The Chancellor has announced a 12% reduction in the Sovereign Grant, due to the “unexpected significant increase” in the Crown Estate’s net profits from offshore wind projects

The government plans to implement a scheme, compelling retailers to share petrol and diesel prices online, aiming to prevent drivers from being overcharged

Ofgem plans to unveil findings of non-domestic market review this summer

UK power subsidies reached a record-breaking £39.3 billion between October 2022 and March 2023, according to government data

The Energy Security Secretary has suggested that countries such as the UAE and Bahrain are interested in investing in Britain’s plans to construct new nuclear power stations

According to the new Net Zero Growth Plan, the measure introduced is set to accelerate the planning and consenting process for new offshore wind projects

Chancellor Jeremy Hunt has said the delay will allow the UK to evaluate the EU’s response

Despite the wholesale price gap between petrol and diesel now just at 1.5p, if you’re filling up a diesel vehicle at the pump you’ll be paying 20p, new data has shown

Concerns have been raised by campaigners that the long-awaited strategy may favour the fossil fuel industry, as it reportedly includes measures such as offshore drilling plans

Grant Shapps has unveiled plans to eliminate “distortions” in the energy market, a move that could result in a £100 reduction in electricity bills