Jeremy Hunt
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