The Department of Business, Energy and Industrial Strategy (BEIS) has committed over £120 million to spearhead nuclear fusion innovation and boost energy security prospects for the future.
The Office of National Statistics (ONS) has showcased the impact of the energy bills support measures on public sector borrowing with the October 2022 figure standing at £13.5 billion.
The ongoing energy crisis is proving to serve as a catalyst for energy retailers to overhaul their technology platform and deliver transformational efficiencies.
Ofgem has made a statement calling on energy suppliers to ensure non-domestic customers are being supported and not taken advantage of amid the energy crisis.
In a bid to boost the UK's energy security and its own sustainability portfolio, SSE has revealed it has invested close to four times as much as it made in profits in the first half of its financial year totalling £1.7 billion.
Policy Exchange has stated that when the Energy Price Guarantee ends, it will be “impossible” to return to old billing practices of volumetric prices caps.
A revised draft of National Planning Framework 4 (NPF4) was released this week detailing how the Scottish Government expects planners to treat onshore and offshore developments in the renewable energy industry.