Energy industry reacts to NAO’s report on UK’s slow progress

The energy industry has reacted to the National Audit Office’s report on the sluggish advancement in decarbonising home heating

NAO: Government fails to ensure biomass sustainability in £20bn support

A new National Audit Office report reveals that despite over £20 billion in government support to biomass businesses in the past two decades, the government lacks adequate evaluation of sustainability compliance

Energy giants fail in bid to block sale of collapsed Bulb

Scottish Power, British Gas, and E.ON had previously filed a lawsuit against the government, alleging mishandling of the sale process

NAO: Consumers paying ‘higher than necessary’ for electricity due to Ofgem’s regulations

The National Audit Office found households across Britain have paid at least £800m more because of weaker price controls set by the regulator

Ofgem and Ofwat ‘must prove they are effectively responding to consumer concerns’

The National Audit Office says regulators, including those covering energy and water, have not been specific enough in defining the overall outcomes they want to achieve for consumers

Claire Perry: Business case for smart meters ‘overwhelmingly positive’

The minister says smart meters ‘will make our lives simpler and easier and our bills more affordable’

Smart meter rollout costs will likely escalate, warns NAO

It says BEIS underestimated the time it would take to implement the infrastructure and technical standards for the second generation of smart meters

UK’s 2017 low carbon contracts ‘will add £100m a year to consumer bills’

The government awarded 11 Contracts for Difference worth up to £176 million annually in last year’s auction

UK Government scrapped rail electrification schemes ‘due to costs’

Transport Secretary Chris Grayling had said journeys could be improved sooner than expected without the need for “disruptive electrification works” due to advances in train power technologies

Consumers locked into ‘risky and expensive’ Hinkley nuclear deal

The government has “not sufficiently” considered the costs and risks of the Hinkley Point C nuclear plant deal for consumers. That’s according to the National Audit Office (NAO), which warns the deal has locked consumers into a “risky and expensive project with uncertain strategic and economic benefits”. The spending watchdog adds the case for the […]