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Ofgem Announces New Measures to Protect Customers

Ofgem Announces New Measures to Protect Customers

The UK’s energy regulator Ogfem  has announced new steps to safeguard consumers who pay their bills via direct debit in order to “ensure credit balances do not become excessive.”   The additional financial measures will also guarantee that suppliers can survive future shocks,  adding that providers would be able to “weather the persistent storm” of business […]

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Cost of Living: Protesters demand action on skyrocketing prices

Cost of Living: Protesters demand action on skyrocketing prices

Trade union leaders, frontline workers and community organizations joined the protest in London, demanding a “better deal” for workers struggling to cope.  The TUC  organized hundreds of buses to transport protestors from around the UK to London and demanded “a reasonable pay boost for public-sector employees” and a £15 minimum wage.   Prime Minister Boris Johnson has

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Eon Launches Energy Efficiency Assessment Drones

Eon Launches Energy Efficiency Assessment Drones

Eon Energy and Nationwide Drones have partnered to launch drone and laser scanner-led house ‘health assessments,’ promising to be able to check solar, heat pump, and insulation compatibility in under an hour.   Eon’s drone pilot home assessors have begun surveying walls, floors, and ceilings with body-worn mobile laser scanners and thermal analysis, with findings coming

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SSE Gas Prices Rise by 42% for Small Businesses & Home Customers

SSE Gas Prices Rise by 42% for Small Businesses & Home Customers

SSE Airtricity has announced a massive 43 percent increase in gas prices, affecting around 190,000 consumers.   A typical customer will experience an increase of roughly £1.02 per day as a result of this tariff adjustment.   This hike will take effect on July 1, 2022, and will affect all SSE Airtricity home and small business customers.  

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Austria warns the UK on Johnson’s energy revolution

Austria warns the UK on Johnson's energy revolution

Boris Johnson’s aspirations for a nuclear energy revolution have hit a new stumbling block after the Austrian government voiced doubts about a new reactor design’s safety.   Austria’s energy ministry warned the Business Department in a letter that the Sizewell C facility in Suffolk might face “serious incidents with high discharges.”  Hinkley and Sizewell, which are

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Windfall Tax – What does this mean for Renewables?

Windfall Tax - What does this mean for Renewables?

Last week, the Chancellor announced a windfall tax on oil and gas corporations to help people in the UK cope with the rising cost of living.   The new charge is expected to collect roughly £5 billion in revenue, which will go toward funding the government’s energy assistance package, which includes a £400 energy bill discount

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New Discussions for Nuclear Plant build in Wales

New Discussions for Nuclear Plant build in Wales

The UK government has begun official talks with the Nuclear Decommissioning Authority (NDA) to facilitate the construction of a new nuclear power plant in Wales.   Speaking on twitter Kwasi Kwarteng said:   “NEW – we’ve started formal discussions with @NDAgovuk to develop a new nuclear project at Trawsfynydd.  To power Britain’s nuclear renaissance, we need to

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Uncertainty over Windfall Tax for Oil and Gas Companies

Uncertainty over Windfall Tax for Oil and Gas Companies

On Tuesday, Conservative MPs will be told to vote against a windfall tax on oil and gas companies, according to the Business Secretary, who also criticized the Treasury’s plan.  The windfall tax, according to Kwasi Kwarteng, is a “bad idea” that would undermine the government’s efforts to generate more employment by discouraging investment from such

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UK’s First Lithium Plant to boost EV’s

UK’s First Lithium Plant to boost EV’s

The UK’s first lithium factory, which will supply European electric vehicle and battery manufacturers, has received extra funding and is expected to open in 2024.   Green Lithium’s refinery in northern England will get feedstock – a raw material needed in processing from Trafigura, one of the world’s leading metals merchants.   There are presently no commercial

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