Domestic electricity prices increased by 17% in the first three months of 2022 in comparison with the same period in 2021, according to new statistics from the Department of Business, Energy and Industrial Strategy (BEIS).
EDF has agreed to keep its coal-fired West Burton A power plant running through the upcoming winter amidst the ongoing uncertainty in the energy sector.
A windfall tax on generators could risk future investment into energy infrastructure, impacting the transition to net zero and prolonging the UK’s reliance on volatile international gas, Energy UK has warned.
Secretary of state Kwasi Kwarteng has called on National Grid Electricity System Operator (ESO) to explore options for bolstering energy security ahead of the winter, including utilising more coal.
The Energy and Climate Intelligence Unit (ECIU) has criticised the lack of governmental support for onshore wind, highlighting that by 2035 the shortfall in the rollout of the technology could cost each household £125.
