Ofgem greenlights £3.4bn for Scotland-Yorkshire electricity superhighway

A proposed 500 kilometre electricity superhighway between Scotland and Yorkshire has received provisional £3.4 billion funding, aiming to power up to two million homes

E.ON launches free home energy upgrades for 1,000 Midlands homeowners

The energy company has invited 1,000 Midlands homeowners to join the ‘Homes for Net Zero’ project, offering free energy upgrades and research opportunities

Former Just Eat executive appointed as OVO’s new CEO

David Buttress, former Chief Executive Officer of Just Eat, has been appointed as OVO’s new Chief Executive

Rising energy bills top concern for UK homeowners

A new survey of 2,000 homeowners indicates that nearly half of Brits consider rising energy bills their primary concern, prompting 39% to prioritise energy improvements to their properties

British Gas chief’s pay package reaches £8.2m

Chris O’Shea, the CEO of Centrica, the parent company of British Gas, has experienced an increase in his annual remuneration, reaching £8.2 million in 2023 compared to £4.5 million in 2022

Labour’s net zero target faces £116bn investment challenge

A new report by Policy Exchange, backed by modelling from Aurora Energy Research, warns of the infeasibility of achieving Labour’s net zero grid target by 2030

UK warned of potential £450bn loss due to energy policy uncertainty

The latest report from Offshore Energies UK cautions that unstable energy policies and tax regimes could result in the UK missing out on a potential £450 billion growth in the domestic offshore energy market by 2040

Energy customers’ compensation for delayed switches begins 1st April

From 1st April, energy customers will receive £30 compensation if their supplier fails to complete a switch within five working days

National Gas adopts tech to cut pipeline emissions

A new technology has been used by National Gas in Scotland, reducing carbon dioxide emissions during pipeline maintenance by 95%

National Grid boss proposes future ultra high voltage grid

John Pettigrew, CEO of National Grid, has unveiled plans for an ultra high voltage onshore transmission network at the Aurora Spring Forum