutting emissions from international shipping. The suggestion has also been supported by the […]
Former Energy Secretary Ed Davey has criticised the Conservative Government for “trying to kill off [the UK’s] renewable energy boom”. Commenting in The Guardian, he said: “In the past three months, for the first time in our history, Britain produced more electricity from renewable sources than it did from coal. “But that massive progress in clean energy is […]
ELN Chief Reporter Priyanka Shrestha talks to former CEO of Energy UK Angela Knight about what a Conservative election win means for the energy industry.
The Conservative Party going back to Downing Street means “business as usual” for the energy market. That’s the view of Matt Osborne, Risk Manager at Inenco, who told ELN: “It means a lot more stability and clarity in terms of investment going forward. It means prices should remain at least pretty stable, if not slightly […]
Small business owners expect the Tory government to make sure the energy sector treats them fairly. Allen Creedy, Energy spokesperson at the Federation of Small Businesses said it’s already hard for small businesses to get a fair deal and “the Competitions & Markets Authority (CMA) has evidence to support this”. But the FSB is encouraged […]
The energy sector will remain stable after today’s Conservative party victory in the General Election. That’s the view of Markets and Innovation Director for npower, Wayne Mitchell who said the surprise majority victory by David Cameron has eased worries. He said: “There are three areas of stability which a hung parliament would have questioned, we […]
ELN reporter Vicky Ellis talks to Energy Secretary Ed Davey MP about community owned energy projects and gauges his reaction to the 2013 Government decarbonisation target vote.