Current± caught up with the energy sector, to find out their reactions to the recent increase in support funded by a windfall tax of oil and gas companies.
A new Energy Bill was announced today (10 May) as part of the Queen's Speech, to help the UK build a more secure, homegrown energy system that is both cleaner and more affordable.
OVO Energy has hired Dan Burdett as chief customer officer, a newly created role aimed at ensuring customers are supported through the high energy prices.
The size and scale of the current energy crisis and the knock on impact on consumer bills is now “beyond what this industry can deal with”, according to ScottishPower’s CEO Keith Anderson.
The Industry and Regulators Committee has said the UK is likely to miss its net zero by 2050 target, as the goal has not been matched by the policies and the clarity over financial incentives needed.
As gas prices remain high, the Association for Renewable Energy and Clean Technology (REA) has published a six point plan to tackle the current energy bill crisis.