Charity warns of potential rise in household energy debt charges

A report from Warm This Winter reveals that energy firms will charge an additional £735 million from 1st April to cover unpaid gas and electricity bills

Iberdrola to invest €41bn, create 10k jobs by 2026

Iberdrola has announced today a €41 billion investment plan – the energy giant aims to hire 10,000 people by 2026 to accelerate electrification

TotalEnergies snaps up carbon capture and storage tech firm

TotalEnergies has inked a deal to acquire Talos Low Carbon Solutions

UK eyes US electricity with transatlantic power cable

Britain is reportedly considering importing electricity from the US through a proposed transatlantic power cable

Ofgem investigates SGN’s competition practices

The energy regulator is investigating whether SGN violated competition laws

Third of customers fully aware of time-of-use tariffs

Government survey shows that although nearly 88% of respondents are aware of tariffs with varying rates based on time of use, only a third feel they have a good understanding of them

bp recovers £1.8m from former CEO

bp has reclaimed £1.8m from former Chief Executive Bernard Looney, who left in September amid controversy over undisclosed personal relationships, which the board deemed as “serious misconduct.” In December, bp’s board concluded that former Chief Executive Bernard Looney was involved in “serious misconduct” concerning past relationships with colleagues. The oil company’s annual report, released on […]

Chancellor: Extending windfall tax a ‘difficult decision’

Chancellor Jeremy Hunt has admitted extending the windfall tax on energy firms was a tough call, citing unexpected profits amid global uncertainty, including the Ukraine conflict

Consumers urged to switch energy suppliers amid price drops

The Consumer Council has encouraged consumers to consider switching energy suppliers following price decreases announced by Power NI and SSE Airtricity gas

Masdar joins forces with RWE for massive UK offshore wind project

Masdar has sealed a deal with RWE for joint investment in the 3GW Dogger Bank South offshore wind project, set to power three million homes