Energy UK

  1. Home
  2. Energy UK

Agreement on price cap change

Agreement on price cap change Ofgem‘s choice to alter the price cap methodology has made one of its non-executive directors resign. Christine Farnish, a non-executive member of Ofgem’s governing authority Gas and Electricity Markets Authority (GEMA) told The Times that she felt the energy regulator “had not struck the right balance between the interests of consumers…
Read More

Responses from industry to energy pricing report

Responses from industry to energy pricing report: The Business and Energy and Industrial Strategy Committee has now released its report closing its inquiry into energy pricing as well as the future of the energy market. MPs have demanded the government to update its energy bill support package to protect customers before the predicted additional rises…
Read More

Profound transition for UK energy sector

Profound transition for UK energy sector The UK’s electricity sector is in a process of profound transition, Energy UK has stated. As the UK needs to cut out the sector’s resting carbon emissions, it also needs to increase domestic power generation capacity to meet electricity needs that is set to boost up by more than…
Read More

Boris Johnson urged to improve energy efficiency policy

Boris Johnson urged to improve energy efficiency policy: The Energy Efficiency Infrastructure Group (EEIG) has encouraged Prime Minister Theresa May to prioritise household energy efficiency measures in order to reduce heating costs. In a letter to Boris Johnson, the organisation argued that households with adequate insulation could save £500 per year on energy expenditures. The…
Read More

Major financial stress tests for all energy suppliers

Major financial stress tests for all energy suppliers: All energy suppliers will be subjected to a financial resilience test beginning next month, according to Ofgem. Stress testing on energy firms will begin as part of a package of reform measures announced by the energy regulator today, with the goal of making the sector more resilient…
Read More

UK energy sector announces net zero pledge by 2030s

UK energy sector announces net zero pledge by 2030s: The UK’s energy sector has now committed to investing in as well as carrying out a net zero power system during the 2030s. Announced in the week COP26 begins, a new document by the energy industry says that there should be no additional investment in a…
Read More

In August the energy switches were turned off

In August the energy switches were turned off: According to the most recent data, energy switching activity took a break last month. According to Energy UK’s electricity switching statistics, 397,827 customers switched suppliers in August. In comparison to August of last year, this represents a 16 percent drop in numbers. According to the data, roughly…
Read More

July’s energy switches have slowed down

July’s energy switches have slowed down: Energy switching action has reduced pace last month, as reported by the newest Energy UK’s figures. The figures reveal over 452,000 customers switched to a new supplier in July, constituting a 13% reduction in the numbers in comparison to the same month the previous year. The data additionally calculates…
Read More

UK government called to take action on non EV emissions

UK government called to take action on non EV emissions The UK government has been urged to introduce a zero emission vehicles (ZEV) mandate to ensure their is a clear path for the increase in ZEV sales. This is one of the recommendations that has been included in a new report by Energy UK, which…
Read More